Institusion
Universitas Islam Negeri Sunan Kalijaga
Author
AFILILA ASTUTI, NIM. 12390027
Subject
Keuangan Syariah
Datestamp
2016-08-04 04:27:39
Abstract :
CSR have been widely applied by public companies in Indonesia. The
company has disclosure CSR practices in its annual report although relatively
simple. CSR is the company's commitment to contribute to the sustainable
economic development in the attention to corporate social responsibility and
focuses on the balance between attention to economic, social, and environmental.
This study aims to find empirical evidence about the effect of CSR on firm
value with managerial ownership as a moderating variable. The sample in this
study were taken by using purposive sampling method and obtained 13 samples of
chemical and basic industry companies listed on ISSI. The period used in the
study is 4 years ie from 2011 to 2014. The analytical method used is panel data
regression with Resgression Moderated Analysis (MRA).
The results of simultaneously test showed that CSR and managerial
ownership as a moderating have significant positive effect on firm value. While
the partial test showed that only CSR variables that influence the firm value.
Managerial ownership as a moderating variable can not strenghten the effect of
CSR on firm value. This is because Corporate Social Responsibility is a
compulsion that must be held by the company.