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"Penelitian ini bertujuan untuk menguji pengaruh pengungkapan tanggung jawab sosial perusahaan terhadap kinerja pasar dengan corporate governance sebagai variable moderasi. Dalam penelitian ini, pengungkapan tanggung jawab sosial perusahaan diukur dengan menggunakan metode content analysis dengan mengacu pada pedoman GRI G3.1, sementara skor corporate governance diukur dengan menggunakan CG scorecard yang dikembangkan oleh Utama, et al. (2014). CG scorecard tersebut mengacu pada ASEAN CG Scorecard dan telah disesuaikan dengan konteks Indonesia dan terdiri dari 130 pertanyaan.Dengan menggunakan sampel 53 perusahaan manufaktur yang listing di Bursa Efek Indonesia (BEI) tahun 2011-2013, hasil penelitian menunjukkan bahwa pengungkapan tanggung jawab sosial perusahaan tidak berpengaruh pada kinerja pasar, corporate governance memiliki pengaruh positif terhadap kinerja pasar dan corporate governance tidak terbukti memperkuat pengaruh positif pengungkapan tanggung jawab sosial perusahaan terhadap kinerja pasar. Hal ini dapat disebabkan karena masalah pengungkapan tanggung jawab sosial perusahaan adalah hal yang relatif baru di Indonesia dan sebagian besar investor memiliki persepsi yang rendah terhadap hal tersebut. Selain itu, investor di Indonesia lebih peduli dengan corporate governance yang baik daripada pengungkapan tanggung jawab sosial perusahaan saja.

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This study is aimed to investigate the effect of corporate social responsibility disclosure on market performance with corporate governance as moderating variable. In this study, the corporate social responsibility disclosure measured using the content analysis method with reference to the GRI G3.1 guidelines, while corporate governance scores measured using CG scorecard developed by Utama, et al. (2014). That scorecard refers to the ASEAN CG Scorecard and has been adapted to the context of Indonesia and consists of 130 questions.

By using a sample of 53 manufacturing companies listed in Indonesia Stock Exchange (IDX) 2011-2013, the results showed that corporate social responsibility disclosure have no effect on market performance, corporate governance have positive effect on market performance and corporate governance cannot strengthen positive effect corporate social responsibility disclosure on market performance. It can be caused due to the issue of corporate social responsibility disclosure is a relatively new in Indonesia and most investors have a low perception towards it. In addition, investors in Indonesia was more concerned with good corporate governance rather than the extent of corporate social responsibility alone."

"Salah satu aspek keberlanjutan terletak pada implementasi dari ESG yang dilakukan oleh perusahaan bisnis, serta bagaimana pengungkapan terkait informasi tersebut dilakukan. Indeks pasar yang fluktuatif dapat menciptakan ekosistem informasi yang buruk serta dapat meningkatkan risiko idiosyncratic. Ekosistem informasi yang baik tentu ditentukan oleh sistem dari tata kelola perusahaan. Hanya terdapat sedikit literatur penelitian terkait hal tersebut. Penelitian ini bertujuan untuk menganalisis pengaruh pengungkapan aktivitas ESG dan karakteristik corporate governance terhadap idiosyncratic risk untuk perusahaan publik di Indonesia. Menggunakan data sekunder berupa perusahaan publik yang terdaftar di BEI sebagai sampel dan periode yang diambil dari tahun 2015 – 2021. Idiosyncratic risk diukur menggunakan Fama-French Three Factor Model. Pengungkapan ESG diukur menggunakan ESG score, diperoleh dari Thomson Reuter’s website. Metode analisis yang digunakan adalah regresi berganda dengan data panel. Penelitian ini menemukan bahwa tidak terdapat pengaruh signifikan antara ESG Disclosure terhadap Idiosyncratic Risk. Terdapat pengaruh negatif signifikan Ukuran Dewan Komisaris terhadap Idiosyncratic Risk dan Terdapat pengaruh negatif signifikan Keberagaman Gender Dewan Komisaris terhadap Idiosyncratic Risk. Kemudian, tidak terdapat pengaruh signifikan variabel moderasi Busy Board (Kesibukan Dewan Komisaris) terhadap hubungan ESG Disclosure dengan Idiosyncratic Risk. Penelitian ini dapat memberikan kontribusi untuk para manajer dan investor, serta memberikan manfaat teoritis.

