J-ISCAN : Journal of Islamic Accounting Research
Vol. 8 No. 1 (2026): J-ISCAN: Journal of Islamic Accounting Research

THE EFFECT OF CORPORATE SOCIAL RESPONSIBILITY AND PROFITABILITY ON THE STOCK PRICE OF THE METAL AND MINERAL SECTOR LISTED ON THE INDONESIAN STOCK EXCHANGE : PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN PROFITABILITAS TERHADAP HARGA SAHAM SEKTOR LOGAM DAN MINERAL YANG TERDAFTAR DI BEI

Ririn Safitri Nasution (Universitas Islam Negeri Syekh Ali Hasan Ahmad Addary Padangsidimpuan)
Delima Sari Lubis (Universitas Islam Negeri Syekh Ali Hasan Ahmad Addary Padangsidimpuan)
Muhammad Arif (Universitas Islam Negeri Syekh Ali Hasan Ahmad Addary Padangsidimpuan)



Article Info

Publish Date
30 Jun 2026

Abstract

This research is based on the phenomenon of increasing disclosure indicators of Corporate Social Responsibility and profitability as key indicators of financial performance in the metals and minerals sector, which is inconsistent with the decline in stock prices of metals and minerals sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021-2024 period. This study aims to examine and determine the influence of Corporate Social Responsibility and profitability on stock prices of metals and minerals sector companies listed on the IDX. This research is a quantitative study with a descriptive approach, using secondary data in the form of annual reports of metals and minerals sector companies listed on the Indonesia Stock Exchange (IDX) for the 2021-2024 period. The population in this study was 34 companies in the metal and mineral sector. The sampling method used was purposive sampling with certain criteria which resulted in a sample from a population of 17 companies. The data analysis technique used was panel data regression analysis in hypothesis testing using Eviews 9 software when processing the research data. The results of this study indicate that in the variables in the equation table, the independent variable, namely Corporate Social Responsibility, is partially <0.05 and has a positive value, which means that the Corporate Social Responsibility variable has a significant effect on the dependent variable, stock price. Meanwhile, the results of the study on the profitability variable are partially >0.05, which means that the profitability variable does not have a significant positive effect on the dependent variable, stock price. Simultaneous testing showed that the calculated F value > F table for the Corporate Social Responsibility and profitability variables, indicating that the independent variables simultaneously influence the stock price of the metals and minerals sector.

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Journal Info

Abbrev

j-iscan

Publisher

Subject

Economics, Econometrics & Finance

Description

J-ISCAN: Journal of Islamic Accounting Research is a scientific journal managed by the Islamic Accounting Study Program, Faculty of Islamic Economics and Business, IAIN Lhokseumawe. This journal publishes research results conceptually and technically related to the scope of Islamic Economics with a ...