Pengaruh Pengungkapan Corporate Social Responsibility, Investment Opportunity Set dan Struktur Modal pada Nilai Perusahaan

The samples used in this study were 28 companies so that there were 140 observations. The research sample was taken using purposive sampling technique. The analysis technique used in this study is multiple linear regression. The results of this study indicate that the disclosure variables of corporate social responsibility have a positive effect on firm value. The variable investment opportunity set has a positive effect on firm value. Capital structure variables have a positive effect on firm value. Theoretical implications of the research show that the results of the research are in line with signal theory. The practical implications of research can be taken into consideration for investors in making decisions by looking at information on CSR disclosures, IOS and company capital structure. Keywords : Corporate value, corporate social responsibility, investment opportunity set, capital structure.

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PERAN INVESTMENT OPPORTUNITY SET SEBAGAI PEMODERASI PENGARUH KINERJA KEUANGAN, GOODCORPORATE GOVERNANCE DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP NILAI PERUSAHAAN

Jurnal Akuntansi Trisakti ◽

10.25105/jat.v4i2.4842 ◽

2019 ◽

Vol 4 (2) ◽

pp. 85

Author(s):

Michael Anderson Sianipar ◽

Susi Dwi Mulyani

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Firm Value ◽

Good Governance ◽

Stock Exchange ◽

Investment Opportunity ◽

Good Corporate Governance ◽

Investment Opportunity Set ◽

Corporate Social ◽

Positive Effect

<em>Firm Values of manufacturing company in Indonesia is influenced by various factors of financial and non-financial that can be measured using financial ratios, good governance, and social responsibility practices in the company. The purpose of this study was to analyze the effect of financial performance proxied by Profitability and Solvability, Good Corporate Governance (GCG), and Corporate Social Responsibility (CSR) on the firm value,with Investment Opportunity set (IOS) as a moderating variable. The firm value in this study was proxied by Tobins’q.The population of this research is manufacturing companywith chemical industry subsectors listed in the Indonesia Stock Exchange (BEI) in 2013-2015. The sampling method used is purposive sampling and acquired 31 companies in this sample. The analytical method used is moderating regression analysis.Based on the results of hypotheses testing, there wasSolvability and IOS had positive effect on firm value, while Profitability, GCG, and CSR had no effect on the firm value. The use of a moderating variable Investment Opportunity Set (IOS) is not able to strengthen the influence of profitability, solvability, GCG and CSR on the firm value.</em>

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Pengaruh Corporate Social Responsibility pada Nilai Perusahaan dengan Kinerja Lingkungan Sebagai Pemoderasi

E-Jurnal Ekonomi dan Bisnis Universitas Udayana ◽

10.24843/eeb.2019.v08.i04.p05 ◽

2019 ◽

pp. 413

Author(s):

Veronica Padma Lingga ◽

M. G. Wirakusuma

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Environmental Performance ◽

Firm Value ◽

Positive Impact ◽

Stock Exchange ◽

Sampling Technique ◽

Analysis Technique ◽

Corporate Social ◽

Positive Effect

This study aims to determine the effect of Corporate Social Responsibility on the value of the company with environmental performance as moderating. This research was conducted on basic industrial and chemical sector companies, various industries, and mining listed on the Indonesia Stock Exchange for the period 2015-2017. The sampling technique in this study was taken based on non-probability sampling method with a purposive sampling technique so as to produce a sample of 43 companies. The data analysis technique used in this study was moderated regression analysis. Based on the results of the analysis it was found that Corporate Social Responsibility had a positive effect on firm value. The results of this study also show that environmental performance is not able to moderate the influence of Corporate Social Responsibility on firm value, which is due to good environmental performance that may not necessarily have a positive impact or benefits for investors.

