PERAN UKURAN PERUSAHAAN MEMODERASI PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN KINERJA KEUANGAN TERHADAP HARGA SAHAM

Salsa Dhea Ananda Pratiwi, Anny Widiasmara, Maya Novitasari

Abstract


The aim of this research is to provide empirical evidence about the influence of corporate social responsibility and financial performance on stock prices. As well as whether the size of a company can moderate the influence of corporate social responsibility and financial performance on the company's stock price. The research method is quantitative. The research population is 47 Banking Companies. Sampling using purposive sampling resulted in 216 samples of banking companies in the EIB. Data analysis using the SPSS program version 25. The research finds that corporate social responsibility and financial performance influence the stock price, while corporate size cannot moderate the relationship between the corporate Social Responsibility variable and the financial performance with the share price. The results of this research are expected to add a reference, if companies want to high share prices then companies need to allocate CSR funds effectively and ensure good financial performance, as the combination of both can improve reputation and attract investor interest, positively impacting stock prices.

Keywords: Stock Price, CSR, Financial Performance, Firm Size

Full Text:

PDF

References


Arsita, Y. (2021). Analisis Rasio Keuangan Untuk Mengukur Kinerja Keuangan PT Sentuk City, TBK. Jurnal Manajemen Pendidikan dan Ilmu Sosial, 2(1). https://doi.org/10.38035/jmpis.v2i1

Cao, T., Nguyen, H., Nguyen, K., & Nguyen, L. (2023). Information asymmetry on the link between corporate social responsibility and stock price crash risk. Cogent Economics and Finance, 11(2). https://doi.org/10.1080/23322039.2023.2230727

Ernawan, E. R. (2021). Tangguang Jawab Sosial Perusahaan (Corporate Social Responsibility).

Hellen, Fadrul, & Asyik, N. F. (2019). Analisis Pengaruh Capital Adequacy Ratio (CAR), Non Performing Financing (NPF), Net Oprating Margin (Nom), Biaya Operasional Pendapatan Oprasional (BOPO) Dan Financing Deposit to Ratio ( FDR) Terhadap Kinerja Keuangan Perbankan Syariah di Indonesia Tahun 2011-2017. Kurs : Jurnal Akuntansi, Kewirausahaan dan Bisnis, 4(2), 181–191. http://www.ejournal.pelitaindonesia.ac.id/ojs32/index.php/KURS/index

Hunjra, A. I., Mehmood, R., & Tayachi, T. (2020). How Do Corporate Social Responsibility and Corporate Governance Affect Stock Price Crash Risk? Journal of Risk and Financial Management, 13(2). https://doi.org/10.3390/jrfm13020030

Hussain, A., Shabbir, A., & Rehman, A. A. (2024). Impact of Corporate Capital Structure on Corporate Performance: An Empirical Study of Emerging Market Using GMM Estimation Technique. Journal of Asian Development Studies, 13(2), 595–605. https://doi.org/10.62345/jads.2024.13.2.48

Pangestu, B. (2021). Tinjauan Hukum Islam Terhadap Terjadinya Fluktuasi Harga Saham dan Pengaruh Pada Perusahaan Perbankan. Istidlal: Jurnal Ekonomi dan Hukum Islam, 5(2), 152–159. https://doi.org/10.35316/istidlal.v5i2.311

Pasalao, S., Boonyanet, W., & Tongkong, S. (2024). Moderating role of board gender diversity and firm size on the relationship between free cash flow and corporate sustainability of Thai listed companies. Journal of Infrastructure, Policy and Development, 8(5). https://doi.org/10.24294/jipd.v8i5.3622

Pratama, I. S., & Deviyanti, D. R. (2022). Pengaruh pengungkapan corporate social responsibility terhadap institutional ownership pada perusahaan high-profile yang listing di bursa efek Indonesia. Jurnal Ekonomi, Keuangan dan Manajemen, 18(3), 540. https://doi.org/10.29264/jinv.v18i3.11701

Puspitaningrum, H. Y., & Indriani, A. (2021). Pengaruh Tanggung Jawab Sosial Perusahaan dan Good Corporate Governance Terhadap Profitablilitas Perusahaan dengan Ukuran Perusahaan dan Leverage sebagai Variabel Kontrol. Diponegoro Journal Of Management, 10(3), 1–15.

Sembiring, S., Mahendra, A., Shalini, W., & Sinaga, R. V. (2023). Pengaruh Profitabilitas, Likuiditas dan Leverage Terhadap Harga Saham pada Perusahaan Sub Sektor Kontruksi dan Bangunan yang Terdaftar di BEI Pada Masa Pandemi. JRAK, 9(2), 2715–8136.

Zajelia, N. K. A. C. D. L., Novitasari, N. L. G., & Dwi, N. L. P. S. (2023). Pengaruh Keputusan Investasi, Likuiditas, Investment Opportunity Set, Kepemilikan Manajerial dan Struktur Modal terhadap Nilai Perusahaan pada Perusahaan Perbankan yang terdaftar di BEI Periode 2019-2021. Kumpulan Hasil Riset Mahasiswa Akuntansi (KHARISMA), 5(1), 173–187.


Refbacks

  • There are currently no refbacks.


 

 

 

 

 

 

 

Editorial Office:

Universitas PGRI Madiun

Kampus 3 Lantai 2

Fakultas Ekonomi dan Bisnis

Jl. Auri no. 14-16 Madiun