Pengaruh GCG dan CSR dalam Meningkatkan Kinerja Keuangan Bank di BEI
DOI:
10.33395/owner.v9i2.2672Keywords:
CSR, Financial Performance, GCGAbstract
This inquire about examines the impact of Good Corporate Governance (GCG) and Corporate Social Responsibility (CSR) on the budgetary execution of banks recorded on the Indonesia Stock Trade (IDX). Utilizing a numerous direct relapse approach, the consider assigns Return on Assets (ROA) as the subordinate variable, whereas GCG and CSR work as autonomous factors. The test determination takes after a purposive inspecting strategy, centering on banks that reliably discharge yearly and monetary reports containing GCG and CSR revelations. Some time recently testing the speculations, a few classical suspicion tests—such as multicollinearity, heteroscedasticity, and autocorrelation tests—are conducted to guarantee the model's legitimacy. The discoveries uncover that GCG emphatically and altogether impacts money related execution, while CSR does not illustrate a outstanding impact. These comes about suggest that well-implemented GCG improves benefit, whereas CSR activities may require a more key arrangement to affect money related results straightforwardly.
Downloads
Plum-X Analityc
References
Abral, E. (2023). Profitability and Financing Analysis at Sharia Bank in Indonesia. International Journal of Economics (IJEC), 2(2), 883–891. https://doi.org/10.55299/ijec.v2i2.762
Aisyah, M. S., Amanda, A., Fakia, I., & Mariana, M. (2024). Evaluasi Kinerja BPK dalam Meningkatkan Akuntabilitas dan Transparansi Keuangan Pemerintah Daerah. Ekalaya?: Jurnal Ekonomi Akuntansi, 2(4), 18–27.
Amalia, F. P. N., Aryati, T., & Delfina, C. (2023). The Effect of Business Strategy and Environmental Disclosure on Firm Value. Devotion?: Journal of Research and Community Service, 4(7), 1401–1414. https://doi.org/10.59188/devotion.v4i7.505
Ardila, I., & Sembiring, M. (2022). Profitability, Corporate Social Responsibility diclosure and Good Corporate Governance. International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS), 2(2), 255–258.
Arifai, M. (2018). How Does Reinforce The Local Original Revenue?? Developing Of Sharia-Based Tourism. International Journal of Social Science and Economic Research, 03(12), 6776–6795.
Arifai, M., Tran, A. T., Moslehpour, M., & Wong, W. K. (2018). Two-tier board system and Indonesian family owned firms performance. Management Science Letters, 8(7), 737–754. https://doi.org/10.5267/j.msl.2018.5.011
Aryani, K. H. (2019). Pengaruh Good Corporate Governance Terhadap Profitabilitas Perbankan Dengan Risiko Kredit Sebagai Variabel Intervening (Pada Perbankan Yang Terdaftar Di Bei Periode 2014-2016). Distribusi - Journal of Management and Business, 7(1), 63–80. https://doi.org/10.29303/distribusi.v7i1.45
Asaolu, T. O., Adedokun, S. A., & Monday, J. U. (2016). Promoting Good Governance through Internal Audit Function ( IAF ): The Nigerian Experience. International Business Research, 9(5), 196–204. https://doi.org/10.5539/ibr.v9n5p196
Azmy, A., Anggreini, D. R., & Hamim, M. (2019). Effect Of Good Corporate Governance On Company Profitability RE & Property Sector In Indonesia. Jurnal Akuntansi, XXIII(01), 18–33.
Bahgia, S., & Azlina. (2022). Pengaruh Profitabilitas Dan Leverage Terhadap Nilai Perusahaan. HEI EMA?: Jurnal Riset Hukum, Ekonomi Islam, Ekonomi, Manajemen Dan Akuntansi, 1(2), 11–21.
Carroll, A. B., & Shabana, K. M. (2010). The Business Case for Corporate Social Responsibility?: A Review of Concepts , Research and Practice. International Journal OfManagement Reviews, 12(1), 85–105. https://doi.org/10.1111/j.1468-2370.2009.00275.x
Chaidir. (2014). Pengaruh Struktur Modal, Profitabilitas, dan Pertumbuhan Perusahaan terhadap Nilai Perusahaan pada Perusahaan Sub Sektor Transportasi Yang Tercacat di Bursa Efek Indonesia Periode 2012-2014. JIMFE, 1(2), 1–21.
