TAF PUBLISHING

This research aims to determine the effect of corporate social responsibility and corporate governance on companies performance on BUMN (state-owned enterprises), which are registered in the Indonesian Stock Exchange from 2012 until 2017. The number of the sample was 14 companies. The phenomenon that occurred was that the performance of state-owned enterprises with Return on Assets (ROA) indicator was more decreasing from 2012 until 2016. The company pays attention to the business interests, but the social responsibility needs to be paid attention to create the added value. Many things must be solved in State-Own Enterprises, especially in corporate governance. Results show that Good Corporate Governance (GCG) does not affect ROA where CSR, the Board of Directors, the Board of Commissioners, and the Audit Committee significantly affect ROA in state-owned enterprises registered on the IDX. These findings imply that the implementation of GCG is very necessary to build public trust in value creation. Therefore, companies need to implement GCG principles and practices in each company unit.