Analisis Pengaruh Profitabilitas dan Leverage Terhadap Nilai Perusahaan dengan Corporate Social Responsibility sebagai Variabel Pemoderasi

  • Hestin Sri Widiawati Universitas Nusantara PGRI Kediri
  • Linawati Linawati
Abstract views: 159 , pdf downloads: 258
Keywords: Profitability, Leverage, Company Value, Corporate Social Responsibility, Bursa Efek Indonesia.

Abstract

The purpose of the establishment of a company is none other than to get high profits, this can be achieved if the company can make high sales as well. For this reason, companies are required to be able to attract investors to invest their capital. Company value greatly influences the decision of prospective investors to invest their capital. The purpose of this study was to determine the effect of profitability and leverage on firm value with CSR as a moderating variable.

The population of this research is companies registered in the Bursa Efek Indonesia (BEI) in 2015-2019. The research sample selection uses purposive sampling which is tested by using moderating regression analysis.

Based on the results of testing the hypothesis in this study shows that the profitability proxied by ROA partially has a significant effect on firm value, with a significant value of t test of 0.031. Leverage proxied by DER partially has a significant effect on firm value, with a t test significance value of 0.012. CSR disclosure is not able to moderate the relationship between profitability and corporate value, with a significant value of t test of 0.082. CSR disclosure is able to moderate the relationship between leverage and firm value, with a t-test significance value of 0,000. And simultaneously Profitability, Leverage, CSR moderation on Profitability, and CSR moderation on Leverage have a significant effect on Company Value, with a significant value of f test of 0,000.

References

Anisa. (2017). berjudul Analisis Faktor – Faktor yang Mempengaruhi Nilai Perusahaan pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia Tahun 2011 – 2015.
Dewa, G. putra, Fachrurrozie, & Utaminingsih, N. S. (2014). Pengaruh Profitabilitas Terhadap Nilai Perusahaan Dengan Luas Pengungkapan Csrsebagai Variabel Moderasi. Accounting Analysis Journal, 3(1), 62–69. https://doi.org/10.15294/aaj.v3i1.3911
Harmono. (2015). Manajemen Keuangan. PT.Buni Aksara. https://www.idx.co.id/
Kasmir. (2015). Analisis Laporan Keuangan (Edisi Satu). PT RajaGrafindo Persada.
Mahpudin, E., & Suparno. (2016). Faktor Faktor Yang Mempengaruhi Nilai Perusahaan (Studi empiris Pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia). Jurnal Riset Keuangan Dan Akuntansi, 2(2), 56–75. https://doi.org/10.25134/jrka.v2i2.456
Nisa, I. K. (2017). Pengaruh Profitabilitas, Leverage, Kepemilikan Manajerial terhadap Nilai Perusahaan dengan Pengungkapan Corporate Social Responsibility (CSR) sebagai Variabel Moderating (Studi Empiris Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia Tahun 2012-2015).
Rachman, N. A. (2016). Faktor-Faktor Yang Mempengaruhi Nilai Perusahaan Pada Sektor Industri Food And Baverages Yang Terdaftar Di Bursa Efek Indonesia (Bei) Tahun 2011-2015.
Rajab, M. (2017). Pengaruh Profitabilitas Terhadap Nilai Perusahaan Dengan Corporate Social Responsibility Sebagai Variabel Moderating (Studi Empiris Perusahaan Manufaktur yang terdapat di Jakarta Islamic Index tahun 2011-2015). Skripsi UIN SUMATERA UTARA MEDAN 2017.
Sugiyono. (2016). Metodologi Penelitian Kuantitatif Kualitatif dan R&D. Alfabeta.
Wiagustini, N. L. P. (2014). Dasar-Dasar Manajemen Keuangan (Edisi Pert). Udayana Press.
Published
2022-03-28
How to Cite
Widiawati, H. S., & Linawati, L. (2022). Analisis Pengaruh Profitabilitas dan Leverage Terhadap Nilai Perusahaan dengan Corporate Social Responsibility sebagai Variabel Pemoderasi. JAE (JURNAL AKUNTANSI DAN EKONOMI), 7(1), 11-21. https://doi.org/10.29407/jae.v7i1.17543
Section
Volume 7 No 1 Tahun 2022