The Impact of CSR Fund on the Company Value with Profitability as Moderating Variable on Transportation Company Sector
Keywords:
csr, company value, profitability, transport companies, ROEAbstract
This study investigates the impact of Corporate Social Responsibility (CSR) funds on company value in the Indonesian transportation sector, with profitability as a moderating variable. The objective of the research is to explore whether CSR investments influence company value and how profitability moderates this relationship. Using data from several Indonesian transportation companies, the study analyzes the connection between CSR spending, profitability, and company value. The results indicate that CSR funds do not have a significant effect on company value, and profitability does not significantly moderate this relationship. These findings suggest that, within the context of the Indonesian transportation sector, CSR spending may not directly translate into increased company value, and the role of profitability in enhancing the effect of CSR is limited. Suggestion for further researchers is expected to use other financial ratios, use different moderating variables, and use different research periods