| Summary: | This study aims to investigate the impact of Corporate Social Responsibility (CSR) and Ownership Structure on Firm Value, with Financial Performance serving as a mediating factor. The research sample comprises manufacturing companies publicly listed on the Indonesia Stock Exchange during the period of 2018–2022. This study adopts an explanatory research approach. The data analysis methods employed include financial ratio analysis, descriptive analysis, and inferential analysis. For inferential statistical analysis, the study utilizes Warp Partial Least Square (WarpPLS).The research findings reveal that Corporate Social Responsibility significantly affects Firm Value but does not have a significant impact on Financial Performance. These results provide empirical support for the legitimacy theory and signaling theory, highlighting the importance of CSR disclosure. Companies that engage more in CSR activities tend to enhance their image or value in the long term. Additionally, the study finds that Ownership Structure significantly influences both Financial Performance and Firm Value. Financial Performance, in turn, has a significant effect on Firm Value. These findings empirically demonstrate that Ownership Structure serves as an effective mechanism for controlling and monitoring managers.
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