Title: THE INFLUENCE OF OWNERSHIP STRUCTURE AND CORPORATE SOCIAL RESPONSIBILITY ON COMPANY VALUE THROUGH PROFITABILITY
Authors:
Siti Nur Aisyah Maulidiah S.Akun, Dr. Ririn Irmadariyanti, M.Si., Ak and Dr. Wahyu Agus Winarno, S.E., M.Sc., Ak
Abstract:
The main goal of a company is to increase its company value. The high value of the company can describe the success of a company so that it can prosper the shareholders. The purpose of this study is to determine the effect of institutional ownership structure, managerial ownership, foreign ownership on company value through profitability. This study uses quantitative research. The research population includes manufacturing companies listed on the IDX in 2020- 2022. Sampling in this study used purposive sampling, so that a sample of 120 research samples was obtained. The data used in this study used secondary data obtained from the annual report of manufacturing companies. The data analysis method used multiple linear regressions using SPSS 24. Based on the results of the study, it can be concluded that institutional ownership does not affect profitability, managerial ownership affects profitability, foreign ownership does not affect profitability, corporate social responsibility affects profitability, institutional ownership does not affect company value, managerial ownership does not affect company value, foreign ownership affects company value, corporate social responsibility affects company value, profitability affects company value, profitability is unable to mediate the effect of institutional ownership, foreign ownership and corporate social responsibility on company value. However, profitability is able to mediate the influence of managerial ownership on firm value.
Keywords: Institutional Ownership, Managerial Ownership, Foreign Ownership, Profitability and Firm Value.
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