Corporate value is the main goal of every company. This study examines the relationship of liquidity, profitability, and capital structure to firm value and uses Corporate Social Responsibility as a moderating variable. Liquidity was measured using the Current Ratio, profitability was measured using Return On Assets, capital structure was measured using the Debt to Equity Ratio, firm value was measured using Tobin’s Q and CSR using the G4 version of the CSR Global Reporting Initiative indicator. The observation data in this study were 240 data from non-primary consumer companies listed on the Indonesia Stock Exchange in 2010-2019. This study uses secondary data from S&P Capital IQ and company financial statements. The results of this study indicate that liquidity has a positive direction but has no significant effect on firm value, profitability has a positive direction and has a significant effect on firm value, capital structure has a negative direction but has a significant effect on firm value, CSR as a moderating variable weakens the negative relationship between liquidity and firm value. firm value, CSR as a moderating variable weakens the positive relationship between profitability and firm value, and CSR as a moderating variable strengthens the positive relationship between capital structure and firm value
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.