Institutional Repository | Satya Wacana Christian University: Pengaruh Kinerja Keuangan, Corporate Social Responsibility dan Good Corporate Governance terhadap Nilai Perusahaan

PENGARUH KINERJA KEUANGAN, CORPORATE SOCIAL
RESPONSIBILITY DAN GOOD CORPORATE GOVERNANCE TERHADAP

NILAI PERUSAHAAN
Maria Natalia Lubis (232005122)

ABSTRACT
This research aims to examine the influence of financial performance, corporate social
responsibility and good corporate governance to firm value. The aim of this research is to find
empirical proof about (a) the influence of financial performance to firm value, (b) the influence
of corporate social responsibility to firm value, (c) the influence of good corporate governance
to firm value.

The sample consist of some manufacture companies listed in the Jakarta Stock Exchange
since 2007 until 2010. The method of the sampling is purposive sampling and there are 34 firm
with 102 observations. The data is taken from Indonesia Capital Market Directory and the
financial report provided in http://www.idx.co.id . Firm value viewed from tobin's q ratio,
financial performance viewed from in return on equity, corporate social resonsibility are taken
from 78 disclosure items and good corporate governance viewed from in managerial ownership.

The analysis method of this research used multiple regression analysis. The result of

hypothesis analysis shows that financial performance, corporate social responsibility, and good
corporate governance have negative and doesn't have significant influence toward firm value

Key Word:
return on equity, tobin’s q, csr disclosure, good corporate governance