Chang, C., & Chen, Y. (2012). The determinants of green intellectual capital. Management Decision, 50(1), 74–94. https://doi.org/10.1108/00251741211194886
Eksandy, A. (2018). Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Pada Perbankan Syari’Ah Indonesia. Jurnal Akuntansi?: Kajian Ilmiah Akuntansi (JAK), 5(1), 1. https://doi.org/10.30656/jak.v5i1.498
Eni, I. G. A. K. R. S. M., & Suaryana, I. G. . A. (2018). Pengaruh Cash Holding, Profitabilitas, dan Ukuran Perusahaan Terhadap Perusahaan Properti Di BEI. E-Jurnal Akuntansi, 23, 1682. https://doi.org/10.24843/eja.2018.v23.i03.p03
Ergene, S. B., & Karadeniz, E. (2021). Corporate governance and firm value: Evidence from lodging companies. Journal of Global Business Insights, 6(1), 74–91. https://doi.org/10.5038/2640-6489.6.1.1165
Fajri, H., Taher, A., & Usman, N. (2023). The Influence of Teacher Competency, Motivation on Graduates’ Performance and their Implications for Graduate Absorption in Aceh. Migration Letters, 20(S4), 111–122. https://doi.org/10.47059/ml.v20i5.2930
Firdaus, A. F., BZ, F. S., Diantimala, Y. D., & Harianto, S. H. (2021). The Influence of Good Corporate Governance and Corporate Social Responsibility on the Value of Banking Companies Listed on the Indonesia Stock Exchange. E-Mabis: Jurnal Ekonomi Manajemen Dan Bisnis, 22(1), 1–8. https://doi.org/10.29103/e-mabis.v22i1.643
Fitri, S. A., Nasywa, R. S., Simatupang, Mauliza, N., & Mariana, M. (2024). Evaluasi Kebijakan Penganggaran Berbasis Kinerja di Pemerintah Daerah. Ekalaya?: Jurnal Ekonomi Akuntansi, 2(4), 52–59.
Frynas, J. G., & Stephens, S. (2015). Political Corporate Social Responsibility: Reviewing Theories and Setting New Agendas. International Journal of Management Reviews, 17(4), 483–509. https://doi.org/10.1111/ijmr.12049
Gede, I. B., Putra, W., Made, I., & Utama, K. (2015). Pengaruh Pengungkapan Corporate Social Responsibility Dan Informasi Laba Akuntansi Pada Return Saham. Jurnal Akuntansi Universitas Udayana, 7(2), 2302–8556. https://doi.org/10.2307/2407380
Gholy, P. A., & Nadya, P. S. (2020). Pengaruh Penerapan Good Corporate Governance terhadap Profitabilitas pada Bank Umum Syariah Periode 2014-2018. Jurnal Nisbah, 6(2), 108–115. https://doi.org/10.33005/senapan.v3i1.292
Hamdani, H., Nur, H. F., & Ramadani, S. (2022). Analisis Hubungan Kinerja Keuangan (Roa, Npf, Fdr) Terhadap Corporate Social Responsibility Pada Bank Umum Syariah Di Indonesia. Ekonis: Jurnal Ekonomi Dan Bisnis, 24(1), 79–86. https://doi.org/10.30811/ekonis.v24i1.3247
Hang, T. T. T., & Ngoc, B. T. (2018). Effect of Corporate Social Responsibility Disclosure on Financial Performance. Asian Journal of Finance & Accounting, 10(1), 40. https://doi.org/10.5296/ajfa.v10i1.12592
Harmaen, T., Mangantar, M., & Tulung, J. E. (2022). Pengaruh Good Corporate Governance terhadap Kinerja Keuangan perbankan syariah di Indonesia periode 2014-2018. Jurnal EMBA?: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 10(2), 799. https://doi.org/10.35794/emba.v10i2.40443
Hidayat, S., & Irwansyah, R. (2020). Pengaruh Dana Pihak Ketiga dan Pembiayaan Perbankan Syariah terhadap Pertumbuhan Ekonomi Indonesia. Jurnal Ekonomi Dan Perbankan Syariah, 5(1), 1–21. http://journal.um-surabaya.ac.id/index.php/Maqasid
Iramani, R. R., Mongid, A., & Muazaroh, M. (2018). Positive contribution of the Good Corporate Governance rating to stability and performance: evidence from Indonesia. Problems and Perspectives in Management, 16(2), 1–11. https://doi.org/10.21511/ppm.16(2).2018.01
Karunia, R. L., Darmawansyah, D., Dewi, K. S., & Prasetyo, J. H. (2023). The Importance of Good Governance in the Government Organization. HighTech and Innovation Journal, 4(1), 75–89. https://doi.org/10.28991/HIJ-2023-04-01-06
Kurnia, P., Darlis, E., & Putra, A. A. (2020). Carbon Emission Disclosure, Good Corporate Governance, Financial Performance, and Firm Value. Journal of Asian Finance, Economics and Business, 7(12), 223–231. https://doi.org/10.13106/JAFEB.2020.VOL7.NO12.223
Kusumo, Y. W., & Mariana, M. (2025). Manajemen Komunikasi Islam?: Prinsip , Konsep , dan Relevansi di Era Modern. Journal Of Islamic Management, 5(1), 29–54.
