PENGARUH INVESTMENT OPPORTUNITY SET, CORPORATE SOCIAL RESPONSIBILITY DAN RISIKO BISNIS TERHADAP NILAI PERUSAHAAN SEKTOR CONSUMER GOODS NON-CYCLICAL
PENGARUH INVESTMENT OPPORTUNITY SET, CORPORATE SOCIAL RESPONSIBILITY DAN RISIKO BISNIS TERHADAP NILAI PERUSAHAAN SEKTOR CONSUMER GOODS NON-CYCLICAL
Keywords:
Investment Opportunity Set, Market to Book Value of Equity, Capital Expenditure to Book Value of Asset, Corporate Social Responsibility, Bussines RiskAbstract
This research aims to examine the influence of the Investment Opportunity Set (IOS), Corporate Social Responsibility (CSR) and business risk on the value of non-cyclical consumer goods sector companies listed on the Indonesia Stock Exchange (BEI) for the 2018-2022 period. Sampling in this research used purposive sampling using certain criteria to obtain a sample of 20 (twenty) companies with 5 (five) years of observation. The results of this research show that the Investment Opportunity Set (IOS) with the Market to Book Value of Equity ratio (MBVE) has a positive and significant effect on company value, while the Investment Opportunity Set (IOS) Capital Expenditure to Book Value of Assets (CE/BVA) has a positive but insignificant effect on company value. Corporate Social Responsibility (CSR) has a negative but insignificant effect on company value and business risk has a positive but insignificant effect on company value
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