Pengaruh Profitabilitas, Likuiditas, Leverage, dan Aktivitas terhadap Nilai Perusahaan yang Dimoderasi Corporate Social Responsibility
DOI:
https://doi.org/10.51903/jurnalmahasiswa.v5i1.584Keywords:
Activity, Corporate Social Responsibility, Corporate Value, Liquidity, Leverage, Profitability.Abstract
The purpose of this study is to analyze the effect of profitability, liquidity, leverage, activity on firm value moderated by corporate social responsibility. This study uses data collected from financial reports from the Indonesia Stock Exchange (IDX) using purposive sampling which fulfills the exploratory steps. The period used in the study was 5 years, namely 2016 to 2020 with the amount of data used being 60 samples of LQ45 index companies. The research method uses SPSS version 26 with secondary data types. The results of the study state that profitability positively affects firm value, while liquidity, leverage, and activity do not affect firm value. The results of the moderating variable state that Corporate Social Responsibility is able to moderate profitability on firm value while Corporate Social Responsibility in this study is not able to moderate liquidity, leverage, and activity on firm value.
References
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Al-Slehat, Z. A. F. (2019). Impact of Financial Leverage, Size and Assets Structure on Firm Value: Evidence from Industrial Sector, Jordan. International Business Research, 13(1), 109. https://doi.org/10.5539/ibr.v13n1p109
Astuti, D. S. P., Kristianto, D., & ... (2022). The Effect of Leverage and Company Size on Company Value Moderated by Corporate Social Responsibility (CSR)(Case Study on LQ 45 Stock Company 2017-2019 …. … Research and Critics …, 471–480. http://bircu-journal.com/index.php/birci/article/view/3635
Cont. (2020). The Effect of Profitability and Liquidity on Firm Value With Dividend Policy As Moderating Variable. 1(NeurIPS), 396–402.
Dianti, M. M., Winnarko, A. A., Fauzi, R. A., Pratama, F., & Sukmawati, F. (2020). The Effect of Return on Assets and Debt To Equity Ratio To Price To Book Value ( Study of Property and Real Estate Sub Sector Companies. Pjaee, 17(5), 1032–1039.
Fajaria, A. Z. (2018). The Effect of Profitability, Liquidity, Leverage and Firm Growth of Firm Value with its Dividend Policy as a Moderating Variable. International Journal of Managerial Studies and Research, 6(10), 55–69. https://doi.org/10.20431/2349-0349.0610005
Firdaus, Z., Suhadak, Rahayu, S. M., & Saifi, M. (2019). The Effect of Corporate Governance, Firm Size and Capital Structure on Financial Performance: a Study of State-Owned Enterprises Listed in the Indonesia Stock Exchange During Period of 2013-2016. Russian Journal of Agricultural and Socio-Economic Sciences, 9(93), 3–16. https://doi.org/10.18551/rjoas.2019-09.01
Gender and Agency in Tender is The Night , Save Me The Waltz , By Becky Ann Wagenblast a dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy Department of English August 2015 © Copyright by Becky Ann Wa. (2015). August.
Hapsoro, D., & Falih, Z. N. (2020). The Effect of Firm Size, Profitability, and Liquidity on The Firm Value Moderated by Carbon Emission Disclosure. Journal of Accounting and Investment, 21(2). https://doi.org/10.18196/jai.2102147
Hardian, A. P. (2016). FINANCIAL PERFORMANCE AND COMPANY SIZE ON VALUE COMPANIES , CSR AS A MODERATE VARIABLE Indonesian College of Economics ( STIESIA ) Surabaya. 5(9), 1–16.
Hermanto, & Hanadi, J. (2020). Analisis Pengaruh Faktor Keuangan Terhadap Pertumbuhan Laba. Jurnal Ekonomi : Jurnal of Economic, 11, 133–143.
