Pengaruh Good Corporate Governance terhadap Kinerja Keuangan dengan Pengungkapan Tanggung Jawab Sosial sebagai Variabel Mediasi

Abstract

This research aims to determine the effect of Good Corporate Governance on financial performance with disclosure of social responsibility as a mediating variable in non - financial companies listed on the Indonesia Stock Exchange for the 2019-2022 period. The Good Corporate Governance dimension used in this research is the proportion of independent commissioners, while financial performance is measured by Return On Equity. The research method used was quantitative, sampling used purposive sampling to obtain a sample of 352 companies from a population of 718 non-financial companies listed on the Indonesia Stock Exchange. The sample will be processed and analyzed using Partial Least Square with the help of warpPLS 4.0 software to test the hypothesis. The research results show that the proportion of independent board of commissioners has a significant negative influence on financial performance, and has no influence on disclosure of social responsibility. Meanwhile, disclosure of social responsibility has a significant positive influence on financial performance. However, the role of social responsibility disclosure as a mediator between Good Corporate Governance and financial performance is not significant.