International Journal of Digital Entrepreneurship and Business (IDEB)
Vol 5 No 2 (2024): International Journal of Digital Entrepreneurship and Business (IDEB)

PERANAN STRUKTUR MODAL MEMODERASI, HUBUNGAN CORPORATE SOCIAL RESPONSIBILITY DAN PERPUTARAN MODAL KERJA TERHADAP NILAI PERUSAHAAN

Fahira, Nabila Maulia (Unknown)
Sugiyanto, Sugiyanto (Unknown)



Article Info

Publish Date
17 Oct 2025

Abstract

This research is quantitative research, the data used is secondary data in the form of financial reports. This research aims to analyze the influence of corporate social responsibility (CSR) and working capital turnover on company value and look at the moderating role of capital structure in this relationship. CSR is one of the company's strategies to improve reputation and financial performance, while working capital turnover reflects the efficiency of managing current assets. Capital structure can function as a moderating variable that influences the relationship between CSR, working capital turnover, and company value. This research uses data from financial sector companies listed on the Indonesia Stock Exchange (BEI) in the 2019-2023 period. The analysis technique used is panel data regression with a moderated regression analysis (MRA) approach. The research results show that CSR has a positive effect on company value, while working capital turnover does not have a significant effect on company value. However, capital structure does not moderate the relationship between CSR and company value and the relationship between working capital turnover and company value. The results of this research provide implications for companies to pay more attention to CSR policies and working capital management in increasing company value. Additionally, investors can consider these variables in making investment decisions.

Copyrights © 2024






Journal Info

Abbrev

ideb

Publisher

Subject

Economics, Econometrics & Finance Education Environmental Science Social Sciences Other

Description

Digital entrepreneurship enables entrepreneurs to leverage digital technologies to improve their organizations. In the current business landscape, many digital entrepreneurial endeavors provide interesting case studies showing innovative paths to entrepreneurship. Digital Entrepreneurial research ...