Abstract :
Abstraction
Good Corporate Governance is to increase the business success and accountability of the
company to realize shareholder value in the long term while still paying attention to the
interests of other stakeholders to boost the company's value. Corporate Social Responsibility
is a company's obligation to contribute to the development of a sustainable economy, to obey
the rules, to make decisions and to act in accordance with the objectives of social values.
CSR as a moderating variable because it has the same relevance and purpose with GCG that
is in improving company value.
This research is a repetition research with object, year and proxy of GCG in research
different from previous research. The researcher wants to prove again whether Good
Corporate Governance which is proxied with managerial ownership and institutional
ownership influence to company value with Corporate Social Responsibility as moderation
variable with object of mining company listed on BEI in 2012-2016. The method of analysis
in this research is to use descriptive statistics, simple regression model, and Moderated
Regression Analisys (MRA). With the classical assumption test. T test is used to test partially
whether independent variable in this research has significant influence to firm value, and
whether moderation variable can moderate independent variable to firm value.
The results of this study indicate that partially Managerial ownership and institutional
ownership have a positive and significant effect on firm value. CSR is able to moderate
managerial ownership and institutional ownership of corporate value but negative. This
research advises subsequent researchers to identify the mechanisms of Good Corporate
Governance with proxies other than managerial ownership and institutional ownership to
know how it affects the firm's value.