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Factors Influencing Corporate Philanthropy Value


Faktor – Faktor Yang Mempengaruhi Nilai Filantropi Perusahaan

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DOI:

https://doi.org/10.21070/ups.918

Keywords:

Profitability, Foreign Ownership, Presence of Women on The Board of Directors, Philanthropy

Abstract

Companies can be said to be serious in contributing to social problems, as reflected in a company's policy in spending funds for philanthropic activities. The purpose of this study is to determine the effect of profitability, foreign ownership, and the presence of women on the board of directors on the company's philanthropic value. This research was conducted at the Indonesia Stock Exchange (IDX) for the period 2016 – 2021. The samples in this study used all manufacturing companies listed on the Indonesia Stock Exchange which obtained 102 samples using the purposive sampling method, where the samples taken were based on predetermined criteria. Data collection in this study used secondary data and the analysis technique used was multiple linear regression. The results of this study indicate that profitability affects corporate philanthropic value, while foreign ownership and the presence of women on the board of directors also affect corporate philanthropic value.

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