PENGARUH KINERJA KEUANGAN DAN PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY (CSR) TERHADAP HARGA SAHAM (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar dalam Bursa Efek Indonesia Tahun 2013 – 2015)
Abstract
This research aims to test the effect of financial performance and corporate social responsibility disclosure (CSR) toward stock price. The financial performance in this research is measured with net profit margin (NPM), return on asset (ROA), return on equity (ROE), and debt to equity ratio (DER). The CSR disclosure in this research is measured using disclosure of CSR index based on global reporting initiative's (GRI) vers 4.0 with the total items are 91 items. The sample of this research is manufacture company listed in indonesian stock exchange in 2013-2015. This research uses dobled regression linear analysis with SPSS programme vers 15.0 as analysis aids.
The result of this research shows that variable return on asset (ROA) and debt to equity ratio (DER) give positive effect toward stock price of the company. Whereas variable of net profit margin (NPM), return on equity (ROE), and corporate social responsibility disclosure (CSR) haven't any effect toward the stock price of company.