Institutional ownership and CSR boost financial performance and firm value in mining.
The study looked at how ownership structure and corporate social responsibility (CSR) affect financial performance and firm value in Indonesian mining companies. They found that institutional ownership and CSR positively impact financial performance, while managerial ownership does not. All of these factors, along with financial performance, have a significant effect on firm value. Financial performance also partially mediates the relationship between institutional ownership, CSR, and firm value.