Corporate Social Responsibility, Intellectual Capital, and Leverage on Firm Value With Profitability as a Moderating Variable
Corporate Social Responsibility, Intellectual Capital, dan Leverage terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Moderasi
DOI:
https://doi.org/10.21070/ups.4673Keywords:
Corporate Social Responsibility, Intellectual Capital, Leverage, Firm Value, ProfitabilityAbstract
The rise in stock prices indicates that a company has promising future prospects, thereby boosting its perceived value among investors. The aim of this research is to determine the role of profitability in moderating the relationship between corporate social responsibility, intellectual capital and leverage on firm value. The population of this study used mining sector companies listed on the Indonesia Stock Exchange in 2018-2022 with sampling using a purposive sampling technique so that 75 data were obtained from 15 companies. This research method is quantitative research with data analysis techniques, namely multiple regression analysis and moderated regression analysis (MRA). The results of this research show that corporate social responsibility has an effect on firm value, intellectual capital and leverage have no effect on firm value. Profitability is not able to moderate corporate social responsibility on firm value, but profitability is able to moderate intellectual capital and leverage on firm value.
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