PENGARUH PROFITABILITAS, SOLVABILITAS DAN LIKUIDITAS TERHADAP NILAI PERUSAHAAN DENGAN CORPORATE SOCIAL RESPONSIBILITY SEBAGAI PEMODERASI

Abstract

This research examines the effect of profitability, solvability, and liquidity on the firm value with Corporate Social Responsibility as a moderating variable.The research applies quantitatively. It is focused on the hypothesis test and data analysis with statistical procedures and mathematics. Furthermore, the data collection technique used was purposive sampling, i.e., a sample selection with determined criteria. In line with that, 88 data samples from 22Food and Beverage sub- sector companies listed on the Indonesia Stock Exchange (IDX) during 4 years (2020-2023) were taken. Moreover, the data analysis technique used was moderated linear regression with the instrument of the SPSS program. The results of this study indicate that (1) profitability has an effect on firm value, (2) solvability does not have an effect on firm value, (3) liquidity has an effect on firm value, (4) corporate social responsibility has an effect on firm value, (5) corporate social responsibility has an effect in moderating profitability on firm value, (6) corporate social responsibility has no effect in moderating the effect of solvability on firm value, and (7) corporate social responsibility has no effect in moderating the effect of liquidity on firm value.