scholarly journals VEKÂLET TEORİSİNİN PERDE ARKASINDAKİ KURUCU SENDROMU: KURUMSAL YÖNETİŞİM VE KURUMSAL SOSYAL SORUMLULUĞA BİR TEHDİT UNSURU

2018 ◽  
Vol 6 (1) ◽  
Author(s):  
Şafak GÜNDÜZ
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Agency Theory ◽  
Governance Mechanism ◽  
Principal Problem ◽  
Discursive Analysis ◽  
Corporate Governance Mechanism ◽  
Organisational Behaviour ◽  
Corporate Social

Agency theory studies have had almost no attention to antecedents of the causes leading agent-principal problem. As there is yet no consensus over what constitutes a perfectly working corporate governance mechanism, this discursive analysis tries to draw attention to the hidden reason of agent-principal problem in order to help the constitution of healthy corporate governance with corporate social responsibility. The purpose is to put forward that Founder’s Syndrome could be one of the reasons behind agency problem and a threat to corporate governance and corporate social responsibility. This paper is the first to extend Agency Theory by associating it with a syndrome analysing the psychological and behavioural instigations of it, which fills the void in literature. A theoretical lens to enhance organizations’ ability to be the corporate social responsibility-focused by overcoming Founder’s Syndrome is provided bearing implications especially for organisational behaviour researchers.

scholarly journals Corporate Governance and Corporate Social Responsibility: Evidence from the Role of the Largest Institutional Blockholders in the Korean Market

2020 ◽  
Vol 12 (4) ◽  
pp. 1680 ◽  
Author(s):  
Daeheon Choi ◽  
Paul Moon Sub Choi ◽  
Joung Hwa Choi ◽  
Chune Young Chung
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Governance Mechanism ◽  
Corporate Governance Mechanism ◽  
Corporate Social ◽  
Long Term Performance ◽  
Term Performance ◽  
Korean Market

This study investigates the monitoring effectiveness of the largest institutional blockholder in Korea, the Korean National Pension Service (KNPS), on firms’ engagement in corporate social responsibility (CSR). We use a large, unique sample from Korea, where the financial market is primarily characterized by chaebols. We show that lagged KNPS blockholdings do not significantly influence investee firms’ concurrent CSR indexes. This result indicates that even the largest institutional blockholder in Korea does not actively engage in firms’ CSR initiatives to enhance their long-term performance and prosperity. Overall, our results suggest that institutional investors should more actively serve as an effective corporate governance mechanism in emerging Asian markets, where companies aim to be profitable and long-term corporate governance is very important.

scholarly journals The Mediating effect of Corporate Social Responsibility and Dividend Policy on the Effect of Corporate Governance Mechanism on Firm Value among Publicly Listed Companies in the Philippines

2019 ◽  
Vol 8 (6S) ◽  
pp. 602-605
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Firm Value ◽  
The Philippines ◽  
Mediating Effect ◽  
Governance Mechanism ◽  
Governance Mechanisms ◽  
Corporate Governance Mechanism ◽  
Corporate Social

— Corporate social obligation has become an vital part of commercial company exercise during the last decade or so. In fact, many businesses dedicate a phase of their annual reports and company internet web sites to CSR activities, illustrating the importance they attach to such sports. On the opposite hand, Good company governance exercise has a number of observable outcomes on economic results of the company. Corporate governance recommendations are strongly associated with income quality or the quantity to which the firm’s disclosed economic basic performance reflects its right performance. This have a look at investigates in the main the mediating effect of Corporate Social Responsibility and Dividend Policy on the impact of corporate governance mechanism on firm value amongst publicly listed organizations inside the Philippines. It examined forty seven publicly indexed businesses inside the Philippines for a four-yr period from 2013 to 2016. A structural equation modeling (SEM) approach changed into used for the evaluation. Results show that Corporate Social Responsibility does not act as a mediating variable with regards to company governance mechanisms to firm rate. It manner that CSR does now not act as a variable so one can give a boost to corporation governance mechanisms that during developing the charge of the commercial enterprise corporation. Also, dividend coverage does no longer act as mediating variable at the effect of enterprise governance mechanisms on company value. Finally, the end result confirmed that there is a terrible but large effect of dividend price on business enterprise value.

scholarly journals Do Political Connection and Corporate Governance Mechanism Increase Corporate Social Responsibility Disclosure?

