Good Corporate Governance dan Market Capitalization Dengan Variabel Moderating Corporate Social Responsibility Disclousure (Studi Kasus Pada Perusahaan Manufaktur Yang Terdaftar Di BEI)

Abstract

The purpose of this study is to test the effect of Good Corporate Governance (GCG) to the market Capitalization that is moderated by Corporate Social Responsibility (CSR). Using ordinary least squares approach (OLS) then the hypothesis would be tested in this study. The results show that good corporate governance affect market capitalization. This means that the enterprise value will increase if the company increases the management company as well. CSR as a moderating variable also showed the influence of corporate governance on firm value through CSR. Although the results showed a significant effect between GCG to market capitalization through CSR as a moderation variable, but this study also has limitations. Among them are companies that are just a sample of manufacturing firms listed on the Indonesia Stock Exchange, and then only companies that submit annual reports over the web IDX (www.idx.co.id). Finally, future research is suggested not only using annual report companies that submit reports via the web. Since the company’s annual report is very much related to the disclosure of information social responsibility (CSR). Key Word : good corporate governance, social corporate responsibility disclousure, market capitalization