Ibrahim, U. A. (2020). Effect of Financial Leverage on Firm Value: Evidence From Selected Firms Quoted on the Nigerian Stock Exchange. European Journal of Business and Management, 124–135. https://doi.org/10.7176/ejbm/12-3-16
Jihadi, M., Vilantika, E., Hashemi, S. M., Arifin, Z., Bachtiar, Y., & Sholichah, F. (2021). The Effect of Liquidity, Leverage, and Profitability on Firm Value: Empirical Evidence from Indonesia. Journal of Asian Finance, Economics and Business, 8(3), 423–431. https://doi.org/10.13106/jafeb.2021.vol8.no3.0423
Juhandi, N., Fahlevi, M., Abdi, M. N., & Noviantoro, R. (2019). Liquidity, Firm Size and Dividend Policy to the Value of the Firm (Study in Manufacturing Sector Companies Listed on Indonesia Stock Exchange). 100(Icoi), 313–317. https://doi.org/10.2991/icoi-19.2019.53
Kartikasari, E. D., Hermantono, A., & Mahmudah, A. (2019). Good Corporate Governance, Devidend, Leverage, and Firm Value. International Research Journal of Business Studies, 12(3), 301–311. https://doi.org/10.21632/irjbs.12.3.301-311
Kim, W. S., Park, K., & Lee, S. H. (2018). Corporate social responsibility, ownership structure, and firm value: Evidence from Korea. Sustainability (Switzerland), 10(7). https://doi.org/10.3390/su10072497
Kristi, N. M., & Yanto, H. (2020). The Effect of Financial and Non-Financial Factors on Firm Value. Accounting Analysis Journal, 9(2), 131–137. https://doi.org/10.15294/aaj.v9i2.37518
Kurnia Saputri, C., & Giovanni, A. (2021). The The Effect Of Profitability, Size And Liquidity on Firm Value in Consumer Goods Industry Listed on The Indonesia Stock Exchange (IDX). Journal of Business Management Review, 2(2), 092–106. https://doi.org/10.47153/jbmr22.902021
Kusumawati, H. W., Titisari, K. H., & Siddi, P. (2021). The Influence of Profitability , Leverage , Dividend Policy , Liquidity and Institutional Ownership on Firm Value LQ45. Journal of Indonesian Science Economic Research, 3(1), 1–8.
Leary, G. P. (2019). The Influence Of Profitability, Dividend Policy And Size Company On Company Value To The Company Manufacturers Listed On The Indonesia Stock Exchange (IDX) Period 2015-2018. Idx, 1–23.
Lestari, E. P., Astuti, D., & Abdul Basir, M. (2020). The role of internal factors in determining the firm value in Indonesia. Accounting, 6(5), 665–670. https://doi.org/10.5267/j.ac.2020.6.018
Mustamin, I., & Usman, A. (2019). The Effect of Financial Leverage on Profit Management with Managerial Ownership as Moderating. International Journal of Academic Research in Accounting, Finance and Management Sciences, 9(2), 83–91.