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One of the aspect of sustainability lies in the implementation of ESG activities that is done by companies, as well as how they disclose this information to public. Market index that is fluctuative would create a poor information ecosystem and could increase idiosyncratic risk. A good information ecosystem is determined by the charactheristic of their corporate governance. There are only little amount of research regarding this subjects. This study aims to analyze the effect of disclosing ESG activities and the characteristics of corporate governance on idiosyncratic risks for public companies in Indonesia. The research used secondary data, consisting of public companies that are listed in IDX website from 2015 – 2021. Idiosyncratic risk is measured using the Fama-French Three Factor Model. ESG disclosure is measured using the ESG score, obtained from the Thomson Reuter website. The analytical method used is multiple regression with panel data. This study found that there was no significant effect of ESG disclosure on idiosyncratic risk. There is a significant negative effect of the size of the Board of Commissioners on idiosyncratic risk and there is a significant negative effect of Gender Diversity on idiosyncratic risk. Then, there is no significant effect of the busy board as a moderating variable on the relationship between ESG Disclosure and idiosyncratic risk. This research could contribute to managers and investors, as well as provide theoretical benefits."

"[Penelitian ini bertujuan untuk menguji pengaruh kepemilikan keluarga terhadapkinerja perusahaan Selain itu penelitian ini juga ingin melihat bagaimanacorporate governance mempengaruhi hubungan antara kepemilikan keluargaterhadap kinerja perusahaan. Pengujian dilakukan dengan Ordinary Least Square(OLS) dengan sampel sebanyak 257 perusahaan terbuka tahun 2014. Penelitian inimenyimpulkan bahwa kepemilikan keluarga tidak berpengaruh terhadap kinerjaperusahaan yang diukur dengan Tobin?s Q maupun ROA. Penelitian ini jugamembuktikan bahwa dewan komisaris dapat memperkuat efek positif kepemilikankeluarga terhadap kinerja perusahaan, namun komite audit menambah efek negatifkepemilikan keluarga terhadap kinerja perusahaan;This research examines the effect of family ownership on firm performance. Thisresearch also examines whether corporate governance will influence the relationbetween family ownership and firm performance. This research uses OrdinaryLeast Square (OLS) method with 257 samples of listed companies in 2014. Thisresearch concludes that family ownership do not affect to firm performancemeasured by Tobin?s Q or ROA. This research also find that board ofcommissioner strenghthen the positive relationship between family ownership andfirm performance, but audit committee strengthen the negative realtionshipbetween, family ownership and firm performance.;This research examines the effect of family ownership on firm performance. Thisresearch also examines whether corporate governance will influence the relationbetween family ownership and firm performance. This research uses OrdinaryLeast Square (OLS) method with 257 samples of listed companies in 2014. Thisresearch concludes that family ownership do not affect to firm performancemeasured by Tobin?s Q or ROA. This research also find that board ofcommissioner strenghthen the positive relationship between family ownership andfirm performance, but audit committee strengthen the negative realtionshipbetween, family ownership and firm performance., This research examines the effect of family ownership on firm performance. Thisresearch also examines whether corporate governance will influence the relationbetween family ownership and firm performance. This research uses OrdinaryLeast Square (OLS) method with 257 samples of listed companies in 2014. Thisresearch concludes that family ownership do not affect to firm performancemeasured by Tobin’s Q or ROA. This research also find that board ofcommissioner strenghthen the positive relationship between family ownership andfirm performance, but audit committee strengthen the negative realtionshipbetween, family ownership and firm performance.]"