Lestari, E., Hidayat, W. W., & Ningrum, E. P. (2024). Pengaruh Good Corporate Governance dan Profitabilitas Terhadap Kinerja Keuangan Perusahaan dengan Kebijakan Dividen sebagai Variabel Pemoderasi pada Perusahaan Sektor Perbankan di Bursa Efek Indonesia. Jurnal Economina, 3(2), 303–313.
Lim, A., & Tsutsui, K. (2012). Globalization and commitment in Corporate Social Responsibility: Cross-national analyses of institutional and political-economy effects. American Sociological Review, 77(1), 69–98. https://doi.org/10.1177/0003122411432701
Liza, L., & Mariana, M. (2023). Can Budget Ratcheting Moderate the Relationship Between Financial Performance and Capital Expenditures? Journal of Data Acquisition and Processing, 38(3), 5472–5485. https://doi.org/10.5281/zenodo.777718
Mahrani, M., & Soewarno, N. (2018). The effect of Good Corporate Governance mechanism and Corporate Social Responsibility on financial performance with earnings management as mediating variable. Asian Journal of Accounting Research, 3(1), 41–60. https://doi.org/10.1108/AJAR-06-2018-0008
Mariana, Abdullah, S., & Mahmud, M. (2020). Corporate Governance Perception Index, Profitability and Firm Value in Indonesia. Technology and Investment, 11(02), 13–21. https://doi.org/10.4236/ti.2020.112002
Mariana, M., Abdullah, S., & Nadirsyah, N. (2018). Informasi Akuntansi, Informasi Non-Akuntansi, Dan Keputusan Pemberian Kredit. Jurnal Reviu Akuntansi Dan Keuangan, 8(2), 177. https://doi.org/10.22219/jrak.v8i2.37
Mariana, M., & Ibrahim, A. (2022). Determinan Cash Holding pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Pendahuluan. HEI EMA: Jurnal Riset Hukum, Ekonomi Islam, Ekonomi, Manajemen Dan Akuntansi, 1(1), 1–13. http://jurnal.stisalhilalsigli.ac.id/index.php/jhei/article/view/28
Mariana, M., Kusumo, Y. W., Muhammad, M., Sartina, K., A’zizah, A., & Yusriadi, Y. (2025). Integrating Financial Literacy And Digital Marketing For Craft Msmes In Aceh: Strategic Initiatives For Business Sustainability. Ta’awun: Jurnal Pengabdian Kepada Masyarakat, 05(01), 123–137.
