The Effect of GCG and CSR Disclosure on Company Value, with Financial Performance as a Moderator

Abstract

This study aims to determine the effect of GCG and CSR disclosure on company value with financial performance as a moderator. The research method used is causal associative with a quantitative approach. The variables used are GCG and CSR disclosure as independent variables, company value as the dependent variable, and financial performance as the moderating variable. The results show that GCG, measured through institutional ownership and independent commissioners, does not affect company value. Furthermore, CSR disclosure also has no effect on company value. Similarly, financial performance was unable to moderate the effect of GCG (institutional ownership and independent commissioners) and CSR disclosure on company value. Thus, financial performance was unable to influence company value through GCG and CSR disclosure.