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PENGARUH CORPORATE SOCIAL RENSPONSIBILITY DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN SEKTOR INDUSTRIAL YANG TERDAFTAR DI BURSA EFEK INDONESIA

Authors

  • Puspita Mawaddah Universitas Riau
  • Ruzikna Ruzikna Universitas Riau

DOI:

https://doi.org/10.35446/bisniskompetif.v4i3.2360

Keywords:

Corporate Social Responsibility, Capital Structure, Firm Value, Quantitative

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

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Published

2026-01-02

Versions

Issue

Vol. 4 No. 3 (2025): aktor Penentu Minat Pembelian, Kinerja Karyawan, dan Pengelolaan Hubungan Pelanggan UMKM

Section

Articles