Research Article
Effect of Corporate Social Responsibility Disclosure, Capital Structure, and Ownership Structure on Value of The Firm with Intervening Variables of Financial Performance and Dividend Policy in Manufacturing Companies Listed in Indonesia Stock Exchange
@INPROCEEDINGS{10.4108/eai.30-7-2019.2287739, author={S Rahayuningsih and D R Prihastuty and Hwihanus Hwihanus}, title={Effect of Corporate Social Responsibility Disclosure, Capital Structure, and Ownership Structure on Value of The Firm with Intervening Variables of Financial Performance and Dividend Policy in Manufacturing Companies Listed in Indonesia Stock Exchange}, proceedings={Proceedings of the 1st Asian Conference on Humanities, Industry, and Technology for Society, ACHITS 2019, 30-31 July 2019, Surabaya, Indonesia}, publisher={EAI}, proceedings_a={ACHITS}, year={2019}, month={9}, keywords={corporate social responsibility disclosure capital structure ownership structure financial performance dividend policy company value}, doi={10.4108/eai.30-7-2019.2287739} }- S Rahayuningsih
D R Prihastuty
Hwihanus Hwihanus
Year: 2019
Effect of Corporate Social Responsibility Disclosure, Capital Structure, and Ownership Structure on Value of The Firm with Intervening Variables of Financial Performance and Dividend Policy in Manufacturing Companies Listed in Indonesia Stock Exchange
ACHITS
EAI
DOI: 10.4108/eai.30-7-2019.2287739
Abstract
This study aims to examine and analyze the effect of CSR disclosure, capital structure, ownership structure on the value of firms with Financial Performance and Dividend Policy as an intervening variable in manufacturing companies listed on the Stock Exchange for the period 2014-2016. The sample used was 33 samples. This research uses purposive sampling technique while data analysis uses partial least square (PLS).The results showed that almost all the research hypotheses were accepted and had a significant effect with a significant level of 5% with t-table 1,960 except the Capital Structure of Dividend Policy (H5) and Capital Structure of Value of the Firm (H6) not significant so that the hypothesis was rejected in the study. Management needs to consider the composition of the capital structure established by the company's management so that dividend policies can be applied according to the company's objectives.