Mariana, M., & Liza, L. (2024). The Implementation of International Financial For Reporting Standards ( IFRS ) on Net Income of Public Companies in Indonesia Dampak Penerapan International Financial for Reporting Standards ( IFRS ) Terhadap Laba Bersih Perusahaan Publik di Indonesia. J-ISCAN: Journal of Islamic Accounting Research, 6(1), 70–85. https://journal.iainlhokseumawe.ac.id/index.php/j-iscan/article/view/2812
Mariana, M., Liza, L., Ramadana, S. W., Rahmaniar, R., & Zulfikar, Z. (2024). Pengaruh Etika Audit dan Motivasi Terhadap Keputusan Strategis Internal Auditor. Owner: Riset & Jurnal Akuntansi, 8(3), 2306–2313. https://doi.org/10.33395/owner.v8i3.2179
Mariana, M., & Rahmaniar, R. (2022). Pengaruh Motivasi dan Independensi Auditor Terhadap Kinerja Auditor. HEI EMA?: Jurnal Riset Hukum, Ekonomi Islam, Ekonomi, Manajemen Dan Akuntansi, 1(2), 76–86. https://doi.org/https://doi.org/10.61393/heiema.v1i2.74
Mariana, M., & Ramadana, S. W. (2020). Determinant of Firm Value LQ45 on Indonesia Stock Exchange. Journal of Sosial Science, 1(4), 137–141. https://doi.org/10.46799/jsss.v1i4.54
Mariana, M., Ramadana, S. W., & Rahmaniar, R. (2024). Pertumbuhan Ekonomi: Pengaruh Pembiayaan dan Aset Tetap. Jurnal Point Equilibrium Manajemen Dan Akuntansi, 6(1), 1–14. https://doi.org/https://doi.org/10.59963/jpema.v6i1.289
Maulena, M., Kheriah, K., & Abral, E. (2023). Pengaruh Dana Alokasi Umum (DAU) terhadap Pertumbuhan Ekonomi di Kota Lhokseumawe. Ekalaya?: Jurnal Ekonomi Akuntansi, 1(4), 81–89. www.depkeu.com
Miras-Rodríguez, M. del M., Martínez-Martínez, D., & Escobar-Pérez, B. (2019). Which corporate governance mechanisms drive CSR disclosure practices in emerging countries? Sustainability (Switzerland), 11(1), 1–20. https://doi.org/10.3390/su11010061
Muchtar, D., Nor, F. M., Albra, W., Arifai, M., & Ahmar, A. S. (2018). Dynamic performance of Indonesian public companies: An analysis of financial decision behavior. Cogent Economics and Finance, 6(1), 1–14. https://doi.org/10.1080/23322039.2018.1488343
Naek, T., & Tjun Tjun, L. (2020). Pengaruh Corporate Social Responsibility Terhadap Kinerja Perusahaan Dengan Good Corporate Governance Sebagai Variabel Moderasi Pada Perusahaan Manufaktur Di Bursa Efek Indonesia Periode 2015-2017. Jurnal Akuntansi Maranatha, 12(1), 123–136. https://doi.org/10.28932/jam.v12i1.2323
Naimah, Z., & Hamidah. (2017). The Role of Corporate Governance in Firm Performance. SHS Web of Conferences, 13003, 391–403. https://doi.org/10.4324/9781315583075-38
Nurjanah, R., & Mulazid, A. S. (2018). Pengaruh Kualitas Pelayanan dan Corporate Social Responsibility Terhadap Citra Perusahaan. Muqtasid: Jurnal Ekonomi Dan Perbankan Syariah, 9(1), 40. https://doi.org/10.18326/muqtasid.v9i1.40-53
Nurlita, M. I., & Gunarsih, T. (2021). Analysis of The Effect of Dividend Policies on Corporate Value With Good Corporate Governance (GCG) as Moderating Variables. International Journal of Business, Humanities, Education and Social Sciences (IJBHES), 3(1), 12–17. https://doi.org/10.46923/ijbhes.v3i1.100
Putra, I. G. C., Sunarwijaya, I. K., & Gunadi, I. G. N. B. (2021). The Role of Good Corporate Governance in Enhancing the Performance of Village Credit Institutions. International Journal of Accounting & Finance in Asia Pasific, 4(1), 96–103. https://doi.org/10.32535/ijafap.v4i1.1036
Rahardjo, A. P., & Wuryani, E. (2021). Pengaruh Good Corporate Governance, Kepemilikan Institusional, Dan Ukuran Perusahaan Terhadap Kinerja Keuangan Perusahaan (Studi Pada Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia (Bei) Tahun 2016-2018). Jurnal Akuntansi AKUNESA, 10(1), 103–113. https://doi.org/10.26740/akunesa.v10n1.p103-113
Ramadana, S. W., & Mariana, M. (2023). Chief Executive Officer, Financial Leverage dan Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. EI EMA?: Jurnal Riset Hukum, Ekonomi Islam, Ekonomi, Manajemen Dan Akuntansi, 2(1), 33–43. https://doi.org/https://doi.org/10.61393/heiema.v2i1.94
Ramadana, S. W., Mariana, M., Rahmaniar, R., & Bahgia, S. (2023). Determinansi Kinerja Keuangan Pemerintah Daerah. Owner: Riset Dan Jurnal Akuntansi, 7(2), 1831–1840. https://doi.org/10.33395/owner.v7i2.1590
Ramadhani, A. T., & Sulistyowati, E. (2023). Pengaruh Intellectual Capital Dan Implementasi Good Corporate Governance Terhadap Peningkatan Kinerja Keuangan. Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA), 7(2), 969–986. https://doi.org/10.31955/mea.v7i2.3091
Ramadhani, D., Alfianti, J., Politeknik, J. B., & Lhokseumawe, N. (2024). Kualitas Informasi Kualitas Sistem Kualitas Layanan Kepuasan Penggunaan Penggunaan Sistem. Jurnal Ekonomi Dan Bisnis, 26(2), 227–232.