Nafisah, N. I., Halim, A., & Sari, A. R. (2020). Pengaruh Return on Assets (Roa), Debt To Equity Ratio(Der), Current Ratio (Cr), Return on Equity (Roe), Price Earning Ratio (Per), Total Assets Turnover (Tato), Dan Earning Per Share (Eps) Terhadap Nilai Perusahaan Manufaktur Yang Terdaftar Di Bei. Jurnal Riset Mahasiswa Akuntansi, 6(2), 1–17. https://doi.org/10.21067/jrma.v6i2.4217
Nurwulandari, A., & Wibowo, Y. (2021). Effect of Liquidity, Profitability, Firm Size on Firm Value with Capital Structure as Intervening Variable the Creative Commons Attribution 4.0 International License. Site Using OJS 3 PKP Optimized. Atestasi: Jurnal Ilmiah Akuntansi, 4(2), 257–271. https://doi.org/10.33096/atestasi.v4i2.835
Olivia Dwi Putri, M., & Gst Bgs Wiksuana, I. (2021). The effect of liquidity and profitability on firm value mediated by dividend policy. American Journal of Humanities and Social Sciences Research, 212(5), 204–212. www.ajhssr.com
Prasetya Margono, F., & Gantino, R. (2021). Influence of Firm Size, Leverage, Profitability, and Dividend Policy on Firm Value of Companies in Indonesia Stock Exchange. Copernican Journal of Finance & Accounting, 10(2), 45–61. https://doi.org/10.12775/cjfa.2021.007
Putra, B. A. I., & Sunarto, S. (2021). Pengaruh Profitabilitas, Leverage, dan Kepemilikan Manajerial Terhadap Nilai Perusahaan dengan Corporate Social Responsibility Sebagai Variabel Moderasi. Ekonomis: Journal of Economics and Business, 5(1), 149. https://doi.org/10.33087/ekonomis.v5i1.195
Restianti, T., & Agustina, L. (2018). The Effect of Financial Ratios on Financial Distress Conditions in Sub Industrial Sector Company. Accounting Analysis Journal, 7(1), 25–33. https://doi.org/10.15294/aaj.v5i3.18996
Safitri, Y., Abrar, & Budi, E. S. (2018). Peranan Corporate Social Responsibility Dalam Memoderasi Pengaruh Profitabilitas, Leverage Dan Likuiditas Terhadap Nilai Perusahaan. Journal Of Accounting Universitas Pandanaran Semarang, 1(4), 1–18.
Santosa, P. W. (2020). The moderating role of firm size on financial characteristics and islamic firm value at indonesian equity market. Business: Theory and Practice, 21(1), 391–401. https://doi.org/10.3846/btp.2020.12197
Senja Pertiwi, F. N. C. (2020). the Effect of Financial Performance on Firm Value With Corporate Social Responsibility As Moderated Variables. Economics and Business Solutions Journal, 5(1), 1. https://doi.org/10.26623/ebsj.v5i1.3327
Setiawan, D. E., & Rahmawati, I. Y. (2020). The Effect of Liquidity, Profitability, Leverage on Corporate Value with Diividend Policy and BI Rate as Moderated Variables. Economics and Business Solutions Journal, 4(1), 1.
Setiawanta, Y., Utomo, D., Ghozali, I., & Jumanto, J. (2021). Financial performance, exchange rate, and firm value: The Indonesian public companies case. Organizations and Markets in Emerging Economies, 11(22), 348–366. https://doi.org/10.15388/OMEE.2020.11.37
Siregar, I. F., Roekhudin, R., & Purwanti, L. (2018). Firm Value Predictor and the Role of Corporate Social Responsibility. Jurnal Keuangan Dan Perbankan, 22(3). https://doi.org/10.26905/jkdp.v22i3.1804
Sitanggang, D. P. L., & Chusnah, F. N. (2020). Influence of Profitability , Leverage and Managerial Ownership on Firm Value with Corporate Social Responsibility as Moderation Variable. 1–16.
Soendhika, R. B., & Wahyudi, I. (2022). Pengaruh Tarif Pajak Efektif dalam Melakukan Mediasi terhadap Pengaruh Profitabilitas dan Utang pada Perataan Laba. Al Qalam: Jurnal Ilmiah Keagamaan Dan Kemasyarakatan, 16(2), 804. https://doi.org/10.35931/aq.v16i2.954
Sondakh, R. (2019). the Effect of Dividend Policy, Liquidity, Profitability and Firm Size on Firm Value in Financial Service Sector Industries Listed in Indonesia Stock Exchange 2015-2018 Period. Accountability, 8(2), 91. https://doi.org/10.32400/ja.24760.8.2.2019.91-101
Spence. (2012). Transformational leadership in a postmodern world: The presidential election of Barack Obama. Academy of Strategic Management Journal, 11(1), 9–26.
