PENGARUH RASIO PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN MANUFAKTUR YANG TERDATAR DI BURSA EFEK INDONESIA
Daftar Isi:
- The purpose of this study is to determine the effect of profitability ratio variable on firm value with Corporate Social Responsibility (CSR) as moderating variable. Samples of this study are 20 manufacturing companies listed in Indonesia Stock Exchange 2009-2012. Profitability ratio measured by Return On Equity (ROE), firm value measured by Price to Book Value (PBV) and Corporate Social Responsibility measured by CSR index. Data was processed by multiple regression analysis. The result show Return On Equity (ROE) has a significant positive impact on firm value. The result also show that Corporate Social Responsibility (CSR) can’t moderate the effect of Return On Equity (ROE) on firm value. Keyword : Profitability Ratio, Return On Equity, Corporate Social Responsibility, Firm Value