PENGARUH PROFITABILITAS, PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY, DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to test the effect of profitability, disclosure of corporate social responsibility and firm size on firm value. The research was quantitative. While, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 11 companies from 24 food and beverages companies which were listed on Indonesia Stock Exchange (IDX) during 2016-2018, as sample. Moreover, there were 33 observation data. Furtheremore, the data analysis technique used multiple linear regression with SPSS 25. The research result concluded profitability had positive effect on firm value. This happened as the higher ROA of company, the better its value. Meanwhile, the disclosure of corporate social responsibility did not affect firm value. It happened since stakeholders were tend to buy stock in order to get capital gain regardless companies’ sustainability in longer term. Likewise, firm size did not affect firm value. This occurred as companies which bigger was not always reacted to the market.
Keywords: profitability, disclosure of corporate social responsibility, firm size, firm value