Open AccessVALUE OF MANUFACTURING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE
Author(s) -
Desak Ayu Sriary Bhegawati,
Ni Putu Yuria Mendra,
Luh Pande Eka Setiawati,
Putu Ayu Meidha Suwandewi
Publication year - 2021
Publication title -
international journal of social science
Language(s) - English
Resource type - Journals
eISSN - 2798-3463
pISSN - 2798-4079
DOI - 10.53625/ijss.v1i4.705
Subject(s) - nonprobability sampling , profitability index , stock exchange , corporate social responsibility , business , accounting , annual report , documentation , enterprise value , regression analysis , data collection , variables , finance , statistics , public relations , population , mathematics , political science , demography , sociology , computer science , programming language
The importance of disclosing corporate social responsibility reports in the company's annual report can indirectly affect the high value of the company. Profitability which in this study is proxied by ROE is the company's ability to generate profits based on certain share capital. This study aims to obtain empirical evidence regarding the effect of Corporate Social Responsibility on company value with profitability as a moderating variable.This research was conducted at manufacturing companies listed on the IDX in 2018-2020. The sampling method used was purposive sampling. The number of companies that meet the criteria is 78 companies that have data related to the variables used. Data collection was done by using documentation method. The data analysis technique used is the Moderated Regression Analysis (MRA) test. Based on the research results, it shows that Corporate Social Responsibility has a significant positive effect on company value. This study also found that the profitability proxied by ROE was able to moderate the influence of Corporate Social Responsibility on company value.