Sutrisno, S. (2020). Corporate Governance, Profitability, and Firm Value Study on the Indonesian Sharia Stock Index. Jurnal Ekonomi Dan Bisnis Islam (Journal of Islamic Economics and Business), 6(2), 292. https://doi.org/10.20473/jebis.v6i2.23231
Tui, S., Nurnajamuddin, M., Sufri, M., & Nirwana, A. (2017). Determinants of Profitability and Firm Value: Evidence from Indonesian Banks. IRA-International Journal of Management & Social Sciences (ISSN 2455-2267), 7(1), 84. https://doi.org/10.21013/jmss.v7.n1.p10
Wahyudi, I., & Fitriah, N. (2021). Pengaruh Aset Tidak Berwujud, Ukuran Perusahaan, Kepatuhan Perpajakan, dan Leverage Terhadap Transfer Pricing. Jurnal Akuntansi, 13(2), 388–401. https://doi.org/10.28932/jam.v13i2.3885
Winarso, E., & Christina, V. (2019). Corporate social responsibility as an amplifier on the effect of profitability on the company value (study of companies listed in the sri Kehati index from 2012 to 2016). International Journal of Innovation, Creativity and Change, 9(6), 101–115.
Wulandari, W. (2017). The Role Of Corporate Social Responsibility In Moderating The Influence Of Profitability, Leverage, And Company Size To Company Value.
Yanto, S.E., Ak., M.Ak., E. (2018). Effect of Corporate Social Responsibility and Good Corporate Governance on the Value of Company with Profitability as Moderating Variables. JAAF (Journal of Applied Accounting and Finance), 2(1), 36. https://doi.org/10.33021/jaaf.v2i1.304
Zuhriah, M., & Maharani, N. K. (2022). Pengaruh Corporate Social Responsibility Disclosure Terhadap Profitabilitas Dan Nilai Perusahaan. Al Qalam: Jurnal Ilmiah Keagamaan Dan Kemasyarakatan, 16(2), 703. https://doi.org/10.35931/aq.v16i2.934
Zuhroh, I. (2019). The Effects of Liquidity, Firm Size, and Profitability on the Firm Value with Mediating Leverage. KnE Social Sciences, 3(13), 203. https://doi.org/10.18502/kss.v3i13.4206
Ajani, A., Irawati, A., & Sam, M. F. M. (2019). The Influence of Leverage, Profitability, Dividend Policy and Investment Opportunity on the Company Value. 5 ThICITB International Conference On Information Technology And Business (Icitb), 159–170.
Al-Slehat, Z. A. F. (2019). Impact of Financial Leverage, Size and Assets Structure on Firm Value: Evidence from Industrial Sector, Jordan. International Business Research, 13(1), 109. https://doi.org/10.5539/ibr.v13n1p109
Astuti, D. S. P., Kristianto, D., & ... (2022). The Effect of Leverage and Company Size on Company Value Moderated by Corporate Social Responsibility (CSR)(Case Study on LQ 45 Stock Company 2017-2019 …. … Research and Critics …, 471–480. http://bircu-journal.com/index.php/birci/article/view/3635
Cont. (2020). The Effect of Profitability and Liquidity on Firm Value With Dividend Policy As Moderating Variable. 1(NeurIPS), 396–402.
Dianti, M. M., Winnarko, A. A., Fauzi, R. A., Pratama, F., & Sukmawati, F. (2020). The Effect of Return on Assets and Debt To Equity Ratio To Price To Book Value ( Study of Property and Real Estate Sub Sector Companies. Pjaee, 17(5), 1032–1039.
