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The purpose of a company is to maximize company value, which is synonymous to increasing the shareholders’ wealth. There are some variables that could determine company value such as corporate social responsibility (CSR), diversification of business, and company size. This study examines the influence of corporate social responsibility (CSR), diversification of business, and size of the company upon the value of manufacturing companies listed on the Indonesian Stock Exchange (IDX). The research population is all manufacturing companies listed on IDX within the period 2011-2014. Based on some purposive sampling criteria, 110 company-year observations were chosen as the sample for this study. This study used a regression model, which found that CSR had an insignificant effect in influencing campany value. Diversification, as measured in the Herfindahl index by sales, had a positive and significant effect on company value, but the number of business segments had an insignificant impact upon company value. Finally, company size, which was measured by the number of assets, insignificantly affected company value while the market value of equity positively and significantly influenced company value. This implied that investors trust market value more than historical data. This is because market measurements such as the market value of equity could reflect a company’s prospects in the future while accounting-based measures only provide historical data on the company. Additionally, the government should allow companies to grow in size and to diversify into related businesses. Type of Paper: Empirical

The Influence of Corporate Social Responsibility, Business Diversification, and Company Size upon Company Value