Pengaruh Corporate Social Responsibility, Corporate Governance, dan Kualitas Audit terhadap Stock Price Crash Risk pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2019 – 2023

Abstract

This study aims to empirically test and determine the effect of corporate social responsibility, institutional ownership, independent board of commissioners, and audit quality on Stock Price Crash Risk in manufacturing companies listed on the IDX in 2019-2023. The research method used is associative quantitative research. The data source used in this study is secondary data. The population used in this study amounted to 215 companies from manufacturing companies on the IDX and there were 93 samples obtained using purposive sampling. The data analysis technique in this study is multiple linear regression analysis. The results of this study indicate that corporate social responsibility and independent board of commissioners have no effect on stock price crash risk. Institutional ownership has a significant negative effect on stock price crash risk. Lastly, audit quality has a significant positive effect on stock price crash risk.