Analisis Pengaruh Struktur Modal, Corporate Social Responsibility Terhadap Profitabilitas Serta Implikasinya Pada Nilai Perusahaan (Studi Kasus Pada Perusahaanproperti Danreal Estate Yang Terdaftar Di Bursa Efek Indonesia Periode 2011-2015)

Abstract

The purpose of this research was to analyze the effect of capital structure, corporate social responsibility on profitability as well asits implications on the firm value. Data obtained is secondary data from property and real estate companies which are listed in Indonesian Stock Exchange (BEI) period 2011-2015. This research used path analysis method. The result showed that partially the variable capital structure and corporate social responsibility have positive and significant effect on the profitability. Variable capital structure and profitability have positif and significant effect on firm value. While variable corporate social responsibility have negatif and insignificant effect on firm value. The research of path analysis showed that profitability are able to increase the interaction between capital structure and firm value or interaction between corporate social responsibility and firm value. Both of interactions showed the positif and significant on firm value.