PENGARUH PROFITABILITAS DAN PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of profitability and disclosure of Corporate Social Responsibility on the
firm value. The value of the company is considered very important because it describes or reflects the company’s
performance which can affect investor responses to the company. The firm value was measured by Tobin’s Q and
profitability measured by Return On Equity (ROE). Meanwhile, as the firm value was the dependent variable,
CSR and profitability was the independent variabel. Moreover, the research was quantitative research.
Furthermore, the data collection technique used purposive sampling technique, in wrhich the sample was based on
criteria given. In line with that, there were 34 companies from 56 Consumption Goods manufacturing companies
which were listed on Indonesia Stock Exchange (IDX) during 2017-2020; as the sample. Additionally, the data
analysis technique used multiple linear regression analysis. The research result concluded that as follows: 1)
Profitability had a positive and significant effect on the firm value of Consumption Goods manufacturing
companies which were listed on Indonesia Stock Exchange (IDX) during 2017-2020, 2) Disclosure of Corporate
Social Responsibility (CSR) did not affect the firm value of Consumption Goods manufacturing companies which
were listed on Indonesia Stock Exchange (IDX) during 2017-2020.