2021 ◽  
pp. 28-46
Author(s):  
Yeterina Widi Nugrahanti
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Institutional Ownership ◽  
Political Connection ◽  
Governance Mechanism ◽  
Corporate Governance Mechanism ◽  
Csr Disclosure ◽  
Corporate Social ◽  
The Impact

The objective of this study is to investigate the impact of political connection and corporate governance mechanisms (independent board of commissioner, institutional ownership, and board of commissioner size) toward Corporate Social Responsibility (CSR) disclosures using Global Reporting Initiative (GRI) Guidelines. Purposive sampling technique was conducted and 272 non-financial companies listed in the Indonesian Stock Exchange during 2015-2017 were acquired as the samples (816 firm-years). For testing the hypotheses, unbalanced Generalized Least Square panel data regression was employed. The finding shows that political connection and board of commissioner size have a positive impact on CSR disclosures while independent board of commissioner and institutional ownership do not. This study contributes to political connection, corporate governance mechanism, and CSR disclosure literature by identifying CSR disclosure based on GRI guidelines up to the most detailed level, which are 77 disclosure items indicators and 254 sub-indicators. Meanwhile, previous research only identify CSR disclosure up to 77 GRI indicators without paying attention to the sub-indicators in detail.

PENGUNGKAPAN TANGGUNG JAWAB SOSIAL KORPORAT PADA EMITEN MANUFAKTUR DI BURSA EFEK INDONESIA

2017 ◽  
Vol 13 (1) ◽  
pp. 1
Author(s):  
Rowland Bismark Fernando Pasaribu ◽  
Dionysia Kowanda
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Environmental Performance ◽  
Earning Management ◽  
Governance Mechanism ◽  
Corporate Social Responsibility Disclosure ◽  
Good Corporate Governance ◽  
Corporate Governance Mechanism ◽  
Corporate Social

The objectives of this study are examine the influence of environmental performance, good corporate governance mechanism and earning management on Corporate Social Responsibility Disclosure. Thepopulation used in this study was companies that listed in Indonesian Stock Exchange (IDX) in 2009- 2013. Samples were selected using purposive sampling method and there are 24 manufacture companies were able to fulfil the criteria. The analysis method of this reaserch use multiple linear regression. Data used are secondary data from Bursa Efek Indonesia, Indonesian Capital Market Directory, and menlh.go.id. The result of this reasearch found that environmental performance, public ownership and earning management have insignificant influence to Corporate Social Responsibility Disclosure. board of commissioners, independence of commissioner, and managerial ownership have significantly influence on the disclosure of Corporate Social ResponsibilityKeywords: corporate social responsibility disclosure, environmental performance, good corporate governance mechanism, earning managementTujuan dari penelitian ini adalah menganalisis pengaruh kinerja lingkungan, mekanisme tata kelola perusahaan yang baik dan manajemen laba terhadappengungkapan tanggung jawab sosialPerusahaan.Populasi yang digunakan dalam penelitian ini adalah perusahaan yang terdaftar di Bursa Efek Indonesia (BEI) di 2009-2013.Sampel dipilih dengan menggunakan metode purposivesampling dan ada 24 perusahaan manufaktur yang mampu memenuhi kriteria.Teknik analisis yang digunakan adalah regresi linier  berganda.Data yang digunakan adalah data sekunder dari BursaEfek Indonesia, Direktori Pasar Modal Indonesia, dan menlh.go.id. Hasil penelitian menyatakan bahwa kinerja lingkungan, kepemilikan publik dan manajemen laba memiliki pengaruh signifikan terhadap pengungkapan tanggung jawab sosial perusahaan. Secara parsial, dewan komisaris, independensi komisaris, dan kepemilikan manajerial berpengaruh signifikan terhadap pengungkapan tanggung jawab sosial perusahaan.Kata kunci: tanggung jawab pengungkapan sosial, kinerja lingkungan, mekanisme good corporate governance, manajemen laba.

