PENGARUH TATA KELOLA PERUSAHAAN, TANGGUNG JAWAB SOSIAL PERUSAHAAN, DAN KINERJA LINGKUNGAN TERHADAP NILAI PERUSAHAAN (Studi pada BUMN Tahun 2010 - 2014)
Abstract
Abstract: This research aimed to examine the influence of corporate governance, corporate social responsibility, and environmental performance to firm value on State-Owned Enterprises and measured by PROPER 2010 – 2014. The object in this research were State-Owned Enterprises listed in Indonesia Stock Exchange the period 2010 to 2014. Sample in this study were taken by using purposive sampling technique so that obtained a sample of 31 State-Owned Enterprises. Data analysis used in this research was multiple regression.
The results showed that corporate governance proxied by the proportion of institusional ownership, the number of the board of directors, proportion of independent commisioner board, and number of audit committee had a negative effect on firm value. The result showed that corporate social responsibility had negative effect on firm value. In other side, these results proved that there was negative effect of environmental performance on firm value.