Pengaruh intellectual capital, corporate social responsibility, dan gender diversity executive terhadap firm value perusahaan-perusahaan LQ45
Keywords:
CSR, Firm Value, Gender Diversity, Intellectual CapitalAbstract
This study examines the effect of intellectual capital, corporate social responsibility and gender diversity on firm value in LQ45 companies listed on the Indonesia Stock Exchange. This study uses secondary data from the company's annual financial reports. This type of research is associative quantitative. The number of samples in this study were 22 companies. For 5 years of observation 2017-2021, so there are 110 observational data. To test the hypothesis of this study using panel data regression. The results of this study indicate that intellectual capital partially has no effect on firm value. Meanwhile, Corporate Social Responsibility and Executive Gender Diversity partially affect firm value. The value of the company will never stop being observed considering the company's development in maintaining the company's sustainability. Stakeholders will observe the overall development of the company's value over time. When the company is able to maximize performance by taking into account the condition of the company, the value generated will be even better.
Abstrak
Tujuan dari penelitian ini adalah untuk menganalisis pengaruh intellectual capital corporate social responsibility dan gender diversity, terhadap firm value pada prusahaan LQ45 yang terdaftar di Bursa Efek Indonesia Penelitian ini menggunakan data sekunder dari laporan keuangan tahunan perusahaan. Jenis penelitian ini adalah kuantitatif asosiatif. Jumlah sampel dalam penelitian ini sebanyak 22 perusahaan. Selama 5 tahun pengamatan 2017-2021. Sehingga terdapat 110 data observasi. Untuk menguji hipotesis penelitian ini menggunakan regresi data panel. Hasil penelitian ini menunjukan bahwa Intellectual capital secara parsial tidak berpengaruh terhadap firm value. Sedangkan Corporate social responsibility dan Gender Diversity Eksekutif secara parsial berpengaruh terhadap firm value. Nilai perusahaan tidak akan pernah berhenti diamati mengingat perkembangan perusahaan dalam mempertahankan keberlangsungan perusahaan. Stakeholder akan mengamati perkembangan nilai perusahaan secara keseluruhan dalam waktu ke waktu. Padasaat perusahaan mampu memaksimalkan kinerja dengan memperhatikan kondisi perusahaan, maka nilai yang dihasilkan akan semakin baik
References
Al-Shaer, H., & Zaman, M. (2016). Board gender diversity and sustainability reporting quality. Journal of Contemporary Accounting & Economics, 12(3), 210-222. https://doi.org/10.1016/j.jcae.2016.09.001.
Akmalia, A., Dio, K., & Hesty, N. (2017). Pengaruh kinerja keuangan terhadap nilai perusahaan dengan corporate social responsibility dan good corporate governance sebagai variabel pemoderasi (studi empiris pada perusahaan manufaktur di bursa efek Indonesia periode 2010-2015). Jurnal Manajemen Bisnis, 8(2), 200-221.
Arini, Y., & Musdholifah, M. (2018). Pengaruh intellectual capital dan good corporate governance terhadap nilai perusahaan melalui kinerja keuangan (Studi pada perusahaan subsektor perbankan yang listing di BEI periode 2013-2016). Jurnal Ilmu Manajemen (JIM), 6(3), 227-240.
Brigham, Eugene F, & Houston, J. F. (2016). Dasar-Dasar Manajemen Keuangan Edisi 11 Buku 1. In Salemba Empat Jakarta.
Brigham, Eugene F, & Houston, J. F. (2014). Dasar-Dasar Manajemen Keuangan Edisi 11 Buku 1. In Salemba Empat Jakarta.
Camilia, I. (2016). Pengaruh kinerja lingkungan dan biaya lingkungan terhadap kinerja keuangan perusahaan manufaktur (Doctoral dissertation, STIE Perbanas Surabaya).
Crisóstomo, V. L., de Souza Freire, F., & De Vasconcellos, F. C. (2011). Corporate social responsibility, firm value and financial performance in Brazil. Social responsibility journal, 7(2), 295-309. https://doi.org/10.1108/17471111111141549
Fatemi, A., Glaum, M., & Kaiser, S. (2018). ESG performance and firm value: The moderating role of disclosure. Global Finance Journal. https://doi.org/10.1016/j.gfj.2017.03.001
Fauziah, F. E. (2018). Diversitas Gender dan Nilai Perusahaan dengan Corporate Social Responsibility sebagai Variabel Intervening. Media Ekonomi Dan Manajemen. https://doi.org/10.24856/mem.v33i2.668
Girma, B. (2017). Intellectual capital efficiency and its impact on financial performances of Ethiopian commercial banks. Research Journal of Finance and Accounting, 8(8), 17-31.
Hatane, S. E., Angeline, C. O., Wedysiage, M., & Saputra, V. T. (2019). Intellectual Capital Disclosure and Firm Value: Does Jokowi s Era Matter? (Doctoral dissertation, Atlantis Press).
Josephine, K. C. (2020). Pengaruh Green Intellectual Capital Terhadap Business Sustainability. Jurnal Manajemen Strategi dan Aplikasi Bisnis, 3(2), 117-128.
Kristina, I. G. A. R., & Wiratmaja, I. D. N. (2018). Pengaruh board diversity dan intellectual capital pada nilai perusahaan. E-Jurnal Akuntansi, 22(3), 2313-2338. https://doi.org/10.24843/eja.2018.v22.i03.p25
Kusuma, A. A., & Aryani, Y. A. (2020). Corporate Social Responsibility dan Kinerja Perusahaan (Studi pada Perusahaan Manufaktur yang Listing di BEI Tahun 2016- 2017). Jurnal Akuntansi Dan Bisnis, 20(1). https://doi.org/10.20961/jab.v20i1.406
Liu, X., & Zhang, C. (2017). Corporate governance, social responsibility information disclosure, and enterprise value in China. Journal of Cleaner Production. https://doi.org/10.1016/j.jclepro.2016.09.102
Naciti, V. (2019). Corporate governance and board of directors: The effect of a board composition on firm sustainability performance. Journal of Cleaner Production. https://doi.org/10.1016/j.jclepro.2019.117727.
Puspitasari, I., Irawati, D., Prasaja, M. G., & Baraba, R. (2019, July). Corporate Social Responsibility (CSR) and Firm Value: The role of investor sentiment in green companies listed on the IDX. In International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018) (pp. 28-33). Atlantis Press. https://doi.org/10.2991/icobame-18.2019.6
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Articles publised in Keberlanjutan : Jurnal Manajemen dan Jurnal Akuntansi are licensed under Creative Commons Attribution 4.0 International License. You are free to :
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
Copyright on articles is retained by the respective author(s), without restrictions. A non-exclusive license is granted to Keberlanjutan : Jurnal Manajemen dan Jurnal Akuntansi to publish the article and identify itself as its original publisher, along with the commercial right to include the article in a hardcopy issue for sale to libraries and individuals.
By publishing in Keberlanjutan : Jurnal Manajemen dan Jurnal Akuntansi, authors grant any third party the right to use their article to the extent provided by the Creative Commons Attribution 4.0 International License.
