Open AccessThe influence of company characteristics, intellectual capital, and CSR toward company values on companies listed on BEI in 2014 to 2017
Author(s) -
Fransisca Hanita Rusgowanto,
Rosinta Ria Panggabean
Publication year - 2021
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/729/1/012112
Subject(s) - intellectual capital , corporate social responsibility , nonprobability sampling , variables , business , regression analysis , sample (material) , value (mathematics) , enterprise value , linear regression , accounting , business administration , statistics , finance , mathematics , population , ecology , chemistry , demography , chromatography , sociology , biology
This research aims to influence the characteristics of the company, intellectual capital, CSR on firm value. The variables tested in this study consisted of independent variables namely ROA, DER, industry type, company size, intellectual capital, and the dependent variable namely PBV as measured by market price. The sample used in this study was taken using a purposive sampling method. After deducting some criteria, 1,953 companies were selected as samples. The analysis technique in this study uses linear regression analysis with the help of SPSS program version 24. The results of this study indicate that company characteristics affect firm value, but intellectual capital and firm size have no influence. The statistical test used in this study is multiple linear regression with a significant value of 5%. The results of this study found that disclosure of corporate social responsibility had no positive and significant effect on firm value. After the industry classification as a moderate variable is taken into account, disclosure of corporate social responsibility becomes insignificant for both sales growth and company value. It can be said that the high and low-profile industries in Indonesia are not significantly different in terms of their CSR actions.