CHABACHIB, Mochammad and FITRIANA, Tyana Ulfa and HERSUGONDO, Hersugondo and PAMUNGKAS, Imang Dapit and UDIN, Udin (2019) Firm Value Improvement Strategy, Corporate Social Responsibility, and Institutional Ownership. International Journal of Financial Research, 10 (4). pp. 152-163. ISSN 1923-4023
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Abstract
The study is intended to appraise return on assets (ROA), debt/equity ratio (DER), and firm size (SIZE) on price-to-book-value (PBV) with corporate social responsibility as an intervening variable and institutional proprietorship as a moderating variable. By using purposive sampling, 267 manufacturing companies are determined from the Indonesia Stock Exchange in the period of 2013-2017. Data are analyzed using multiple and bivariate regression analysis. The results show that ROA and firm size have a positive effect on corporate society awareness, while DER has no significant effect respectively. Profit gain, firm scope, and corporate social responsibility have a positive effect on firm utility. It came into a conclusion that corporate social awareness can be used to mediate the influence on leverage and firm scope toward the firm value, but cannot be used to mediate the effect of profit gain on firm utility.
Item Type: | Article |
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Additional Information: | firm value, corporate social responsibility, institutional ownership |
Uncontrolled Keywords: | firm value, corporate social responsibility, institutional ownership |
Subjects: | Undip Formal Documents |
Divisions: | Faculty of Economics and Business > Master Program in Management |
Depositing User: | FAKULTAS FEB |
Date Deposited: | 10 May 2020 05:33 |
Last Modified: | 10 May 2020 05:49 |
URI: | https://eprints2.undip.ac.id/id/eprint/2166 |
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