Jurnal Manajemen
Vol 12 No 1 (2024): Jurnal Manajemen

CORPORATE SOCIAL RESPONSIBILITY AND PROFITABILITY IN CIGARETTE SUB-SECTOR COMPANIES REGISTERED ON BEI IN 2012-2021

Widy Nabila Safitri (Sriwijaya State Polytechnic)
Afrizawati Afrizawati (Sriwijaya State Polytechnic)
Keti Purnamasari (Sriwijaya State Polytechnic)



Article Info

Publish Date
31 Jan 2024

Abstract

The purpose of this research is to determine the influence of Corporate Social Responsibility (CSR) and profitability on firm value. Profitability is assessed using Return On Assets (ROA) and Return On Equity (ROE), Corporate Social Responsibility (CSR) is measured using GRI G4 with 91 disclosure category indicators while firm value is measured using Price Book Value (PBV). The purposive sampling method was used to collect samples from companies in the cigarette sub-sector listed on the Indonesia Stock Exchange from 2012 to 2021. Classical assumption tests, multiple linear regression analysis, and hypothesis testing with the t test, f test, and coefficient of determination test were used. for data analysis in this research. The results of this research indicate that Corporate Social Responsibility has no influence on Firm Value. Return on Assets has a significant positive influence on firm value. Return on Equity has a significant positive influence on firm value. Corporate Social Responsibility, Return on Assets, and Return on Equity simultaneously influence firm value. Profitability as measured by Return on Assets has a dominant influence on firm value.

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Journal Info

Abbrev

jm

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Manajemen is a scientific communication media published by the Management Study Program, Faculty of Economics, University of Palembang. The Management Journal is dedicated to researchers and academics who wish to publish research papers, technical papers, conceptual papers, and case study ...