PENGARUH CSR, PROFITABILITAS TERHADAP NILAI PERUSAHAAN (STUDI: PERUSAHAAN MAKANAN MINUMAN DI BEI TAHUN 2018-2022)

Delvia Zulianda, Defia Riski

Abstract


Every business must ensure the sustainability of the company's survival, and one of the efforts that can be made is to strive to increase the company's value to sustain and grow. The value of a company can be determined through Corporate Social Responsibility (CSR) and Profitability factors. This study aims to determine the influence of CSR and profitability on the value of the company. Study: Food and Beverage Companies in the Indonesia Stock Exchange (BEI) for the years 2018-2022. This research is a quantitative descriptive study. The population in this study is food and beverage companies listed on the Indonesia Stock Exchange for the years 2018-2022. The data used is secondary data obtained from the official BEI website. Data analysis was conducted using the panel data regression method with the assistance of Eviews 12 software. The results of the study show that CSR has a positive effect on the value of the company because companies are able to manage their social responsibilities effectively. Meanwhile, profitability also has a positive effect on the value of the company because companies can generate net profit from sales with well-managed operational costs, ultimately increasing the value of the company.

Keywords


CSR, Profitability, Company value

Full Text:

PDF

References


Alfiadin, A., & Susilo, D. E. (2022). The Influence Of Corporate Social Responsibility, Profitability, Capital Structure On Company Value. Governors, 1(2), 82-89.

Aprilawati, N. I., & Ali, K. (2022). The Influence of Profitability and Dividend Policy on Corporate Value (in Manufacturing Companies Listed on the IDX). Journal of Diversification Management, 2(1), 182-189.

Azeharie, K. (2020). Food and Beverage is a Government Priority. Majoo.id. Retrieved October 10, 2023, from https://majoo.id/solusi/detail/food-and-beverage

Bayu, D. J. (2021). Resilience of the Food and Beverage Industry in the Covid-19 Pandemic Era. Katadata.co.id. Retrieved December 23, 2023, from https://katadata.co.id/ariayudhistira/analisisdata/6108e72a74512/daya-tahan-industri-makanan-dan-minuman-di-masa-pandemi-covid-19

Brigham, E. F., & Houston, J. (2018). Fundamentals of Financial Management (14th ed.). Salemba Empat.

Indonesia Stock Exchange Annual Financial Reports for the years 2018, 2019, 2020, 2021, and 2022 (accessed at https://www.idx.co.id)

Dewi, S. (2021). Financial Leverage Analysis, Profitability, Capital Structure, and Dividend Policy on Company Value with Inflation Rate as a Moderating Variable (An Empirical Study on Consumer Goods Industry Companies Listed on the Indonesia Stock Exchange Period 2018-2020) (Doctoral dissertation, Indonesian College of Economics).

Dmytriyev, S. D., & Freeman, R. E. (Eds.). (2023). R. Edward Freeman’s Selected Works on Stakeholder Theory and Business Ethics. Cham: Springer International Publishing.

Hidayat, D. F. N., & Farida, F. (2021, October). The Influence of Corporate Social Responsibility Disclosure, Good Corporate Governance, Profitability, and Company Size on Company Value. In UMMagelang Conference Series (pp. 748-764).

Ministry of Industry, Republic of Indonesia. (2018). Ministry of Industry: Food and Beverage Industry Becomes a Champion Sector. Ministry of Industry of the Republic of Indonesia.

Khofifah, D. N., Meiriasari, V., & Pebriani, R. A. (2022). The Influence of Corporate Social Responsibility (CSR), Company Size, and Profitability on Company Value (Study on Consumer Goods Manufacturing Companies Listed on the Indonesia Stock Exchange 2017-2019). Journal of Business, Management, and Economics, 3(1), 17-25.

Muharramah, R., & Hakim, M. Z. (2021, June). The Influence of Company Size, Leverage, and Profitability on Company Value. In National Seminar on Economics and Business Proceedings (pp. 569-576).

Puranamasari, A. (2022). Pengaruh Corporate Social Responsibility Terhadap Nilai Perusahaan Dengan Return on Assets Sebagai Variabel Moderasi (Pada Perusahaan Manufaktur Sub Sektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Tahun 2017-2020). InoVasi, 26, 3149-3170.

Rachmadan, S., Askandar, N. S., & Junaidi. (2021). The Influence of Interest and Online Learning on the Level of Understanding of Introductory Accounting Courses (Study on College Students in Malang City). E-Journal of Accounting Research, 10(08).

Sofia, E. N., & Akhmadi, A. (2018). The Influence of Profitability and Company Size on Company Value with Debt Policy as an Intervening Variable. Tirtayasa Economics, 13(1), 184-212.

Sondakh, R., & Morasa, J. (2019). Science and Technology Measuring Company Value in the Capital Market of Companies Listed on the Indonesia Stock Exchange. Journal of Science and Technology Accounting for Society, 3(1).

Republic of Indonesia. (2007). Law No. 40 of 2007 concerning Limited Liability Companies.

Wahyuni, S. F. (2018). The Influence of Corporate Social Responsibility on Company Value with Profitability as a Moderating Variable. Maneggio: Journal of Master of Management, 1(1), 109-117.

Wiranata, L. E. S., Sasanti, E. E., & Hudaya, R. (2023). The Influence of Corporate Social Responsibility, Profitability, and Liquidity on Company Value from 2017-2021. Journal of Student Research in Accounting, 3(2), 19-31.




DOI: https://doi.org/10.31932/jpe.v9i1.3334

Article Metrics

Abstract view : 236 times
PDF - 142 times

Refbacks

  • There are currently no refbacks.


Lisensi Creative Commons
This work is licensed under Lisensi Internasional Creative Commons Attribution-ShareAlike 4.0 .