The Impact of CSR Fund on the Company Value with Profitability as Moderating Variable on Transportation Company Sector

Authors

  • Saida Ifa Juliyanti Universitas Pendidikan Indonesia
  • Farhan Najib Universitas Pendidikan Indonesia
  • Hafizha Nurul Qolby Universitas Pendidikan Indonesia
  • Adelia Rahayu Universitas Pendidikan Indonesia
  • Meisya Syakira Nursetya Universitas Pendidikan Indonesia
  • Velisa Stevannie Universitas Pendidikan Indonesia
  • Syti Sarah Maesaroh Universitas Pendidikan Indonesia

Keywords:

csr, company value, profitability, transport companies, ROE

Abstract

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

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Published

2024-12-21

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Section

Articles