PENGARUH PROFITABILITAS DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP NILAI PERUSAHAAN PADA PT JAYA KONSTRUKSI MANGGALA PRATAMA, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

The Purpose of this research is to describe profitability, corporate social responsibility and firm value and to know influence of profitability and corporate social responsibility to firm value at PT Jaya Konstruksi Manggala Pratama, Tbk listed in Indonesia Stock Exchange. The research was using qualitative and quantitative desriptive analysis. The data collection was using documentation. The analysis techniques used are multiple linear regression, correlation coeffient, coefficient of determination, F test and t test.The result of the research are 1. The average of profitability (return on assets) tends to increase, the average of corporate social responsibility (NH Approach) tends to increase, and the average of firm value (price to book value) tends to incrase. 2. The results of multiple linier regression is known that profitability has a negative effect, while corporate social responsibility has a positive effect on the firm value. 3. The results of the analysis of the correlation coefficient and correlation of determination can be concluded that the relationship between profitability and corporate social responsibility to firm value is very high and only a few are influenced by other variables not explained in this study. 4. The results of testing hypotheses can be concluded that profitability has a significant negative effect and corporate social responsibility has a significant positive effect on firm value.As for suggestions from this research are important for the company to maintain the stability of return on assets, NH Approach and price to book valueKeywords: Profitability, Corporate Social Responsibility, and Firm Value

The Effect of Enterprise Risk Management Disclosure, Corporate Social Responsibility Disclosure, and Profitability on the Value of Manufacturing Companies Listed on the Idx for the Year 2019-2020

“…Value according to Andriani et al (2019), is defined as the fair value of the company which describes the perceptions of investors about the related company. The value of the company reflects the conditions that have been achieved by the company which illustrates the public's trust in the company from the beginning of the company being built until now (Mariani & Suryani, 2018).…”

“…Profitability is one of the variables that can affect firm value. According to Andriani et al (2019), Profitability shows the net profit that can be achieved by the company during its operating life. Profitability illustrates that the company earns a profit, the higher the level of profitability obtained, the value of the company will continue to increase so that it gives a signal to investors about the company's good performance (Rivandi & Septiano, 2021).…”

“…Profitability illustrates that the company earns a profit, the higher the level of profitability obtained, the value of the company will continue to increase so that it gives a signal to investors about the company's good performance (Rivandi & Septiano, 2021). Profitability has a very important role for companies to improve the quality of company value (Andriani et al, 2019). The higher the level of profitability, the higher the value of the company, and vice versa.…”

“…There are several things that are quite easy and are commonly used by new investors to analyze a company, namely by analyzing the company's performance both in terms of financial and nonfinancial. Therefore, a company is required to be able to maximize its performance, especially in increasing the value of the company (Andriani et al, 2019). In today's increasingly competitive business industry, companies are increasingly required to seek to increase shareholder wealth by maximizing company value (Emar & Ayem, 2020).…”

“…Company value can be one of the keys for investors to assess the success of the company which can be related to stock prices. Maximizing the value of the company is considered important because this means that the main goal of the company goes according to plan, namely maximizing the prosperity of shareholders (Andriani et al, 2019). The company's long-term goal that should be achieved is to increase the value of the company (Pohan et al, 2018).…”