Pengaruh Profitabilitas terhadap Nilai Perusahaan dengan Corporate Social Responsibility sebagai Variabel Mediasi

Chandra Dwi Setyawan; Imam  Ghozali

doi:10.33395/owner.v9i2.2655

Authors

Chandra Dwi Setyawan Program Magister Akuntansi Universitas Diponegoro, Semarang
Imam Ghozali Program Magister Akuntansi Universitas Diponegoro, Semarang

DOI:

10.33395/owner.v9i2.2655

Keywords:

corporate social responsibility, nilai perusahaan, perusahaan pertambangan, profitabilitas

Abstract

This study examines the relationship between profitability and firm value with corporate social responsibility (CSR) as a mediating variable. Using purposive sampling, 116 mining companies listed on the Indonesia Stock Exchange (IDX) during 2022-2023 were selected as research samples based on the availability of sustainability reports and annual reports. This study employs multiple linear regression analysis to test the relationships among variables and uses the Sobel test to examine the mediating effect of CSR between independent and dependent variables. The results show that profitability has a positive and significant effect on firm value, CSR has a positive and significant effect on firm value, profitability has a positive and significant effect on CSR, and CSR mediates the relationship between profitability and firm value. In conclusion, although CSR plays a positive mediating role in enhancing firm value, companies need to develop a more serious commitment to CSR implementation to increase public trust and send positive signals to stakeholders.

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