"Penelitian ini meneliti pengaruh pengungkapan tanggung jawab sosial perusahaan dan kepemilikan keluarga terkonsentrasi terhadap manajemen laba. Selain itu, penelitian ini juga menguji pengaruh kepemilikan keluarga terkonsentrasi terhadap hubungan pengungkapan tanggung jawab sosial perusahaan dan manajemen laba. Penelitian ini menggunakan sampel seluruh perusahaan sektor pertambangan yang terdaftar di Bursa Efek Indonesia tahun 2012-2014 dengan total observasi 105 sampel. Hasil pengujian menunjukkan bahwa pengungkapan tanggung jawab sosial perusahaan berpengaruh negatif terhadap manajemen laba dan kepemilikan keluarga terkonsentrasi berpengaruh positif terhadap manajemen laba. Selain itu, adanya kepemilikan keluarga terkonsentrasi memperkuat pengaruh negatif pengungkapan tanggung jawab sosial perusahaan terhadap manajemen laba.

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This study examines the influence between corporate social responsibility disclosure and concentrated family ownership on earnings management. Besides that, this study also examines the effect of concentrated family ownership on the relationship between corporate social responsibility disclosure and earnings management. This study uses mining listed firms in Indonesia Stock Exchange as samples with some years of observations, 2012-2014. The total samples of this study are 105 samples. We find that there is negative influence between corporate social responsibility disclosures on earnings management. Besides that, we find that there is positive influence between concentrated family ownership on earnings management. Furthermore, concentrated family ownership is proven to strengthen the negative relationship between corporate social responsibility disclosure and earnings management."

"Skripsi ini membahas tentang pengaruh mekanisme tata kelola perusahaan terhadap pengungkapan Enterprise Risk Management (ERM) pada perusahaan manufaktur di Indonesia dengan periode 2010 hingga 2012. Pengungkapan ERM dinilai berdasarkan kerangka yang dikembangkan oleh COSO, yang terbagi menjadi 8 dimensi dengan total item pengungkapan sebanyak 108 item. Sedangkan tata kelola perusahaan terbagi menjadi 7 variabel utama, yaitu ukuran dewan komisaris, proporsi komisaris independen, proporsi kehadiran dewan komisaris dalam rapat, keberadaan komite manajemen risiko, reputasi auditor eksternal, konsentrasi kepemilikan dan berlakunya PSAK 60 (revisi 2010). Berlakunya PSAK 60 (revisi 2010) juga diteliti sebagai variabel pemoderasi terhadap hubungan antara variabel utama dengan pengungkapan ERM. Penelitian dilakukan dengan metode kuantitatif serta pengujian hipotesis dengan mengunakan regresi data pooled. Hasil penelitian ini menunjukkan bahwa ukuran dewan komisaris, keberadaan komite manajemen risiko, reputasi auditor eksternal, konsentrasi kepemilikan, dan berlakunya PSAK 60 (revisi 2010) berpengaruh positif terhadap pengungkapan ERM. Sedangkan penggunaan PSAK 60 (revisi 2010) sebagai variabel moderasi tidak mempengaruhi hubungan antara variabel lainnya terhadap pengungkapan ERM.

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This thesis discusses the influence of corporate governance mechanisms on the disclosure of Enterprise Risk Management (ERM) at a manufacturing company in Indonesia with the period 2010 to 2012. Disclosures ERM assessed based on a framework developed by COSO, which is divided into 8 dimensions with a total of 108 items of disclosure items. While corporate governance is divided into 7 main variables, namely board size, the proportion of independent directors, the proportion of the presence of the commissioners at the meeting, the existence of a risk management committee, external auditor reputation, concentration of ownership and the implementation of SFAS 60 (revised 2010). Applicability of SFAS 60 (revised 2010) also studied as a moderating variable in the relationship between the main variables with ERM disclosures. The study was conducted with quantitative methods and hypothesis testing using the pooled data regression. The results of this study indicate that the board size, the existence of a risk management committee, external auditor reputation, concentration of ownership, and the implementation of SFAS 60 (revised 2010) has a positive effect on the disclosure of ERM. While the use of FRS 60 (revised 2010) as a moderating variable does not affect the relationship between the other variables on the disclosure of ERM."

