Pengaruh Corporate Social Responsibility Disclosure Dan Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Kepemilikan Institutional Sebagai Variabel Moderasi
Keywords:
Corporate Social Responsibility Disclosure, Financial Performance, Institutional Ownership, Company ValueAbstract
The purpose of this study was to determine the effect of corporate social responsibility disclosure and
financial performance on firm value with institutional ownership as a moderating variable. The population in
this research are non-financial companies listed on the IDX for the period 2017-2019. The number of samples
are 111 samples. The method used in this research is quantitative method by analyzing panel data regression
model, panel data estimation selection test, the clasical assumption test, coefficient of determination, and
partial test (t test). The results from this research show that are corporate social responsibility disclosure
does not have a significant effect on firm value. The financial performance variable has a significant positive
effect on firm value. Meanwhile, institutional ownership as a moderating variable if it stands alone has a
significant negative effect on firm value. However, for the interaction, institutional ownership cannot
moderate or strengthen the relationship between CSR and financial performance to firm value
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