Maulinda, Venny
Asosiasi Dosen Akuntansi Indonesia

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EFFECT OF CORPORATE SOCIAL RESPONSIBILITY, LEVERAGE, FIRM SIZE AND PROFITABILITY ON FIRM VALUE IN TEXTILE AND GARMENT INDUSTRY SUBSECTOR COMPANIES LISTED IN INDONESIA STOCK EXCHANGE IN 2014-2016 Maulinda, Venny
International Journal of Public Budgeting, Accounting and Finance Vol 2 No 2 (2019): Journal of Public Budgeting, Accounting and Finance
Publisher : Asosiasi Dosen Akuntansi Indonesia

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Abstract

This study aims to analyse the factors that influence firm value in the textile and garment industry sub-sector companies listed on the Indonesia Stock Exchange (IDX) in 2014-2016. The independent variables in this study are disclosure of Corporate Social Responsibility (CSR), leverage, firm size and profitability. While the dependent variable is firm value. This research is causal associative research. The population of this study were 18 companies which are textile and garment companies. The sampling technique used was purposive sampling with a total of 39 observations (13 companies x 3 years). The data analysis method used is panel regression analysis with the Eviews program. Based on the results of data analysis shows that partially, leverage (DER) and company size negatively affect firm value, while disclosure of CSR and profitability does not affect firm value. Simultaneously, disclosure of CSR, leverage, firm size and profitability jointly influence the firm value.