"Penelitian ini membahas pengaruh kinerja tanggung jawab sosial perusahaan terhadap asimetri informasi di pasar saham pada perusahaan-perusahaan yang terdaftar di Bursa Efek Indonesia tahun 2009-2011. Penelitian ini menganalisis dampak perbedaan tingkat kepemilikan institusional terhadap hubungan antara kinerja tanggung jawab sosial perusahaan dan asimetri informasi. Sampel berjumlah 60 perusahaan yang diambil berdasarkan kriteria seleksi awal perhitungan Indeks SRI-KEHATI. Hasil penelitian menunjukkan bahwa kinerja tanggung jawab sosial perusahaan berpengaruh negatif terhadap asimetri informasi dan tingkat kepemilikan institusional memperlemah hubungan negatif antara kinerja tanggung jawab sosial perusahaan dan asimetri informasi.

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This research discusses the influence of corporate social responsibility performance on stock market information asymmetry for listed firms in Indonesian Stock Exchange from 2009-2011. This research analyzes the effect of difference in institutional ownership level on the relation between corporate social responsibility performance and information asymmetry. Sample of 60 firms taken based on initial selection criteria for calculation of SRI-KEHATI Index. The result shows that corporate social responsibility performance has negative influence on information asymmetry and level of institutional ownership weakens negative relation between corporate social responsibility performance and information asymmetry."

"Penelitian ini bertujuan untuk menguji pengaruh siklus hidup perusahaan terhadap biaya ekuitas. Penelitian ini juga menguji peran faktor moderasi tata kelola perusahaan pada pengaruh siklus hidup perusahaan terhadap biaya ekuitas. Dengan menggunakan 217 sampel dari tahun 2010 ? 2013, ditemukan bukti bahwa biaya ekuitas tahap growth, mature, dan decline lebih rendah secara signifikan dibandingkan tahap shake out. Efektivitas fungsi pengawasan dewan komisaris hanya terbukti memperkuat pengaruh negatif siklus hidup perusahaan terhadap biaya ekuitas pada tahap growth dan mature. Adapun efektivitas fungsi pengawasan komite audit mampu memperkuat pengaruh negatif siklus hidup perusahaan terhadap biaya ekuitas pada seluruh siklus hidup perusahaan.

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This study is aimed to investigate the impact of corporate life cycle on cost of equity. This study is also aimed to examine the role of corporate governance as moderating variable on the impact of corporate life cycle on cost of equity. Using 217 observations of listed firms in IDX from 2010 - 2013, it is found that cost of equity in growth, mature, and decline stage is significantly lower than shake out stage. The effectiveness of monitoring role by board of comissioner is proven significantly strengthen the negative impact of corporate life cycle on cost of equity in growth and mature stages. In addition, The effectiveness of monitoring role by audit commitee is proven significantly strengthen the negative impact of corporate life cycle on cost of equity in all stages."

"Penelitian ini bertujuan untuk meneliti pengaruh pengungkapan tanggung jawab sosial perusahaan terhadap nilai perusahaan dengan variabel moderasi struktur kepemilikan dan tata kelola perusahaan. Sampel yang diambil dalam penelitian ini berjumlah 248 perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia pada tahun 2013-2014 dengan metode pengambilan sampel menggunakan metode purposive sampling. Pengujian hipotesis pada penelitian ini menggunakan analisis regresi berganda. Hasil penelitian ini menunjukan pengungkapan tanggung jawab sosial memiliki pengaruh positif terhadap nilai perusahaan, Kepemilikan blockholder memperlemah pengaruh pengungkapan tanggung jawab sosial perusahaan dengan nilai perusahaan dan persentase komisaris independen tidak mempengaruhi hubungan pengungkapan tanggung jawab sosial perusahaan dengan nilai perusahaan.

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The research aims to analyze the effects of corporate social responsibility disclousure on firm value with moderatio variable corporate ownership and corporate governance. The samples of this research are 248 manufacturing companies listed in Indonesian Stock Exchange for period 2013-2014 with using purposive sampling method for the sampling method. Hypothesis is tested by using multiple regressions analysis.

These results indicate that corporate social responsibility have positive effect on firm value, blockholder ownership weakens the effects of corporate social responsibility disclosure against firm value and percentage of independent commisioners not affect the effect of corporate social responsibility disclosure against firm value."

