ANALISIS CORPORATE SOCIAL RESPONSIBILITY TERHADAP RETURN SAHAM DENGAN GOOD CORPORATE GOVERNANCE SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN SEKTOR ENERGY YANG TERDAFTAR DI BEI 2016-2021
Keywords:
Corporate Social Responsibility, Stock Return, Good Corporate Governance, Managerial Ownership, Audit Committee, Board of Directors, Institutional OwnershipAbstract
This research was conducted to (1) find out and analyze corporate social responsibility on stock returns and (2) to find out and analyze whether Good Corporate Governance (GCG) strengthens or weakens the relationship between Corporate Social Responsibility (CSR) on stock returns. This study has a population of 74 companies through selection using purposive sampling method to produce 60 data from 10 companies with 6 research periods.. The data used in this study is secondary data obtained from financial reports, annual reports, and company sustainability reports published on the IDX and company websites. The test results obtained in this study are that corporate social responsibility has no significant effect on stock returns and good corporate governance cannot moderate the relationship between corporate social responsibility and stock returns.
