FAKTOR-FAKTOR YANG MEMENGARUHI NILAI PERUSAHAAN DENGAN MODERASI CORPORATE SOCIAL RESPONSIBILITY
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Abstract
The purpose of this study is to examine the effect of financial performance, managerial
ownership, and board of independent commissioners on firm value by using corporate
social responsibility as moderating variable. This study uses 168 data samples from
manufacturing companies listed in Indonesia Stock Exchange during the period of 2017-
2020 and Eviews 12 for data processing. The result of this study show that financial
performance have positive effect on firm value, managerial ownership have negative effect
on firm value, and board of independent commissioners have positive and no effect on firm
value. In addition, corporate social responsibility is able to moderate the relationship
between financial performance and managerial ownership on firm value while it can not
moderate the relationship between board of independent commissioners on firm value.
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