CD Skripsi
Pengaruh Financial Distress Terhadap Nilai Perusahaan Dimediasi Oleh Corporate Social Responsibility Dan Investment Opportunity Set Pada Perusahaan Pertambangan Yang Listing Di Bursa Efek Indonesia Pada Tahun 2012-2015
This research was conducted based on the fluctuation of stock price describing fluctuative firm value and declining stock price, besides there are many inconsistance and lack of previous research results in mining companies. This research held in order to analyze the effect of financial distress towards firm value mediated by investment opportunity set and corporate social responsibility. Firm value is the dependent variable in this study. Meanwhile, independents ones consist of financial distress, investment opportunity set and corporate social responsibility. Research sample are mining companies listed in Indonesia Stock Exchange during 2012-2015. Sample collected by using purposive sampling and contained of 24 companies as sample. Data generated by employing path analysis assisted by SPSS 20 for windows. Study reveals that financial distress positively and significantly influences firm value and investment opportunity set. Financial distress positively but not significantly influences corporate social responsibility. Corporate social responsibility effects negatively but not significantly the firm value. Investment opportunity set influences firm value either positively or significantly. Corporate social responsibility is a significant mediator that decrease firm value affected by financial distress. On the other hand, investment opportunity set is a significant mediator that increase firm value affected by financial distress. Keywords : Financial Distress, Firm Value, Investment Opportunity Set and Corporate Social Responsibility
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