PENGARUH CORPORATE SOCIAL RESPONSIBILITY, CURRENT RATIO, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

Lusy; Jonathan Donny Felix

Authors

Lusy Universitas Katolik Darma Cendika
Jonathan Donny Felix Fakultas Ekonomi, Universitas Katolik Darma Cendika,Indonesia

Keywords:

Corporate Social Responsibility, Current Ratio, Profitability

Abstract

This study aims to identify and analyze the effect of corporate social responsibility, current ratio, and profitability on the value of manufacturing companies in the consumer goods industry sector which are listed on the Indonesian stock exchange in 2019-2020. The research method used is a quantitative method. Quantitative research methods can be interpreted as a method on the population. This research is usually used to examine certain populations or samples, collecting data using research instruments. The population or subjects in this study are companies in the consumer goods industry sector with a total population of 60 companies listed on the Indonesia Stock Exchange.

The sampling technique used is saturated sampling. The variables tested are corporate social responsibility (X1), current ratio (X2), and profitability (X3) as independent variables and Tobin's Q (Y) as the dependent variable. The data will be analyzed through descriptive statistical analysis, model feasibility test, classical assumption test, multiple linear regression analysis, and the coefficient of determination. While testing the hypothesis used is the t test statistical method with IBM SPSS 26 Software.

The results showed that the results of the due diligence model of corporate social responsibility, current ratio, and profitability variables affected Tobin's Q with a value of 0.000 or less than 0.05. The results of the t-test, for corporate social responsibility variables affect Tobin's Q with a significance value of 0.000 < 0.05. The current ratio variable has an effect on Tobin's Q with a value of 0.011 < 0.05. The profitability variable has an effect on Tobin's Q with a value of 0.045 < 0.05. The results of the coefficient of determination give results for corporate social responsibility, current ratio, and profitability which have an effect of 0.35 on Tobin's Q, thus indicating that 39% are influenced by corporate social responsibility, current ratio, and profitability, while the remaining 61% is explained by independent variables. others were not included in this study.

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