DAMPAK PROFITABILITAS PADA PENGARUH PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of disclosure of Corporate Social Responsibility (CSR) on the firm
value, meanwhile, profitability was the moderating variable at BUMN construction company listed in IDX. The
research sample used 10 BUMN construction companies listed in IDX in the 2015-2020 period. Furthermore,
the sample collection technique of this research used purposive sampling i.e., a sampling method that was not
random but based on objectives and considerations of determined criteria. Moreover, the research analysis used
Moderated Regression Analysis (MRA). The result showed that this research had already fulfilled the classic
assumption and feasibility model test, and also conducted the descriptive statistical analysis and regressions
analysis. Moreover, the t count value for Corporate Social Responsibility (CSR) was -2,163, while, the t count
value of profitability was -4,857. The research concluded that the disclosure variable of Corporate Social
Responsibility (CSR) had a negative and significant effect on the firm value. The research result showed that
profitability as the moderating variable was unable to strengthen the effect of Corporate Social Responsibility
(CSR) disclosure on the firm value effect of Corporate Social Responsibility (CSR) disclosure on the firm value.