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

Abstract

This research aimed to examine the effect of profitability, leverage, and Corporate Social Responsibility (CSR) disclosure on the firm value of Property and Real Estate companies. The research was quantitative. Moreover, the population was Property and Real Estate companies listed on the Indonesia Stock Exchange (IDX). The data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 19 companies as the sample. Furthermore, the data were taken for 4 years (2019-2022). In total, there were 76 data samples. The data analysis technique used multiple linear regression. The result concluded that profitability (ROA) had a positive effect on firm value (PBV). It meant the first hypothesis was accepted. Likewise, leverage (DER) had a positive effect on firm value. In other words, the second hypothesis was accepted. However, Corporate Social Responsibility (CSR) disclosure did not affect firm value (PBV). This meant the third hypothesis was accepted.