WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUE Cover Image

WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUE
WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUE

Author(s): Minda Muliana Sebayang, Mas’ut, Mas’ut,
Subject(s): Business Economy / Management
Published by: Research Publishing SRL
Keywords: Corporate Social Responsibility; Managerial Ownership; Institutional Ownership; Capital Structure; Firm Value;

Summary/Abstract: The aim of this study was to determine the role of Corporate Social Responsibility (CSR), managerial ownership, institutional ownership and capital structure on firm value of manufacturing companies listed in the Indonesia Stock Exchange (IDX) in 2016-2019. The research used panel data and multiple regression analysis to test the hypotheses. The results showed that partially Corporate Social Responsibility and managerial ownership have a significant effect on firm value. In contrast, institutional ownership and capital structure have no significant effect on firm value. Simultaneously, Corporate Social Responsibility (CSR), managerial ownership, institutional ownership and capital structure have a significant effect on firm value. The magnitude of the coefficient of determination is 9.2% and the remain is 90.8%. The conclusion shows that partially Corporate Social Responsibility (CSR) and managerial ownership significantly influence the firm value.

  • Issue Year: 7/2021
  • Issue No: 2
  • Page Range: 13-24
  • Page Count: 12
  • Language: English