PENGARUH CORPORATE SOCIAL RENSPONSIBILITY DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN SEKTOR INDUSTRIAL YANG TERDAFTAR DI BURSA EFEK INDONESIA
Abstract
High Company Value Reflects the prosperity of shareholders.Increasing the value of the company to obtain business sustainability can be done by implementing CSR activities.This study aims to analyze the effect of Corporate Social Responsibility (CSR) as measured using the CSR Index on firm value, as well as the effect of capital structure as measured using the Debt to Equity Ratio (DER) on firm value. The object of research is industrial sector companies listed on the Indonesia Stock Exchange (IDX). The population in this study consisted of 66 industrial sector companies listed on the IDX. The research sample amounted to 8 companies selected using purposive sampling method. With an observation period of 5 years, a total sample of 40 was obtained. The data used is secondary data obtained from annual reports and company sustainability reports. The results showed that Corporate Social Responsibility (CSR) measured using the CSR Index has no effect on firm value. Meanwhile, the capital structure measured using the Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR) has a significant positive effect on firm value. Keywords: Corporate Social Responsibility, Capital Structure, Firm Value, Quantitative
Fields of Study & Subjects
Financial Analysis and Corporate Governance
Corporate Social Responsibility Disclosure
Corporate Governance and Financial Management
Publication details
- Journal / source
- Jurnal Bisnis Kompetitif
- Volume
- 4
- Issue
- 3
- Pages
- 420–431
- Publication date
- 2 January 2026