scholarly journals PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN CORPORATE GOVERNANCE TERHADAP AGRESIVITAS PAJAK

2017 ◽  
Vol 21 (3) ◽  
pp. 425
Author(s):  
Juniati Gunawan
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Governance Mechanism ◽  
Tax Aggressiveness ◽  
Good Corporate Governance ◽  
Profit Analysis ◽  
Corporate Governance Mechanism ◽  
Sustainability Reports ◽  
Corporate Social

This study aims to find out the influence of corporate social responsibility (CSR) and corporate governance (CG) with tax aggressiveness. Sample in this study is 42 with criterias: companies in Indonesia whichprovide sustainability reports in 2014 and obtain positif profit.  Analysis were conducted byusing multiple regression analysis. The result shows that CSR significantly influencetax aggresiveness. The more extensive CSRdisclosures, it seems that companies tend to be more aggressive in applyingtax. On the other hand, this study finds that corporate governance (CG) does not significantly influence tax aggressiveness. A good corporate governance score doesnot mean an effective corporate governance mechanism in combating un ethical behavior of managers in managing taxes.

Complementary or Substitutive Effects? Corporate Governance Mechanisms and Corporate Social Responsibility

2016 ◽  
Vol 44 (7) ◽  
pp. 2716-2739 ◽  
Author(s):  
Won-Yong Oh ◽  
Young Kyun Chang ◽  
Tae-Yeol Kim
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Agency Theory ◽  
Empirical Evidence ◽  
Theory And Practice ◽  
Governance Mechanism ◽  
Governance Mechanisms ◽  
Corporate Governance Mechanisms ◽  
Corporate Social

Management researchers have investigated how corporate governance mechanisms influence corporate social responsibility (CSR). The previous literature has been largely based on agency theory, which emphasizes the roles of effective monitoring and incentive alignment, but the empirical evidence has been mixed. This inconsistency may result from the assumption that each governance mechanism functions independently, even though they interact with one another to affect CSR. On the basis of a perspective of bundle of governance mechanisms, we examined whether multiple governance mechanisms act as complements or substitutes for each other in promoting CSR. Using a panel sample of U.S. firms for the years 2004 to 2010, we found that multiple governance mechanisms mainly act as substitutes to promote CSR. Our findings suggest that a similar level of CSR can be achieved with different combinations of governance mechanisms. Our study contributes to the fields of both corporate governance and CSR in theory and practice.

scholarly journals PENGARUH CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE, DAN KEPEMILIKAN MANAJERIAL TERHADAP NILAI PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2018 – 2020

2021 ◽  
Vol 6 (2) ◽  
pp. 17-29
Author(s):  
Anak Agung Ayu Astari Fana ◽  
Gine Das Prena
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Agency Theory ◽  
Triple Bottom Line ◽  
Bottom Line ◽  
Purposive Sampling ◽  
Good Corporate Governance ◽  
Corporate Social

Pengaruh CSR, GCG, Dan Kepemilikan Manajerial Terhadap Nilai Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Periode 2018 – 2020. Tujuan penelitian ini untuk membuktikan pengaruh corporate social responsibility, good corporate governance, kepemilikan manajerial terhadap nilai perusahaan pada perusahaan perbankan yang terdaftar di Bursa Efek Indonesia tahun 2018 – 2020. Penelitian ini memakai 2 teori yaitu teori keagenan (agency theory) dan teori triple bottom line. Sampel dalam perusahaan ini berjumlah sebanyak 14 perusahaan  perbankan selama 3 tahun  selama tahun 2018 - 2020 dan menghasilkan total sampel sebanyak 42 perusahaan perbankan. Teknik pengambilan sampel pada penelitian ini memakai metode purposive sampling. Dalam penelitian ini, peneliti memakai metode analisis linier berganda dalam program SPSS versi 25. Hasil penelitian mengungkapkan bahwa corporate social responsibiliity berpengaruh positif terhadap nilai perusahaan dengan, good corporate governance berpengaruh positif terhadap nilai perusahaan dengan, kepemilikan manajerial berpengaruh positif terhadap nilai perusahaan.

