The Effect of Corporate Social Responsibility on Company's Value with Common Effects Model (CEM), Fixed Effects Model (FEM) and Random Effects Model (REM) Approaches (Empirical Evidence in Indonesia Stock Exchange)

• Published in: Calitatea Vol. 19; no. 165; pp. 79 - 90
• Main Authors: Muda, Iskandar, Sidauruk, Sri Hartati, Siregar, Hasan Sakti, Nurzaimah
• Format: Journal Article
• Language: English
• Published: Bucharest Romanian Society for Quality Assurance 01.08.2018
• Subjects: Business ethics; Companies; Compliance; Construction costs; Data analysis; Data processing; Economic analysis; Economic growth; Empirical analysis; Empowerment; Entrepreneurship; Health promotion; Investments; Panel data; Random effects; Regulation; Social responsibility; Stock exchanges; Stockholders; Sustainability; Value; Asia; Latvia; Indonesia
• ISSN: 1582-2559

This study aimed to analyze the effect of Corporate Social Responsibility (CSR) on Company's Value (An Empirical Evidence in Indonesia Stock Exchange). This research was an explanatory research to test hypothesis and explain the phenomenon in the form of relationship among variables. The data analysis methods were using time series and cross section panel data analysis. The results showed that the economic variable of Corporate Social Responsibility had a significant effect on the company's value and the environment variable of Corporate Social Responsibility had no significant effect on the company's value.