PENGARUH CSR, PROFITABILITAS, DAN TATA KELOLA TERHADAP NILAI PERUSAHAAN PERTAMBANGAN DI BEI

Fahrozi Fahrozi (Universitas Negeri Medan)
Muhammad Rizal (Universitas Negeri Medan)

JOURNAL OF SCIENCE AND SOCIAL RESEARCH
Vol. 9 No. 5 (2026): October (2026)

Abstract: This study aims to examine the effect of Corporate Social Responsibility (CSR), profitability, and corporate governance on the firm value of mining sector companies listed on the IDX for the 2023-2025 period. The quantitative causality method is used with secondary data from annual and financial reports. Purposive sampling yielded 63 observations from 28 companies. Independent variables were measured using the GRI G4 standard CSRDI, Return on Assets (ROA), and the proportion of independent commissioners, while firm value is proxied by Price to Book Value (PBV). Data analysis utilized multiple linear regression. The results show profitability has a significant positive effect on firm value. Conversely, CSR and corporate governance have no significant effect. Simultaneous testing proves the three variables together have a significant effect with an Adjusted R Square of 24.5%. The conclusion affirms that mining sector investors prioritize profitability over non-financial indicators. Keyword: corporate social responsibility; profitability; corporate governance; firm value; mining   Abstrak: Penelitian ini bertujuan menguji pengaruh Corporate Social Responsibility (CSR), profitabilitas, serta tata kelola perusahaan terhadap nilai perusahaan sektor pertambangan terdaftar di BEI periode 2023-2025. Metode kuantitatif kausalitas digunakan dengan data sekunder berupa laporan tahunan dan keuangan. Pengambilan sampel dengan purposive sampling menghasilkan 63 observasi dari 28 perusahaan. Variabel independen diukur dengan CSRDI standar GRI G4, Return on Assets (ROA), serta proporsi komisaris independen, sedangkan nilai perusahaan diproksikan dengan Price to Book Value (PBV). Analisis data menggunakan regresi linear berganda SPSS. Hasil uji menunjukkan profitabilitas berpengaruh positif signifikan terhadap nilai perusahaan. Sebaliknya, CSR serta tata kelola perusahaan tidak berpengaruh signifikan. Pengujian simultan membuktikan ketiga variabel secara bersama-sama berpengaruh signifikan dengan Adjusted R Square 24,5%. Kesimpulan penelitian menegaskan investor sektor pertambangan lebih mengutamakan rasio profitabilitas dibandingkan indikator non-keuangan. Kata kunci: corporate social responsibility; profitabilitas; tata kelola perusahaan; nilai perusahaan; sektor pertambangan.