Analysis of the Influence of the Mediating Role of Corporate Reputation and the Role of Good Corporate Governance in Moderating Corporate Social Responsibility on Increasing Shareholder Wealth in Mining Companies Listed on the Indonesia Stock Exchange

Dian Maolana Saputra

Abstract


Abstract. This study aims to analyze the effect of Corporate Social Responsibility on Shareholder Wealth mediated by Corporate Reputation and Analysis of the role of Good Corporate Governance in moderating the relationship between Corporate Social Responsibility and Shareholder Wealth. The population used in this study are mining companies listed on the Indonesia Stock Exchange that include Corporate Social Responsibility in their financial reports from 2017 to 2021. Thus, 16 companies were obtained with 80 data. The analysis technique in this study usesPartial Least Square using SmartPLS3 software. The results of this study show thatCorporate Social Responsibility and Corporate Reputation have an effect on Shareholder Wealth with a negative coefficient value indicating that the higher the cost of Corporate Social Responsibility will result in a decrease in the value of the company which is equivalent to the value of shareholders. and there is no effect between Corporate Social Responsibility and Corporate Reputation and Corporate Reputation is unable to mediate between Corporate Social Responsibility and Shareholder Wealth. While Good Corporate Governance has an effect on Shareholder Wealth and can moderate and weaken the relationship between Corporate Social Responsibility and Shareholder Wealth.

Keywords: Corporate; Reputation; Responsibility; Shareholders; Social.


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References


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