PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN (FIRM VALUE)

Abstract

 This study is a development of prior research on corporate social responsibility and corporate governance that could affect corporate value, the discovery of value in manufacturing companies that continued to decline in the years from 2017-2021 was an initial problem. The purpose of this study was to determine the influence of corporate social responsibility (responsible behavior and irresponsible behavior) and corporate governance on firm value. This study is included in the quantitative research type with annual reports of manufacturing companies as data and information. The number of tested samples was 56 calculated based on the fixed effect and taken using the purposive sampling method. Statistical analysis used in this study includes descriptive statistical analysis, panel data regression analysis, regression model selection methods, classical assumption tests, and hypothesis testing. The results of this study show that: (1) Corporate Social Responsibility with a Responsible Behaviour proxy has a negative and significant impact on Firm Value, (2) Corporate Social Responsibility with an Irresponsible Behaviour proxy has a negative and significant impact on Firm Value, and (2) Corporate Social Responsibility with an Irresponsible Behaviour proxy has a positive and significant impact on Firm Value. (3) Corporate Governance has no effect on Firm Value