Between CSR and Profitability to Firm Value in Sri-Kehati Index

Abstract

This study aims to investigate the relationship between Corporate Social Responsibility (CSR), Profitability to Firm Value. The samples are all manufacturer companies that listed in SRI-KEHATI Index by using control samples (manufacturers company not listed in SRI-KEHATI Index). This study is empirically examined between CSR disclosure (environment, energy, health and safety, product, and community services), profitability (ROA) and firm value. For company that listed in Sri Kehati Index, this study found no significant relationship between CSR to firm value but there were positive significant relationship between profitability to firm value
Classification-JEL: O17; O55
Keywords: Corporate Social Responsibility (CSR), Corporate Social Responsibility Index (CSRI), Firm Value, Profitability, Firm Size