WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUE
The aim of this study was to determine the role of Corporate Social Responsibility (CSR), managerial ownership, institutional ownership and capital structure on firm value of manufacturing companies listed in the Indonesia Stock Exchange (IDX) in 2016-2019. The research used panel data and multiple...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Research Publishing SRL
2021-11-01
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| Series: | Junior Scientific Researcher |
| Subjects: | |
| Online Access: | https://www.jsrpublishing.com/userfiles/files/archive_pages/116/Article_Minda_Muliana_Sebayang_Vol.VII.No.2_2021_JSR_Journal.pdf |
| _version_ | 1811246155373215744 |
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| author | Minda Muliana Sebayang Mas’ut |
| author_facet | Minda Muliana Sebayang Mas’ut |
| author_sort | Minda Muliana Sebayang |
| collection | DOAJ |
| description | The aim of this study was to determine the role of Corporate Social Responsibility (CSR), managerial ownership, institutional ownership and capital structure on firm value of manufacturing companies listed in the Indonesia Stock Exchange (IDX) in 2016-2019. The research used panel data and multiple regression analysis to test the hypotheses. The results showed that partially Corporate Social Responsibility and managerial ownership have a significant effect on firm value. In contrast, institutional ownership and capital structure have no significant effect on firm value. Simultaneously, Corporate Social Responsibility (CSR), managerial ownership, institutional ownership and capital structure have a significant effect on firm value. The magnitude of the coefficient of determination is 9.2% and the remain is 90.8%. The conclusion shows that partially Corporate Social Responsibility (CSR) and managerial ownership significantly influence the firm value. |
| first_indexed | 2024-04-12T14:49:36Z |
| format | Article |
| id | doaj.art-34219e6345184f99a65ed0ba6b62c6d5 |
| institution | Directory Open Access Journal |
| issn | 2458-0341 |
| language | English |
| last_indexed | 2024-04-12T14:49:36Z |
| publishDate | 2021-11-01 |
| publisher | Research Publishing SRL |
| record_format | Article |
| series | Junior Scientific Researcher |
| spelling | doaj.art-34219e6345184f99a65ed0ba6b62c6d52022-12-22T03:28:29ZengResearch Publishing SRLJunior Scientific Researcher2458-03412021-11-01721324WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUEMinda Muliana Sebayang0Mas’ut1Universitas Medan Area, IndonesiaUniversitas Islam Sumatera Utara, IndonesiaThe aim of this study was to determine the role of Corporate Social Responsibility (CSR), managerial ownership, institutional ownership and capital structure on firm value of manufacturing companies listed in the Indonesia Stock Exchange (IDX) in 2016-2019. The research used panel data and multiple regression analysis to test the hypotheses. The results showed that partially Corporate Social Responsibility and managerial ownership have a significant effect on firm value. In contrast, institutional ownership and capital structure have no significant effect on firm value. Simultaneously, Corporate Social Responsibility (CSR), managerial ownership, institutional ownership and capital structure have a significant effect on firm value. The magnitude of the coefficient of determination is 9.2% and the remain is 90.8%. The conclusion shows that partially Corporate Social Responsibility (CSR) and managerial ownership significantly influence the firm value.https://www.jsrpublishing.com/userfiles/files/archive_pages/116/Article_Minda_Muliana_Sebayang_Vol.VII.No.2_2021_JSR_Journal.pdfcorporate social responsibilitymanagerial ownershipinstitutional ownershipcapital structurefirm value |
| spellingShingle | Minda Muliana Sebayang Mas’ut WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUE Junior Scientific Researcher corporate social responsibility managerial ownership institutional ownership capital structure firm value |
| title | WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUE |
| title_full | WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUE |
| title_fullStr | WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUE |
| title_full_unstemmed | WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUE |
| title_short | WHEREBY THE CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND CAPITAL STRUCTURE REACT TO THE ENTERPRISE VALUE |
| title_sort | whereby the corporate social responsibility good corporate governance and capital structure react to the enterprise value |
| topic | corporate social responsibility managerial ownership institutional ownership capital structure firm value |
| url | https://www.jsrpublishing.com/userfiles/files/archive_pages/116/Article_Minda_Muliana_Sebayang_Vol.VII.No.2_2021_JSR_Journal.pdf |
| work_keys_str_mv | AT mindamulianasebayang wherebythecorporatesocialresponsibilitygoodcorporategovernanceandcapitalstructurereacttotheenterprisevalue AT masut wherebythecorporatesocialresponsibilitygoodcorporategovernanceandcapitalstructurereacttotheenterprisevalue |