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Pengaruh Corporate Social Responsibility (CSR) dan Struktur Modal terhadap Profitabilitas Bank Umum Syariah di Indonesia

SERAMBI: Jurnal Ekonomi Manajemen dan Bisnis Islam ◽

10.36407/serambi.v2i3.238 ◽

2020 ◽

Vol 2 (3) ◽

pp. 177-186

Author(s):

Beby Arini Mardhatillah ◽

Bambang Waluyo ◽

Dede Abdul Fatah

Keyword(s):

Corporate Social Responsibility ◽

Data Analysis ◽

Social Responsibility ◽

Capital Structure ◽

Commercial Banks ◽

Sampling Technique ◽

Purposive Sampling ◽

Analysis Technique ◽

Corporate Social ◽

Positive Effect

Purpose- This study aims to analyze the influence of Corporate Social Responsibility (CSR) and Capital Structure on the Profitability of Islamic Commercial Banks in Indonesia for the 2011-2017 period. Methods- Research uses a quantitative approach. Samples were taken by purposive sampling technique, amounting to 5 Islamic commercial banks in Indonesia. Data analysis technique using multiple linear regression with the assistance of the EVIEWS 9 program. Finding- The research results prove that CSR has an effect, but not significantly, on profitability. DAR has a positive effect on profitability. CSR and DAR together have a positive effect on profitability. The implications and suggestions are described in the article AbstrakTujuan- Penelitian ini bertujuan untuk menganalisis pengaruh Corporate Social Responsibility (CSR) dan Struktur Modal terhadap Profitabilitas Bank Umum Syariah di Indonesia periode 2011-2017. Metode- Riset menggunakan pendekatan kuantitatif. Sampel diambil dengan teknik purposive sampling berjumlah 5 bank umum syariah di Indonesia. Teknik analisis data dengan regresi linier berganda berbantuan program EVIEWS 9. Temuan- Hasil riset membuktikan bahwa CSR berpengaruh namun tidak signifikan terhadap profitabilitas. DAR berpengaruh positif terhadap profitabilitas. CSR dan DAR secara bersama-sama berpengaruh positif terhadap profitabilitas. Implikasi dan saran dijelaskan dalam artikel.

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Pengaruh Profitabilitas dan Leverage pada Nilai Perusahaan dengan Corporate Social Responsibility Sebagai Variabel Pemoderasi

E-Jurnal Akuntansi ◽

10.24843/eja.2019.v28.i01.p02 ◽

2019 ◽

pp. 26

Author(s):

Ni Made Laksmi Dewi ◽

I Dewa Gede Dharma Suputra

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Firm Value ◽

Stock Exchange ◽

Sampling Technique ◽

Corporate Value ◽

Analysis Technique ◽

Negative Effect ◽

Corporate Social ◽

Positive Effect

The purpose of this study was to find out and obtain empirical evidence about the effect of profitability and leverage on firm value with Corporate Social Responsibility as a moderating variable. This study was conducted at mining companies listed on the Stock Exchange in 2015-2017. The number of samples taken was 14 companies with a number of research observations were 42 samples in 3 years, through nonprobability methods with purposive sampling technique. The analysis technique of this study used the Moderate Regression Analysis (MRA). Based on the results of the analysis it was found that profitability had a significant positive effect on firm value. Leverage had no significant negative effect on firm value . Corporate Social Responsibility strengthens the influence of profitability on corporate value. Corporate Social Responsibility weakens the influence of leverage on firm value.Keywords: Profitability, leverage, corporate social responsibility, corporate value.

