PENGARUH KINERJA KEUANGAN TERHADAP NILAI PERUSAHAANDENGAN CORPORATE SOCIAL RESPONSIBILITY SEBAGAI VARIABEL PEMODERASI
Abstract: Company value
described how good or bad the manager of wealth management, it can be seen from
the measurement of financial performance obtained. The purpose of this
reasearch is to analyze the effect of the financial performance of the
company's value to the disclosure of corporate social responsibility as a
moderating variable on manufacturing companies listed in Indonesia Stock
Exchange period 2012-2015. The independent variables are financial performance
(ROA, ROE, CR, DER, TATO), the dependent variable is the enterprise value
(Tobin's Q) and variable CSR as moderation.
Samples were 30 companies listed on the Stock Exchange. Sampling of the
population using purposive sampling technique. Financial reporting data, ICMD
and annual reports obtained from IDX. Testing the hypothesis in this research
using multiple regression analysis with SPSS applications 21.
The results of the research with multiple linear regression showed that
the ROA, ROE, CR, DER significant positive effect on firm value, while TATO
significant negative effect on firm value.The moderating variables with
interaction test shows that disclosure corporate social responsibility
moderating influence ROA by value company, while corporate social responsibility
disclosure doesn’t moderating influence ROE, CR, DER, TATO by value of the
firm.
Keywords: Financial
Performance (Return On Assets, Return On Equity, Current Ratio, Debt To Equity
Ratio, Total assets Turn Over), Company’s Value (Tobin's Q), Corporate Social
Responsibility
Penulis: Dhian Andanarini
Minar Savitri
Kode Jurnal: jpmanajemendd170415
