CORPORATE SOCIAL RESPONSIBILITY AND GCG DISCLOSURE ON FIRM VALUE WITH PROFITABILITY (doi:10.34820/FK2/KHXJPF)

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Document Description

Citation

Title:

CORPORATE SOCIAL RESPONSIBILITY AND GCG DISCLOSURE ON FIRM VALUE WITH PROFITABILITY

Identification Number:

doi:10.34820/FK2/KHXJPF

Distributor:

Telkom University Dataverse

Date of Distribution:

2024-03-29

Version:

1

Bibliographic Citation:

Riyadh, Hosam Alden, 2024, "CORPORATE SOCIAL RESPONSIBILITY AND GCG DISCLOSURE ON FIRM VALUE WITH PROFITABILITY", https://doi.org/10.34820/FK2/KHXJPF, Telkom University Dataverse, V1

Study Description

Citation

Title:

CORPORATE SOCIAL RESPONSIBILITY AND GCG DISCLOSURE ON FIRM VALUE WITH PROFITABILITY

Identification Number:

doi:10.34820/FK2/KHXJPF

Authoring Entity:

Riyadh, Hosam Alden (Telkom University)

Distributor:

Telkom University Dataverse

Access Authority:

Riyadh, Hosam Alden

Depositor:

Riyadh, Hosam Alden

Date of Deposit:

2024-03-29

Study Scope

Keywords:

Business and Management

Abstract:

Purpose: The CSR program is one of the efforts made by the company to have a positive impact on the community as a result of the company's operational activities. Furthermore, the CSR programs that have been implemented provide information to shareholders that can be used to assess the firm's future survival. This study aims to scrutinize the CSR and GCG’s effects on firm value as well as verify if profitability either strengthens or weakens CSR and GCG on firm value. Research design, data and methodology: To attain this purpose this study used Stakeholder Theory, The Signaling Theory, The Legitimacy Theory, and The Agency Theory, the authors used a quantitative research method, and this study’s population was manufacturing companies listed on the IDX (Indonesian Stock Exchange) in 2017-2019. Employing a purposive sampling method, 31 companies were obtained. Thus, the data were tested employing the multiple linear regression method with Moderated Regression Analysis (MRA) utilizing SPSS. Results: This research’s results indicated that CSR affected firm value, and managerial ownership influenced firm value. Meanwhile, GCG, as measured by institutional ownership, did not impact firm value. In addition, profitability could moderate CSR and managerial ownership, but profitability could not moderate institutional ownership

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