PENGARUH KINERJA KEUANGAN DAN KINERJA LINGKUNGAN TERHADAP NILAI PERUSAHAAN DENGAN CORPORATE SOCIAL RESPONSIBILITY SEBAGAI VARIABEL MODERASI

Abstract

The importance of financial performance and enviromnetal performance make
investors and creditors more selective in investing or give credit to the company that
can improve firm value. This study has several objectives: first, to examine the
financial performance measured return on asset and return on equity and
environmental performance in implementing firm value at manufactured companies
listed on the IDX for the period of 2015-2017. Second, to examine the corporate
social responsibility on moderating relationship between financial performance
measured return on asset and return on equity and environmental performance with
firm value at manufactured companies listed on the IDX for the period of 2015-2017.
Data is obtained from the annual reports of manufactured companies listed on the
IDX for the period of 2015-2017. Using SPSS 21 the results of this study show that
financial performance (return on asset and return on equity) has an influence on the
implementation of firm value. Enviromental performance has not an influence on the
implementation of firm value. The results of this study show corporate social
responsibility just managed to moderated relationship between that financial
performance (return on asset and return on equity) with firm value. But, corporate
social responsibility has not manage to moderated relationship between that
financial performance with firm value.