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Effect of corporate social responsibility, good corporate governance and ownership structure on financial performance and firm value: A Study in Jakarta Islamic Index

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  • Jallo, Amiruddin
  • Mus, Abdul Rahman
  • , Mursalim
  • , Suryanti
  • Jamali, Hisnol

Abstract

This study explores several of the problems that are the objectives of this study: (1) Effect of corporate social responsibility, good corporate governance and ownership structure of financial performance. (2) Effect of corporate social responsibility, good corporate governance, ownership structure and financial performance of the value of the company. (3) Effect of corporate social responsibility, good corporate governance and ownership structure on corporate value through financial performance. The research population this is a 30 companies listed on Jakarta Islamic Index (JII) period in 2013 to 2015. There are 28 companies as a research sample. Sampling technique used is purposive sampling. The analysis technique used is partial least squares (PLS) with the help of SmartPLS version 3.0 analysis program. The results show that: (1) corporate social responsibility, good corporate governance and ownership structure has a positive and significant effect on financial performance. (2) Corporate social responsibility and ownership structure has a positive and insignificant effect on firm value. (3) Good corporate governance has a positive and significant effect on firm value. (4) Corporate social responsibility and ownership structure have a positive and insignificant effect on firm value as a mediated financial performance. (5) Good corporate governance has a positive and significant effect on firm value as a mediated financial performance.

Suggested Citation

  • Jallo, Amiruddin & Mus, Abdul Rahman & , Mursalim & , Suryanti & Jamali, Hisnol, 2017. "Effect of corporate social responsibility, good corporate governance and ownership structure on financial performance and firm value: A Study in Jakarta Islamic Index," INA-Rxiv wn9uz, Center for Open Science.
    • Handle: RePEc:osf:inarxi:wn9uz
    DOI: 10.31219/osf.io/wn9uz
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