The Influence of Corporate Social Responsibility, Capital Structure, and the Size of the Company on Firm Value before Covid-19

Abstract

The discussion leads to the influence of Corporate Social Responsibility (CSR), capital structure and firm size on the value of the company which showed the inequality of results in previous research. Therefore, this research aims to determine the effect of Corporate Social Responsibility, capital structure and company firm  size on firm value. The object of the research is food and beverage sub-sector company in Southeast Asia for the period 2013-2018. The data had been collecting is secondary data using the documentation method in the form of company annual reports. This research used SPSS 23 as a analytical tool to verify the hypotesis. The sampling method of this research used purposive sampling technique and obtained 18 companies with 108 samples. The analysis technique used is multiple linear regression analysis, partial test and simultaneous test. The results of the research partially concluded that Corporate Social Responsibility has a significant effect on firm value, capital structure has no effect and not significant on firm value, and firm size has a significant effect on firm value. The result of the research simultaneously showed a Fcount of 11,002 and Ftable 2.72 meaning Fcount > Ftable or significance value 0.05 > 0,000. In conclution, CSR, capital structure and firm size entierty had a significant effect on firm value.