The Influence of Return on Asset, Corporate Social Responsibility, To Company Value

1Fitri Sukmawati, Obsatar Sinaga, Djoko Roespinoedji

145 Views
38 Downloads
Abstract:

This study aims to determine how partially and simultaneously influence the Return On Asset and Corporate Social Responsibility towards the value of companies in manufacturing companies listed on the Indonesia Stock Exchange period 2016-2018. Factors tested in this research is Return On Asset and Corporate Social Responsibility as independent variable, while company value as dependent variable. The research method is descriptive method. The population in this study is a manufacturing company listed on the Indonesia Stock Exchange period 2016-2018 which total to 154 companies. Technique of sample used in this research is non probability sampling with purposive sampling method, so the number of sample is 85 company. In addition, the data analysis used in this study is multiple linear regression analysis at a significance level of 5%. The program used in analyzing data using Eviews 10. The results showed that partially and simultaneously the Return On Asset and Corporate Social Responsibility affect the value of the company. In addition, the research results also show that the magnitude of the influence of Return On Asset and Corporate Social Responsibility in contributing influence on the value of the company by 48.5%.

Keywords:

Return On Asset, Corporate Social Responsibility, and Corporate Value.

Paper Details
Month2
Year2020
Volume24
IssueIssue 2
Pages8044-8051