Rinayanti, R., Irawan, R. A. I., Wardana, M. D., Mariana, M., & Diana, D. (2025). Analisis penerapan process costing dalam industri manufaktur untuk meningkatkan efisiensi dan profitabilitas melalui hilirisasi. JUTIN?: Jurnal Teknik Industri Terintegrasi, 8(1), 543–549. https://doi.org/10.31004/jutin.v8i1.40242
Robiyanto, R., Nafiah, I., Harijono, H., & Inggarwati, K. (2020). Pengaruh Profitabilitas Terhadap Nilai Perusahaan Perhotelan Dan Pariwisata Dengan Struktur Modal Sebagai Variabel Intervening. Jurnal Ilmiah Bisnis Dan Ekonomi Asia, 14(1), 46–57. https://doi.org/10.32812/jibeka.v14i1.153
Ryadi, P. R. S., & Sujana, I. K. (2017). Pengaruh Price Earnings Ratio , Profitabilitas , Dan Nilai Perusahaan Pada Return Saham Indeks LQ45. E-Jurnal Akuntansi Universitas Udayana, 8(2), 202–216.
Safitri, R., Lidyah, R., & Rachmania, R. (2022). Profitability, Good Corporate Governance, Dividend Policy, and Firm Value at ISSI. Etikonomi, 21(1), 139–152. https://doi.org/10.15408/etk.v21i1.16524
Saragih, E. A., & Sihombing, T. U. (2021). Pengaruh intellectual capital, Good Corporate Governance, dan ukuran perusahaan terhadap kinerja keuangan perusahaan perbankan yang terdaftar di bursa efek indonesia. Jurnal Riset Akuntansi Dan Keuangan, 7(1), 1–17.
Setiawan, A. (2016). Pengaruh Corporate Governance Index terhadap Kinerja Keuangan Perusahaan. Jurnal Sikap (Sistem Informasi Keuangan Auditing Dan Perpajakan), 1(1), 1–8. https://doi.org/10.47467/alkharaj.v6i3.3777
Setyoastuti, P., & Saragih, E. H. (2021). Pengaruh Persepsi Karyawan atas Praktik Corporate Social Responsibility Perusahaan terhadap Komitmen Organisasional Karyawan. Journal of Management and Business Review, 18(2), 464–477. https://doi.org/10.34149/jmbr.v18i2.297
Sharma, R. B., Sharma, A., Ali, S., & Dadhich, J. (2021). Corporate Social Responsibility and financial performance: Evidence from manufacturing and service industry. Academic Journal of Interdisciplinary Studies, 10(3), 301–307. https://doi.org/10.36941/AJIS-2021-0085
Suyono, E., & Hariyanto, E. (2012). Relationship Between Internal Control, Internal Audit, and Organization Commitment With Good Governance: Indonesian Case. China-USA Business Review, 11(09), 1237–1245. https://doi.org/10.17265/1537-1514/2012.09.006
Suzan, L., & Sabila, W. H. (2023). The Influence of Intellectual Capital and Good Corporate Governance on Profitability at Conventional Commercial Banks in Indonesia. Proceedings of the 5th European International Conference on Industrial Engineering and Operations Management Rome, 2019, 2493–2501. https://doi.org/10.46254/eu05.20220480
Wulandari, W., & Sari, B. (2022). Struktur Modal, Likuiditas Dan Ukuran Perusahaan Penentu Kinerja Keuangan Sektor Property Dan Real Estate. Ikraith-Ekonomika, 6(2), 245–254. https://doi.org/10.37817/ikraith-ekonomika.v6i2.2357
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Anhar Firdaus, Mariana, Diana, Julia Alfianti, Ryanda Saputra, Alya Maula Aztari

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.