The Impact of Good Corporate Governance (GCG) and Corporate Environmental Responsibility (CER) on Company Value Using Profitability as a Mediation Variable

  • Edi Supriono Universitas Muhammadiyah Yogyakarta, Indonesia
  • Novita Nurhayati Universitas Muhammadiyah Yogyakarta, Indonesia
  • Rita Kusumawati Universitas Muhammadiyah Yogyakarta, Indonesia
DOI: https://doi.org/10.17605/cajitmf.v3i10.323
Keywords: Corporate Environmental Responsibility, Good Corporate Governance, Firm Value, Profitability

Abstract

This study aims to analyze the effect of corporate environmental responsibility (CER) and good corporate governance (GCG) on firm value with profitability as a mediating variable. The research objects are companies listed on the Indonesia Stock Exchange (IDX) and included in the Corporate Governance Perception Index (CGPI) Index of SWA Magazine 2015 - 2019. This study use 68 samples determined by purposive sampling technique, with criteria that have been determined set. The analytical tool used is SPSS 20. The results showed that Corporate Environmental Responsibility (CER), Good Corporate Governance (GCG) had a significant effect on profitability. Corporate Environmental Responsibility (CER), GCG has a significant effect on firm value, profitability has a significant effect on firm value, and profitability can mediate the relationship between CER and GCG on firm value.

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Published
2022-10-13
How to Cite
Supriono, E., Nurhayati, N., & Kusumawati, R. (2022). The Impact of Good Corporate Governance (GCG) and Corporate Environmental Responsibility (CER) on Company Value Using Profitability as a Mediation Variable. Central Asian Journal of Innovations on Tourism Management and Finance, 3(10), 56-68. https://doi.org/10.17605/cajitmf.v3i10.323
Issue
Vol. 3 No. 10 (2022): October 2022
Section
Articles

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