scholarly journals Pengaruh Manajemen Laba Terhadap Pengungkapan Corporate Social Responsibility (CSR) Dengan Mekanisme Corporate Governance Sebagai Variabel Moderasi Pada Perusahaan Yang Terdaftar di Jakarta Islamic Index (JII)

2017 ◽  
Vol 17 (1) ◽  
pp. 33
Author(s):  
Sunarsih Sunarsih
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Data Analysis ◽  
Social Responsibility ◽  
Earnings Management ◽  
Audit Committee ◽  
Panel Data Analysis ◽  
Governance Mechanism ◽  
Csr Disclosure ◽  
Corporate Social

This study examines the effect of earnings management on corporate social responsibility disclosure (CSR) with corporate governance mechanism as moderating variable. The size of the audit committee, the number of boards of commissioners, and the majority shareholding are the proxies of corporate governance. The tests used data obtained from all companies listed in the Jakarta Islamic Index (JII) during the period 2011-201. Data analysis was done by panel data analysis technique. The results showed that earnings management proved to have no effect on CSR disclosure. The size of the audit committee, the number of boards of commissioners, and the majority share ownership proved unable to moderate the relationship between earnings management and CSR disclosure. The implication of this research found that companies listed in JII are worthy of consideration as a company that is in accordance with Islamic sharia due to the minimum practice of earnings management. The variables of earnings management, corporate governance, and interaction results can explain the extent of CSR disclosure in companies listed in JII during the period 2011-2015 amounting to 41.94%.[Penelitian ini menguji pengaruh manajemen laba terhadap pengungkapan corporate social responsibility (CSR) dengan mekanisme corporate governance sebagai pemoderasi. Ukuran komite audit, jumlah dewan komisaris, dan kepemilikan saham mayoritas adalah proksi dari corporate governance. Pengujian menggunakan data yang diperoleh dari seluruh perusahaan yang terdaftar di Jakarta Islamic Index (JII) selama periode 2011-2015. Analisis data dilakukan dengan teknik analisis data panel. Hasil penelitian menunjukan bahwa manajemen laba terbukti tidak berpengaruh terhadap pengungkapan CSR. Ukuran komite audit, jumlah dewan komisaris, dan kepemilikan saham mayoritas terbukti tidak mampu memoderasi hubungan manajemen laba terhadap pengungkapan CSR. Implikasi temuan penelitian ini adalah perusahaan yang terdaftar di JII layak dipertimbangkan sebagai perusahaan yang sudah sesuai dengan syariah islam karena minimalnya praktik manajemen laba. Variabel manajemen laba, corporate governance, serta hasil interaksi keduanya dapat menjelaskan luas pengungkapan CSR pada perusahaan yang terdaftar di JII selama periode 2011-2015 sebesar 41,94%.]

scholarly journals CORPORATE GOVERNANCE MECHANISM AND CORPORATE SOCIAL RESPONSIBILITY ON FIRM VALUE

2020 ◽  
Vol 3 (1) ◽  
pp. 13
Author(s):  
Jacobus Widiatmoko
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Board Of Directors ◽  
Firm Value ◽  
Audit Committee ◽  
Stock Exchange ◽  
Governance Mechanism ◽  
Manufacturing Companies ◽  
Corporate Social

This study aims to empirically examine the effect of corporate governance and corporate social responsibility on corporate value using agency perspectives and stakeholder theory. Corporate governance is measured using an independent commissioner, a board of directors, and an audit committee. The research data were obtained from manufacturing companies listed on the Indonesia Stock Exchange in 2015-2017. The test results using multiple linear regression indicate that corporate governance as measured by the board of directors and audit committee has a positive effect on company value. Meanwhile, the existence of independent commissioners in the sample companies did not have an impact on increasing the value of the company. The same result also occurs for CSR variables, which have not been proven to affect the firm's value. The results of the sensitivity analysis show that the research model is robust, both by measuring PBV or Tobin's Q for the dependent variable. Keywords: independent commissioner, board of directors, audit committe, corporate social responsibility, firm value

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