CD Tesis
Pengaruh Pengungkapan Corporate Social Responsibility Dan Risiko Bisnis Terhadap Struktur Modal Dan Nilai Perusahaan Sektor Konstruksi
This study is aimed to examine the effect of corporate social responsibility disclosure and business risk on capital structure and firm value from 2014-2019. This study was conducted in Pekanbaru.
The population of this study were construction sector companies listed on Indonesia Stock Exchange in period of 2014 – 2019. The sample of the study is all companies were selected by purposive sampling method. Based on the criteria, 9 companies were chosen as the samples of this study. The data used consist of secondary data. Data were collected by using annual report of the samples. This study used partial least square using structural equation modelling to test whether the independent variables affect the dependent variable
The results of this study are found that (1) corporate social responsibility disclosure has a significant and positive effect on capital structure, (2) business risk has a significant and negative effect on capital structure, (3) corporate social responsibility disclosure has a significant and positive effect on firm value, (4) business risk has a significant and negative effect on firm value, (5) capital structure has a significant and positive effect on firm value, (6) corporate social responsibility disclosure has a significant and positive effect on firm value through capital structure, and (7) business risk has a significant and positive effect on firm value through capital structure. The limitations of this study are driven by the variable and sample size. Therefore further reseacrh can use other variables and extension other industries could bring the comprehensive results.
Keywords: Corporate Social Responsibility Disclosure, Business Risk, Capital Structure , Firm Value
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