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Determinan Finansial dan Nonfinansial Corporate Social Responsibility Disclosure

E-Jurnal Akuntansi ◽

10.24843/eja.2019.v29.i01.p19 ◽

2019 ◽

Vol 29 (1) ◽

pp. 292

Author(s):

I Nyoman Adi Wiyarna ◽

I Putu Sudana

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Stock Exchange ◽

Media Exposure ◽

Sampling Technique ◽

Growth Media ◽

Managerial Ownership ◽

Analysis Technique ◽

Corporate Social ◽

Positive Effect

This research was conducted at mining companies listed on the Indonesia Stock Exchange in 2013-2017. The sample in this study was determined by nonprobability sampling method with purposive sampling technique, and the samples obtained in this study amounted to 13 companies with 65 observations. The data analysis technique used in this study is multiple regression analysis techniques. The results of this study indicated that the variables of profitability, leverage, managerial ownership, firm’s growth and media exposure have a positive effect on disclosure of Corporate Social Responsibility. This shows that there is an exposure on high profitability companies, high-leveraged companies, high firm’s growth companies, large managerial ownership and high media pressure so that it can be understood that the company will disclose more detailed informtion about Corporate Social Responsibility to reduce the pressure. Keywords : Profitability; Leverage; Mnagerial Ownership; Firm’s Growth; Media Exposure; CSR.

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PROFITABILITAS DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN DENGAN VARIABEL CORPORATE SOCIAL RESPONSIBILITY SEBAGAI MODERASI

Jurnal REKSA Rekayasa Keuangan Syariah dan Audit ◽

10.12928/j.reksa.v7i2.2670 ◽

2020 ◽

Vol 7 (2) ◽

pp. 73

Author(s):

Arifin Hamsyah Mukti ◽

Beni Suhendra Winarso

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Capital Structure ◽

Firm Value ◽

Quantitative Research ◽

Sampling Method ◽

Secondary Data ◽

Sampling Technique ◽

Data Sources ◽

Corporate Social

The purpose of this study was to investigate effect of profitability and capital structure with variable corporate social responsibility as moderation. The sampling technique in this study using purposive sampling method. The type of data this research is quantitative research with data sources used in the study is secondary data. The result of this research that positively affects the profitability of the company’s value, capital structure does not affect the value of the company, CSR moderating influence on the value of the company’s profitability, and CSR does not moderate the affect of capital structure on firm value

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Pengaruh Pengungkapan Corporate Social Responsibility Pada Nilai Perusahaan Dengan Manajemen Laba Sebagai Variabel Moderasi

Jurnal Ilmiah Akuntansi dan Bisnis ◽

10.24843/jiab.2019.v14.i01.p06 ◽

2019 ◽

Author(s):

Kalvarina Sabatini ◽

I Putu Sudana

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Earnings Management ◽

Agency Theory ◽

Firm Value ◽

Stock Exchange ◽

Sampling Technique ◽

Corporate Social Responsibility Disclosure ◽

Analysis Technique ◽

Corporate Social

The study aims to determine the effect of Corporate Social Responsibility disclosure on firm value and to determine earnings management moderate the effect of Corporate Social Responsibility disclosure on firm value. Agency theory used in this research as the grand theory. The population in this study are companies listed in the Business Index 27 in 2014–2016, which are listed on Indonesia Stock Exchange. Sample in this study was taken using purposive sampling technique. The analysis technique used in this study is moderated regression analysis technique. The results show that Corporate Social Responsibility has negative and significant effect on firm value. In addition earnings management has no significant effect on Corporate Social Responsibility disclosure on firm value. Theoretical implication shows that these results are in line with the signaling theory but contradictory with agency theory. On the other hand, practical implications of this research can be taken into consideration for potential investors and investors in making decisions by looking at CSR information which disclosed by the company. Keywords: CSR, earnings management, firm value

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PENGARUH INVESTMENT OPPORTUNITY SET, CORPORATE SOCIAL RESPONSIBILITY, DAN RISIKO BISNIS TERHADAP NILAI PERUSAHAAN

Jurnal Fokus Manajemen Bisnis ◽

10.12928/fokus.v11i2.4228 ◽

2021 ◽

Vol 11 (2) ◽

pp. 154

Author(s):

