ANALISIS PENGARUH KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN DENGAN MODERASI CSR DAN GCG

Yuniar Lusita Febriani  Kusmana; Hendri    Sukotjo

Yuniar Lusita Febriani Kusmana
Hendri Sukotjo

Keywords: Return on asset (roa), corporate social responsibility (csr), good corporate governance (gcg), firm value

Abstract

The purpose of this research is to find out empirical evidence of (1) the influence of the financial
performance of Return on Assets (ROA) to the firm value, (2) the influence of Social Responsibility
disclosure (CSR) in moderating the correlation of the ROA to the firm value, (3) the influence of Good
Corporate Governance (GCG) in moderating the ROA to the firm value.The population are all mining
companies which are listed in Indonesia Stock Exchange in 2009-2014 periods. The samplecollection
technique has been carried outby using purposive sampling method and based on the predetermined
criteria, five sample companies have been selected as samples. The hypothesis testhas been carried out
by using Simple Regression Analysis for hypothesis 1 and Moderated Regression Analysis (MRA) for
hypothesis 2 and 3 has been done by using SPSS software.The result of the research shows that the
ROA give significant and positive influenceto the firm value. Meanwhile,the CSR is able to moderate
the correlation between the ROA andthe firm value. Meanwhilethe GCG has not been able to moderate
the correlation between the ROA and the firm value.

Keywords: Return on asset (roa), corporate social responsibility (csr), good corporate governance
(gcg), firm value