Pengaruh Cash Holding, Umur Perusahaan, dan Corporate Social Responsibility Terhadap Nilai Perusahaan dengan Profitabilitas Sebagai Variabel Moderating (Studi Empris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia)

Abstract

This study aims to determine whether the effect of holding cash, aged company, corporate social responsibility and the value of the company to profitability as moderating variable either simultaneously or partially in companies listed on the Indonesian stock exchange. The method of this thesis is to use causal research with a sample of 40 manufacturing companies of 139 manufacturing companies listed on the Indonesian stock exchange. This research was conducted for the period 2011-2014. The data used is secondary data. Data acquired through the stock exchange website indonenesia (www.idx.co.id). The data analyzed in this research are collected from the Annual Report of the company. The collected data were analyzed by the method of data analysis conducted prior classic assumption test before hypothesis test. Testing the hypothesis in this study using multiple linear regression with F test and t test. The results showed that simultaneous cash holding, the age of the company, and corporate social responsibility has significant influence positively to the company's value. Partially cash holding does not affect the value of the firm, firm age positive effect on firm value, and corporate social responsibility positive effect on firm value. Profitability was not able to moderate the relationship between cash holding, the age of the company, and csr terhaap value of the company.

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