The Role of Firm Size as Moderator in Affecting CSR and GCG against Corporate Value
Keywords:
firm size; good corporate governance; company values; managerial ownership; corporate social responsibilityAbstract
The aim of this research is to examine the role of firm size in moderating the relationship between Corporate Social Responsibility (CSR) and Good Corporate Governance (GCG) on Corporate value. The study selected a sample of six (6) consumer goods manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2018 to 2022. The research utilized quantitative methods and a causality approach, employing purposive sampling. Data analysis was conducted using panel data regression analysis in Eviews 12. The study's results indicated that: 1) CSR does not have a significant impact on company value; 2) GCG, represented by property ownership, positively and significantly influences company value; and 3) Firm size does not have a significant effect on company value.