The Influence of Good Corporate Governance, Corporate Social Responsibility, And Company Size On Profitability (Study On The Energy Sector In 2018-2023)

Abstract

Energy sector companies in the mining sub-sector in 2018-2022 experienced a decrease in Return on Equity (ROE) which resulted in poor economic performance. This study aims to identify Good Corporate Governance, Corporate Social Responsibility, and Company Size on Profitability. Researchers use quantitative research with secondary data taken from the annual reports of mining subsector energy sector companies listed on the Indonesia Stock Exchange in 2018-2023 and sustainability reports in CSR disclosure using the 2016 GRI Standard. The method in this study uses purposive sampling consisting of 11 companies. The independent variables of this study are the Independent Board of Commissioners, Audit Committee, Institutional Ownership, Corporate Social Responsibility, and Company Size. While the dependent variable uses the Profitability Ratio, namely Return on Equity. The data analysis method uses multiple linear regression analysis with SPSS 26 software with a significance level of 0.05. The results in this study indicate that the Independent Board of Commissioners, Audit Committee and Corporate Social Responsibility have no effect on Return on Equity, while Institutional Ownership has a significant positive effect on Return on Equity and Company Size has a significant negative effect on Return on Equity.