PENGARUH CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE, INSTITUTIONAL OWNERSHIP, LEVERAGE DAN ASSET GROWTH TERHADAP NILAI PERUSAHAAN

Abstract

Companies are built to increase business owners or stakeholders prosperity. Therefore, many companies determine to maximize their value by inviting investors to invest their money. This research aimed to examine the effect of Corporate Social Responsibility Disclosure, Institutional Ownership, Leverage, and Asset Growth on the firm value of Food and Beverage manufacturing companies listed on The Indonesia Stock Exchange (IDX) 2019-2021. The research was quantitative with secondary data. Moreover, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 23 companies with 3 years of observation as the sample. In total, there were 69 data samples. Futhermore, the data analysis technique used multiple linear regression with SPSS 27. The result conclued that Corporate Social Responsibility Disclosure did not affect firm value. Howover, Institutional Ownership had a significantly positive effect on firm value. Likewise, leverage had a significantly positive effect on firm value. In contrast, Asset Growth did not affect firm value.