Fajaria, A. Z. (2018). The Effect of Profitability, Liquidity, Leverage and Firm Growth of Firm Value with its Dividend Policy as a Moderating Variable. International Journal of Managerial Studies and Research, 6(10), 55–69. https://doi.org/10.20431/2349-0349.0610005
Firdaus, Z., Suhadak, Rahayu, S. M., & Saifi, M. (2019). The Effect of Corporate Governance, Firm Size and Capital Structure on Financial Performance: a Study of State-Owned Enterprises Listed in the Indonesia Stock Exchange During Period of 2013-2016. Russian Journal of Agricultural and Socio-Economic Sciences, 9(93), 3–16. https://doi.org/10.18551/rjoas.2019-09.01
Gender and Agency in Tender is The Night , Save Me The Waltz , By Becky Ann Wagenblast a dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy Department of English August 2015 © Copyright by Becky Ann Wa. (2015). August.
Hapsoro, D., & Falih, Z. N. (2020). The Effect of Firm Size, Profitability, and Liquidity on The Firm Value Moderated by Carbon Emission Disclosure. Journal of Accounting and Investment, 21(2). https://doi.org/10.18196/jai.2102147
Hardian, A. P. (2016). FINANCIAL PERFORMANCE AND COMPANY SIZE ON VALUE COMPANIES , CSR AS A MODERATE VARIABLE Indonesian College of Economics ( STIESIA ) Surabaya. 5(9), 1–16.
Hermanto, & Hanadi, J. (2020). Analisis Pengaruh Faktor Keuangan Terhadap Pertumbuhan Laba. Jurnal Ekonomi : Jurnal of Economic, 11, 133–143.
Ibrahim, U. A. (2020). Effect of Financial Leverage on Firm Value: Evidence From Selected Firms Quoted on the Nigerian Stock Exchange. European Journal of Business and Management, 124–135. https://doi.org/10.7176/ejbm/12-3-16
Jihadi, M., Vilantika, E., Hashemi, S. M., Arifin, Z., Bachtiar, Y., & Sholichah, F. (2021). The Effect of Liquidity, Leverage, and Profitability on Firm Value: Empirical Evidence from Indonesia. Journal of Asian Finance, Economics and Business, 8(3), 423–431. https://doi.org/10.13106/jafeb.2021.vol8.no3.0423
Juhandi, N., Fahlevi, M., Abdi, M. N., & Noviantoro, R. (2019). Liquidity, Firm Size and Dividend Policy to the Value of the Firm (Study in Manufacturing Sector Companies Listed on Indonesia Stock Exchange). 100(Icoi), 313–317. https://doi.org/10.2991/icoi-19.2019.53
Kartikasari, E. D., Hermantono, A., & Mahmudah, A. (2019). Good Corporate Governance, Devidend, Leverage, and Firm Value. International Research Journal of Business Studies, 12(3), 301–311. https://doi.org/10.21632/irjbs.12.3.301-311
Kim, W. S., Park, K., & Lee, S. H. (2018). Corporate social responsibility, ownership structure, and firm value: Evidence from Korea. Sustainability (Switzerland), 10(7). https://doi.org/10.3390/su10072497
Kristi, N. M., & Yanto, H. (2020). The Effect of Financial and Non-Financial Factors on Firm Value. Accounting Analysis Journal, 9(2), 131–137. https://doi.org/10.15294/aaj.v9i2.37518
Kurnia Saputri, C., & Giovanni, A. (2021). The The Effect Of Profitability, Size And Liquidity on Firm Value in Consumer Goods Industry Listed on The Indonesia Stock Exchange (IDX). Journal of Business Management Review, 2(2), 092–106. https://doi.org/10.47153/jbmr22.902021
Kusumawati, H. W., Titisari, K. H., & Siddi, P. (2021). The Influence of Profitability , Leverage , Dividend Policy , Liquidity and Institutional Ownership on Firm Value LQ45. Journal of Indonesian Science Economic Research, 3(1), 1–8.
Leary, G. P. (2019). The Influence Of Profitability, Dividend Policy And Size Company On Company Value To The Company Manufacturers Listed On The Indonesia Stock Exchange (IDX) Period 2015-2018. Idx, 1–23.
