PENGARUH PROFITABILITAS DAN SUSTAINABILITY REPORTING TERHADAP  NILAI PERUSAHAAN DENGAN INVESTMENT OPPORTUNITY SET SEBAGAI  VARIABEL MODERATING

Authors

This study aims to explain the influence of profitability and sustainability reporting on firm value with

investment opportunity set as moderating variables. The objects of this study are all companies listed

in Indonesia Sharia Stock Index (ISSI) during 2013-2015.This research uses secondary data in the form

of annual report and sustainability reporting of company. By using purposive sampling technique, there

were 10 companies that meet the specified criteria and obtained 30 data during the study period from

2013 to 2015. Data analysis used in this research are multiple linear regression analysis and

Moderated Regression Analysis (MRA).The result of this research shows that profitability has

significant and positive influence on firm value while sustainability reporting has no significant effect

on firm value. While the test result of Moderated Regression Analysis (MRA) indicates that investment

opportunity sets moderated the influenceof profitability and sustainability reporting on firm value.

Keywords: profitability, sustainability reporting, company value, investment opportunity set