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Good Corporate Governance Perception and Program Funds of Corporate Social Responcibility Case of Corporation in Indonesia

Good Corporate Governance Perception and Program Funds of Corporate Social Responcibility Case of Corporation in Indonesia
Oktovianus N Pau, Dwi Kartini, M. Fani Cahyandito, Yudi Azis
Universitas Padjadjaran, The Global Advanced Research Conference On Management And Business Studies (GARCOMBS), ISSN 2303 0003, Okt 14th-15th 2015 Bali
Bahasa Inggris
Universitas Padjadjaran, The Global Advanced Research Conference On Management And Business Studies (GARCOMBS), ISSN 2303 0003, Okt 14th-15th 2015 Bali
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This study aims to prove that if there is an arising in the program funding of corporate social responsibility as an increasing in good corporate governance index of corporations in Indonesia. This study is a survey of a sample of 19 corporations that have implemented good governance and implement such program of corporate social responsibility. We used fixed effect multivariate regression analysis to examine the dependent variables influences the independent variables. The result of the study show that corporation which an increasing good corporate governance perception index have an arise in the program funds to cost the corporate social responsibility which used to run the community and environment development programs. This is consistent research that the implementation of good corporate governance is tend to increase the long-term corporate reputation of social and environment responsibility. It means that Good corporate governance can explain it relationship to corporate social responsibility. Model as a whole is significant explaining variation in dependent variable which only the residual is explaining by external variables out of the model.

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