Lestari, E. P., Astuti, D., & Abdul Basir, M. (2020). The role of internal factors in determining the firm value in Indonesia. Accounting, 6(5), 665–670. https://doi.org/10.5267/j.ac.2020.6.018
Mustamin, I., & Usman, A. (2019). The Effect of Financial Leverage on Profit Management with Managerial Ownership as Moderating. International Journal of Academic Research in Accounting, Finance and Management Sciences, 9(2), 83–91.
Nafisah, N. I., Halim, A., & Sari, A. R. (2020). Pengaruh Return on Assets (Roa), Debt To Equity Ratio(Der), Current Ratio (Cr), Return on Equity (Roe), Price Earning Ratio (Per), Total Assets Turnover (Tato), Dan Earning Per Share (Eps) Terhadap Nilai Perusahaan Manufaktur Yang Terdaftar Di Bei. Jurnal Riset Mahasiswa Akuntansi, 6(2), 1–17. https://doi.org/10.21067/jrma.v6i2.4217
Nurwulandari, A., & Wibowo, Y. (2021). Effect of Liquidity, Profitability, Firm Size on Firm Value with Capital Structure as Intervening Variable the Creative Commons Attribution 4.0 International License. Site Using OJS 3 PKP Optimized. Atestasi: Jurnal Ilmiah Akuntansi, 4(2), 257–271. https://doi.org/10.33096/atestasi.v4i2.835
Olivia Dwi Putri, M., & Gst Bgs Wiksuana, I. (2021). The effect of liquidity and profitability on firm value mediated by dividend policy. American Journal of Humanities and Social Sciences Research, 212(5), 204–212. www.ajhssr.com
Prasetya Margono, F., & Gantino, R. (2021). Influence of Firm Size, Leverage, Profitability, and Dividend Policy on Firm Value of Companies in Indonesia Stock Exchange. Copernican Journal of Finance & Accounting, 10(2), 45–61. https://doi.org/10.12775/cjfa.2021.007
Putra, B. A. I., & Sunarto, S. (2021). Pengaruh Profitabilitas, Leverage, dan Kepemilikan Manajerial Terhadap Nilai Perusahaan dengan Corporate Social Responsibility Sebagai Variabel Moderasi. Ekonomis: Journal of Economics and Business, 5(1), 149. https://doi.org/10.33087/ekonomis.v5i1.195
Restianti, T., & Agustina, L. (2018). The Effect of Financial Ratios on Financial Distress Conditions in Sub Industrial Sector Company. Accounting Analysis Journal, 7(1), 25–33. https://doi.org/10.15294/aaj.v5i3.18996
Safitri, Y., Abrar, & Budi, E. S. (2018). Peranan Corporate Social Responsibility Dalam Memoderasi Pengaruh Profitabilitas, Leverage Dan Likuiditas Terhadap Nilai Perusahaan. Journal Of Accounting Universitas Pandanaran Semarang, 1(4), 1–18.
Santosa, P. W. (2020). The moderating role of firm size on financial characteristics and islamic firm value at indonesian equity market. Business: Theory and Practice, 21(1), 391–401. https://doi.org/10.3846/btp.2020.12197
Senja Pertiwi, F. N. C. (2020). the Effect of Financial Performance on Firm Value With Corporate Social Responsibility As Moderated Variables. Economics and Business Solutions Journal, 5(1), 1. https://doi.org/10.26623/ebsj.v5i1.3327
Setiawan, D. E., & Rahmawati, I. Y. (2020). The Effect of Liquidity, Profitability, Leverage on Corporate Value with Diividend Policy and BI Rate as Moderated Variables. Economics and Business Solutions Journal, 4(1), 1.
Setiawanta, Y., Utomo, D., Ghozali, I., & Jumanto, J. (2021). Financial performance, exchange rate, and firm value: The Indonesian public companies case. Organizations and Markets in Emerging Economies, 11(22), 348–366. https://doi.org/10.15388/OMEE.2020.11.37
Siregar, I. F., Roekhudin, R., & Purwanti, L. (2018). Firm Value Predictor and the Role of Corporate Social Responsibility. Jurnal Keuangan Dan Perbankan, 22(3). https://doi.org/10.26905/jkdp.v22i3.1804
Sitanggang, D. P. L., & Chusnah, F. N. (2020). Influence of Profitability , Leverage and Managerial Ownership on Firm Value with Corporate Social Responsibility as Moderation Variable. 1–16.
