SENMEA
Vol. 5 No. 1 (2020): PROSIDING SEMINAR NASIONAL MANAJEMEN, EKONOMI DAN AKUNTANSI 2020

ANALISIS REGRESI MODERATING PRICE TO BOOK VALUE PERUSAHAAN YANG TERDAFTAR DI JII TAHUN 2014-2018 BERDASARKAN PROFITABILITAS DAN LEVERAGE DENGAN CORPORATE SOCIAL RESPONSIBILITY SEBAGAI PEMODERASI

Nikki Ferdiana (Universitas Nusantara PGRI Kediri)
Hestin Sri Widiawati (Universitas Nusantara PGRI Kediri)



Article Info

Publish Date
19 Sep 2020

Abstract

In a company, capital is important for the company's operating activities. For this reason, it is important for a company to attract investors to invest. The value of a company greatly influences the decision of potential investors to invest their capital. The purpose of this study was to analyze the effect of profitability and leverage on firm value with CSR as a moderating variable. In this research, firm value is proxied by Price to Book Value (PBV). In the population study selected were companies listed on the Jakarta Islamic Index (JII) in 2014-2018. The research sample was obtained using purposive sampling which was tested using Moderated Regression Analysis. Based on the results of hypothesis testing, it shows that partially Profitability (ROA) has a significant effect on Firm Value (PBV), with a significant t-test value of 0.031. Partially Leverage (DER) has a significant effect on Firm Value (PBV), with a significant t-test value of 0.012. CSR disclosure is not able to moderate the effect of Profitability on Firm Value (PBV), with a significant t-test value of 0.082. CSR disclosure is able to moderate the effect of Leverage on Firm Value (PBV), with a significant t-test value of 0.000. And simultaneously Profitability, Leverage, Profitability are moderated by CSR, and Leverage moderated by CSR has a significant effect on Firm Value (PBV), with a significant value of the f test of 0.000.

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Journal Info

Abbrev

senmea

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Prosiding ini merupakan media publikasi bagi seluruh pemakalah yang mengikuti Seminar Nasional dan Call for Paper Manajemen, Ekonomi dan Akuntansi (SENMEA). Seminar Nasional Manajemen , Ekonomi dan Akuntansi telah dilaksanakan berturut- turut sejak 2016. Adapun Prosiding SENMEA ini terbit satu kali ...