PENGARUH PROFITABILITAS DAN KINERJA LINGKUNGAN TERHADAP NILAI PERUSAHAAN DENGAN CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE SEBAGAI VARIABEL MODERASI
Abstract
The aims of this research are to know: (1) the influence positive of profitability and to firm value, (2) the influence positive of environmental performance to firm value, (3) the influence of Corporate Social Responsibility disclosure moderate the relationship of profitability to firm value, and (4) the influence of Corporate Social Responsibility disclosure moderate the relationship of environmental performance to firm value.
The population in this study are all companies listed on the Indonesia Stock Exchange (IDX) from 2014 until 2016. The sample was 69 companies by using purposive sampling method. Methods of analysis in this research is Multiple Regression Analysis and a Moderated Regression Analysis.
The results of this research show that the effect of profitability to the firm value was positive, environmental performance does not affect to firm value, CSR disclosure cannot moderate the relationship of profitability with firm value, and CSR disclosure cannot moderate the relationship of environmental performance with firm value.