Soendhika, R. B., & Wahyudi, I. (2022). Pengaruh Tarif Pajak Efektif dalam Melakukan Mediasi terhadap Pengaruh Profitabilitas dan Utang pada Perataan Laba. Al Qalam: Jurnal Ilmiah Keagamaan Dan Kemasyarakatan, 16(2), 804. https://doi.org/10.35931/aq.v16i2.954
Sondakh, R. (2019). the Effect of Dividend Policy, Liquidity, Profitability and Firm Size on Firm Value in Financial Service Sector Industries Listed in Indonesia Stock Exchange 2015-2018 Period. Accountability, 8(2), 91. https://doi.org/10.32400/ja.24760.8.2.2019.91-101
Spence. (2012). Transformational leadership in a postmodern world: The presidential election of Barack Obama. Academy of Strategic Management Journal, 11(1), 9–26.
Sutrisno, S. (2020). Corporate Governance, Profitability, and Firm Value Study on the Indonesian Sharia Stock Index. Jurnal Ekonomi Dan Bisnis Islam (Journal of Islamic Economics and Business), 6(2), 292. https://doi.org/10.20473/jebis.v6i2.23231
Tui, S., Nurnajamuddin, M., Sufri, M., & Nirwana, A. (2017). Determinants of Profitability and Firm Value: Evidence from Indonesian Banks. IRA-International Journal of Management & Social Sciences (ISSN 2455-2267), 7(1), 84. https://doi.org/10.21013/jmss.v7.n1.p10
Wahyudi, I., & Fitriah, N. (2021). Pengaruh Aset Tidak Berwujud, Ukuran Perusahaan, Kepatuhan Perpajakan, dan Leverage Terhadap Transfer Pricing. Jurnal Akuntansi, 13(2), 388–401. https://doi.org/10.28932/jam.v13i2.3885
Winarso, E., & Christina, V. (2019). Corporate social responsibility as an amplifier on the effect of profitability on the company value (study of companies listed in the sri Kehati index from 2012 to 2016). International Journal of Innovation, Creativity and Change, 9(6), 101–115.
Wulandari, W. (2017). The Role Of Corporate Social Responsibility In Moderating The Influence Of Profitability, Leverage, And Company Size To Company Value.
Yanto, S.E., Ak., M.Ak., E. (2018). Effect of Corporate Social Responsibility and Good Corporate Governance on the Value of Company with Profitability as Moderating Variables. JAAF (Journal of Applied Accounting and Finance), 2(1), 36. https://doi.org/10.33021/jaaf.v2i1.304
Zuhriah, M., & Maharani, N. K. (2022). Pengaruh Corporate Social Responsibility Disclosure Terhadap Profitabilitas Dan Nilai Perusahaan. Al Qalam: Jurnal Ilmiah Keagamaan Dan Kemasyarakatan, 16(2), 703. https://doi.org/10.35931/aq.v16i2.934
Zuhroh, I. (2019). The Effects of Liquidity, Firm Size, and Profitability on the Firm Value with Mediating Leverage. KnE Social Sciences, 3(13), 203. https://doi.org/10.18502/kss.v3i13.4206
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2023-03-10
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Pengaruh Profitabilitas, Likuiditas, Leverage, dan Aktivitas terhadap Nilai Perusahaan yang Dimoderasi Corporate Social Responsibility. (2023). Jurnal Mahasiswa: Jurnal Ilmiah Penalaran Dan Penelitian Mahasiswa, 5(1), 212-236. https://doi.org/10.51903/jurnalmahasiswa.v5i1.584