"Penelitian ini bertujuan untuk memberikan bukti empiris mengenai kondisi penerapan Tata Kelola Perusahaan di sektor perkebunan kelapa sawit dan pertambangan Indonesia untuk kemudian diukur dalam beberapa komponen, yaitu kepemilikan blockholders, kepemilikan publik, independensi dewan komisaris, dan fungsi CG (Corporate Governance) perusahaan. Hasil pengukuran tersebut akan digunakan untuk mencari adanya pengaruh yang diberikan dari penerapan CG terhadap tingkat pengungkapan CSR perusahaan. Adapun teori yang digunakan di dalam penelitian berfokus pada keuntungan dan konsekuensi yang diperoleh dari perusahaan melalui penerapan CG yang baik disertai dengan transparansi serta kesadaran pada aktivitas CSR. Sampel yang digunakan dalam penelitian ini berjumlah (27) perusahaan yang sudah meliputi kedua sektor pekebunan kelapa sawit dan pertambangan pada periode 2012-2013 yang terdaftar dalam Bursa Efek Indonesia. Hasil penelitian menggunakan uji statistik Random Effect (Least Squares Dummy Variables) menunjukkan bahwa independensi di dalam perusahaan membawa dampak yang signifikan untuk menjaga insentif perusahaan berbudaya bisnis yang transparan. Namun, masih tingginya kerjasama politik yang ada antara para pebisnis dengan pihak pemerintah daerah, menciptakan adanya bias atas informasi terkait peran publik dalam mengontrol aktivitas perusahaan.

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The objective of this study is to present an empirical evidence of the CG (Corporate Governance) implementation in the Indonesian palm oil sector and the mining sector for which the measurement of CG is separately conducted between the variables: Blockholders ownership, Public ownership, Board Independency, and CG Functions of the company. The measured data will be statistically observed in order to find out whether there is a significant influence towards the company‟s CSR (Corporate Social Responsibility) disclosure. The theories used in this study are specifically focusing on the benefits and consequences for the company‟s sustainability through executing good Corporate Governance as well as CSR activities with transparency and awareness. The samples used in this study include (27) listed companies that are operating in the mining sector as well as the palm oil sector in the Indonesian Stock Exchange (BEI) during 2012-2013. Through regression analysis and statistical test using the Random Effects (Least Squares Dummy Variables), this study found out that independency in most of the companies observed has significant influence in controlling the company‟s conduct of transparency. However, there is still a high political misconduct between the companies and the regional government which created a bias of information towards the role of society as controlling stakeholder for the company‟s CSR."

"Penelitian ini dilakukan untuk menguji apakah terdapat kaitan antara mekanisme corporate governance yang meliputi variabel board size, board independence, female directorship, ownership concentration, directors ownership dan audit reputation terhadap kinerja perusahaan serta menguji seberapa besar pengaruh financial leverage dalam memediasi corporate governance dan kinerja perusahaan. Penelitian dilakukan terhadap 113 perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia selama tahun 2013-2017 dengan total 565 observasi. Regresi data panel dengan menggunakan program STATA 15.0 dilakukan untuk pengujian hipotesis. Hasil penelitian menunjukkan bahwa board size memiliki pengaruh positif terhadap kinerja perusahaan, sementara female directorship dan ownership concentration memiliki pengaruh negatif terhadap kinerja perusahaan. Adapun financial leverage memediasi sebagian pengaruh board size terhadap kinerja perusahaan. Penelitian ini memberikan kontribusi terhadap literatur penelitian yang berkaitan dengan corporate governance khususnya mengenai faktor yang dapat memediasi hubungan antara corporate governance dengan kinerja perusahaan.

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This research examines the relationship between corporate governance mechanisms, such as board size, board independence, female directorship, ownership concentration, directors ownership and audit reputation on firm performance and examines the effect of financial leverage in mediating corporate governance and firm performance. This research was conducted on 113 manufacturing companies listed on the Indonesia Stock Exchange during 2013-2017, with a total of 565 observations. A panel data regression using the STATA 15.0 program is done to test the hypothesis. We find that board size has a positive effect on firm performance, while female directorship and ownership concentration have a negative effect on firm performance. Financial leverage partially mediates the effect of board size on firm performance. This study contributes to corporate governance literature, especially factors that can mediate the relationship between corporate governance and firm performance."