Vokasi: Jurnal Riset Akuntansi
Vol. 14 No. 2 (2025): Vokasi: Jurnal Riset Akuntansi

PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN TEKNOLOGI DI BEI DENGAN CSR SEBAGAI VARIABEL MODERASI

Kadek Dandy Arta Dhana (Unknown)
I Gede Agus Pertama Yudantara (Unknown)



Article Info

Publish Date
19 Sep 2025

Abstract

This study aims to examine the effect of financial performance on stock prices, moderated by Corporate Social Responsibility. Financial performance is measured using the Current Ratio, Return on Equity, and Debt to Assets Ratio. This research is motivated by the phenomenon of stock price movements that are not aligned with financial performance and the role of CSR in shaping investor perceptions. A quantitative approach was applied using secondary data from annual reports of technology companies listed on the Indonesia Stock Exchange from 2020 to 2023. The sample was selected using purposive sampling, resulting in 17 companies as research subjects. Data were analyzed using multiple linear regression and moderating regression analysis. The research findings are as follows (1) CR has a negative effect on stock prices, (2) ROE has a positive effect on stock prices, (3) DAR has a positive effect on stock prices, (4) CSR weakens the effect of the CR, (5) CSR weakens the effect of the ROE on stock prices, and (6) CSR strengthens the effect of the DAR on stock prices.

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Journal Info

Abbrev

JJAKUN

Publisher

Subject

Economics, Econometrics & Finance

Description

Vokasi : Jurnal Riset Akuntansi disseminates studies in accounting to academic and professional communities, practitioners, students, and other interested parties. It publishes articles reporting the findings of accounting research from a wide range of topics including, but not limited to: - ...