Muhammad Fuad Alamsyah ◽

Widyawati Malanua

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Firm Value ◽

Capital Expenditure ◽

Business Risk ◽

Investment Opportunity ◽

Book Value ◽

Investment Opportunity Set ◽

Value Equity ◽

Corporate Social

This study aims to determine the effect of investment opportunity set, corporate social responsibility and business risk on firm value. Investment opportunity set is measured using market book value equity, capital expenditure to book value of assets and corporate social responsibility is measured by corporate social responsibility disclosure index and business risk is measured by business risk in banking sub-sector companies listed on the Indonesia Stock Exchange (IDX) in 2015-2019. the method of determining the sample using purposive sampling then obtained a sample of 39 companies. The data analysis technique used is multiple regression analysis. The results showed that the investment opportunity set consisting of market book value equity had a significant effect on firm value, capital expenditure to book value of assets had no significant effect on firm value, corporate social responsibility had a significant effect on firm value, and business risk had no effect on firm value.

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Pengaruh Pengungkapan Corporate Social Responsibility Pada Nilai Perusahaan Dengan Kinerja Lingkungan Sebagai Pemoderasi

E-Jurnal Akuntansi ◽

10.24843/eja.2020.v30.i02.p13 ◽

2020 ◽

Vol 30 (2) ◽

pp. 447

Author(s):

Ngakan Made Dwi Purawan ◽

Made Gede Wirakusuma

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Environmental Performance ◽

Firm Value ◽

Stock Exchange ◽

Sampling Technique ◽

Corporate Social Responsibility Disclosure ◽

Company Value ◽

Analysis Technique ◽

Corporate Social

This study aims to determine the effect of Corporate Social Responsibility disclosure on company value and determine environmental performance moderating the effect of Corporate Social Responsibility disclosure on company value on the Indonesia Stock Exchange. This research was conducted on oil palm plantation sector companies listed on the Indonesia Stock Exchange in the 2014-2018 period. The sample in this study used a purposive sampling technique. The analysis technique used is the Moderated Regression Analysis (MRA) technique. The results showed that Corporate Social Responsibility did not affect the value of the company. This shows that even though the company has revealed CSR, it does not guarantee an increase in the value of the company. Environmental performance is not able to strengthen the effect of Corporate Social Responsibility disclosure on firm value. This shows that the items of environmental performance do not match the CSR disclosures made by the company. Keywords: CSR; Company Value; Environmental Performance.

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Effect of corporate social responsibility, good corporate governance and ownership structure on financial performance and firm value: A Study in Jakarta Islamic Index

10.31227/osf.io/wn9uz ◽

2017 ◽

Author(s):

Amiruddin Jallo ◽

Abdul Rahman Mus ◽

Mursalim ◽

Suryanti

Keyword(s):

Corporate Governance ◽

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Ownership Structure ◽

Firm Value ◽

Sampling Technique ◽

Good Corporate Governance ◽

Analysis Technique ◽

Corporate Social

This study explores several of the problems that are the objectives of this study: (1) Effect ofcorporate social responsibility, good corporate governance and ownership structure of financial performance.(2) Effect of corporate social responsibility, good corporate governance, ownership structure and financialperformance of the value of the company. (3) Effect of corporate social responsibility, good corporategovernance and ownership structure on corporate value through financial performance. The researchpopulation this is a 30 companies listed on Jakarta Islamic Index (JII) period in 2013 to 2015. There are 28companies as a research sample. Sampling technique used is purposive sampling. The analysis technique usedis partial least squares (PLS) with the help of SmartPLS version 3.0 analysis program. The results show that:(1) corporate social responsibility, good corporate governance and ownership structure has a positive andsignificant effect on financial performance. (2) Corporate social responsibility and ownership structure has apositive and insignificant effect on firm value. (3) Good corporate governance has a positive and significanteffect on firm value. (4) Corporate social responsibility and ownership structure have a positive andinsignificant effect on firm value as a mediated financial performance. (5) Good corporate governance has apositive and significant effect on firm value as a mediated financial performance.

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