Revealing the Impact of Internal Factors and Corporate Social Responsibility Disclosure on Firm Value with Profitability Mediation


Authors : Agus Taufik; Bambang Santoso Marsoem

Volume/Issue : Volume 8 - 2023, Issue 8 - August

Google Scholar : https://bit.ly/3TmGbDi

Scribd : https://tinyurl.com/42hmewjd

DOI : https://doi.org/10.5281/zenodo.8275929

Abstract : This study aims to determine the effect of liquidity, capital structure, firm size and CSR disclosure on firm value with profitability as an intervening variable in oil palm plantation companies listed on the Indonesia Stock Exchange. This type of research is quantitative research with secondary data. The research sample consisted of 13 oil palm plantation companies listed on the Indonesia Stock Exchange in 2014-2021 and selected by purposive sampling. The method used in this research is regression analysis with path analysis with the help of SPSS 27 software. The results showed that liquidity, firm size and CSR disclosure had a positive and significant effect on profitability, capital structure had a negative and significant effect on profitability, profitability and capital structure had a positive and significant effect on firm value, liquidity, firm size and CSR disclosure had no effect on firm value, profitability was able to mediate the effect of liquidity and CSR disclosure on firm value, profitability was unable to mediate the effect of capital structure and firm size on firm value.

Keywords : Liquidity; Capital Structure; Firm Size; CSR Disclosure; Profitability and Firm Value.

This study aims to determine the effect of liquidity, capital structure, firm size and CSR disclosure on firm value with profitability as an intervening variable in oil palm plantation companies listed on the Indonesia Stock Exchange. This type of research is quantitative research with secondary data. The research sample consisted of 13 oil palm plantation companies listed on the Indonesia Stock Exchange in 2014-2021 and selected by purposive sampling. The method used in this research is regression analysis with path analysis with the help of SPSS 27 software. The results showed that liquidity, firm size and CSR disclosure had a positive and significant effect on profitability, capital structure had a negative and significant effect on profitability, profitability and capital structure had a positive and significant effect on firm value, liquidity, firm size and CSR disclosure had no effect on firm value, profitability was able to mediate the effect of liquidity and CSR disclosure on firm value, profitability was unable to mediate the effect of capital structure and firm size on firm value.

Keywords : Liquidity; Capital Structure; Firm Size; CSR Disclosure; Profitability and Firm Value.

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