Research Article
Analysis of Effect of Capital Structure, Corporate Social Responsibility to Profitability and Implications on Company Value (Case Study on Property and Real Estate Companies Listed on Indonesia Stock Exchange)
@INPROCEEDINGS{10.4108/eai.10-9-2019.2289370, author={Armalia Reny and Andi Surya and Yudhinanto CN}, title={Analysis of Effect of Capital Structure, Corporate Social Responsibility to Profitability and Implications on Company Value (Case Study on Property and Real Estate Companies Listed on Indonesia Stock Exchange)}, proceedings={The First International Conference On Islamic Development Studies 2019, ICIDS 2019, 10 September 2019, Bandar Lampung, Indonesia}, publisher={EAI}, proceedings_a={ICIDS}, year={2019}, month={11}, keywords={corporate social responsibility firm value capital structure profitability}, doi={10.4108/eai.10-9-2019.2289370} }- Armalia Reny
Andi Surya
Yudhinanto CN
Year: 2019
Analysis of Effect of Capital Structure, Corporate Social Responsibility to Profitability and Implications on Company Value (Case Study on Property and Real Estate Companies Listed on Indonesia Stock Exchange)
ICIDS
EAI
DOI: 10.4108/eai.10-9-2019.2289370
Abstract
The aim of the study is to analyze the corporate social responsibility effect of capital structure on profitability and its involvement on company value. The data is obtained from property companies and real estate listed on the 2011-2015 period in the Indonesia Stock Exchange (IDX). The method of this study is using path analysis. The result shows that partially element of corporate social responsibility and capital structure have significant and constructive effect on profitability. The element of profitability and capital structure have a significant and constructive effect on firm value. On the other side, responsibility of corporate social element has a negative and destructive effect on company value. The result shows that profitability can influence the interaction between firm value and capital structure as well as the interaction between company social responsibility and corporate value. Both of these interactions show a positive and significant influence on company value.
