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The Influence of Corporate Social Responsibility (CSR), Environmental Performance, and Profitability on the Value of the Company

Journal: THE INTERNATIONAL JOURNAL OF BUSINESS MANAGEMENT AND TECHNOLOGY (Vol.4, No. 6)

Publication Date:

Authors : ;

Page : 07-53

Keywords : corporate social responsibility; environmental performance; profitability; company value.;

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Abstract

This study aims to determine the effect of corporate social responsibility, environmental performance, and profitability on firm value. The research period used was 2016-2018. The study uses the concept of Elkington (1997) which mentions three basic points for company sustainability namely environmental, social, and profit which are proxied by CSR, environmental performance, and profitability. The population in this study is companies listed in IDX 2016-2018 periods. The research sample was taken using purposive sampling method that obtained 36 company samples with 108 observational data consisting of companies in the manufacturing sector, the trade service sector and investment, the property and real estate sector, the mining sector, the agricultural sector and the infrastructure, utilities and transportation sectors, in this study using multiple regression analysis test. Based on the results of data analysis it can be concluded that: corporate social responsibility has no effect on firm value, environmental performance has a negative effect on firm value, profitability has a positive effect on firm value

Last modified: 2023-01-31 16:11:04