PENGARUH SUSTAINABILITY DISCLOSURE, INVESTMENT OPPORTUNITY SET DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine and analyze the effect of sustainability report, investment opportunity set and profitability on firm value. The population was State-Owned Corporation which were listed on Indonesia Stock Exchange (IDX) during 2017 - 2019. Moreover, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 16 companies with 48 observation data as the sample. Furthermore, the data analysis technique which was used to examine hypothesis was multiple linear regression with SPSS (Statistical Product and Service Solutions) 23. After testing and analyzing data, the research result concluded that sustainability report did not affect firm value of State-Owned Corporation. On the other hand, investment opportunity set had positive effect on firm value of state-Owned Corporation. Likewise, profitability had a positive effect on firm value of State-Owned Corporation. Both of them had a significance of 0.00, lower than 0.05.
Keywords: sustainability report, investment opportunity set, profitability, firm value