PENGARUH KEPEMILIKAN MANAJEMEN, UKURAN DEWAN KOMISARIS & KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN DENGAN CORPORATE SOCIAL RESPONSIBILITY SEBAGAI VARIABEL MODERATING ( Studi Kasus Pada Perusahaan Industri Perdagangan Barang & Konsumsi di BEI Periode Tahun 2012-2016 )

Abstract

This reset is investigate the influence of managerial ownership, commisioner of independent, dividend policy on the value of company with Corporate Social Responsibility as a moderating variable. The aim of this research is to find empirical proof about the influence of managerial ownership to firm value,the influence of commisioner of independet to firm value, the influence of dividend policy to firm value, the influence of CSR disclosure as moderating variable in the relationships between  magerial ownership and firm value, the influence of CSR disclosure as moderating variable in the relationships between  commisioner of independent and firm value, the influence of CSR disclosure as moderating variable in the relationships between  dividend policy and firm value.

The sample of this research is industry sales consumtion goods firm which is listed on Indonesia Stock Exchange (IDX) over 2012-2016. The research sample are 4 firm with 20 observations. The analysis methods of  this research used simple regression analysis for hypothesis 1 and multiple regression analysis with the Absolute Residual for hypothesis 4,5 and 6.

 The result of this research shows that  KM have significant negative influence to firm value, UDK have significant positive influence to firm value,  UDK doesn’t have significant positive influence to firm value meanwhile the analysis with the moderating variable Absolute Residual shows that CSR disclosure make a weekness moderate in relations between KM and firm , CSR disclosure make a weekness moderate in relations between UDK and firm , CSR disclosure make a stronger moderate in relations between DPR and firm.

Keywords :  Managerial ownership, commisioner of independend, policy value, Price Book Value, Corporate Social Responsibility Disclosure