The impacts of good corporate governance on corporate performance with corporate social responsibility disclosure as the intervening variable

The main objective of this study is to prove empirically the impact of good corporate governance on corporate performance, with corporate social responsibility disclosure as an intervening variable on manufacturing companies listed on the Indonesia Stock Exchange (ISX) of the 2011-2013. The sample chosen used purposive sampling method and 56 companies were obtained. The path analysis method was used as the analysis technique, which was solved by gradual regression analysis, with a significant value of 5%. The results of this study show that (1) managerial ownership effected corporate social responsibility disclosure. (2) Independent commissioners have no effect on corporate social responsibility disclosure. (3) Corporate social responsibility disclosure and independent commissioners have an effect on corporate performance. (4) Managerial ownership does not affect corporate performance, and (5) corporate social responsibility disclosure mediates the impacts of managerial ownership against corporate performance, but does not mediate the impacts of independent commissioners against corporate performance.