PENGARUH PROFITABILITAS, LEVERAGE, DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to find out the effect of profitability, leverage, and Corporate Social Responsibility (CSR) on the firm value. The research was quantitative. Moreover, the population was banking companies listed on the Indonesia Stock Exchange (IDX). The data collection technique used purposive sampling. Furthermore, there were 39 companies as the sample during 2018-2021. The data analysis technique used multiple linear regression. The research result showed that (a) ROA had a positive effect on the firm value. It meant, the better the companies manage their assets, the higher profit would be gained by the company. As a consequence, the investors would be interested to invest in the company, (b) DER had a positive effect on the firm value. In other words, the better the company manages its debt which will be guaranteed by equity, the higher the company would get profits. This was followed by an increase in the company's risk, and (c) CSRDI had a positive effect on the firm value. The more companies cared about the community and the environment, the more positive impact would be received by the companies, as their banking image was increased to the investors.