Pengaruh Political Connection Dan Foreign Ownership Terhadap Nilai Perusahaan Melalui Corporate Social Responsibility

  • Paulus Tangke Universitas Atma Jaya Makasar
Keywords: political connection, foreign ownership, corporate social responsibility, Corporate Value, Stakeholder Theory

Abstract

This study aims to examine the effect of political connection and foreign ownership on firm value
through corporate social responsibility by using secondary data in the form of financial statements
of non-financial companies listed on the Indonesia Stock Exchange for the period 2006-2015. This
study uses path analysis with a multiple regression statistical test with the help of SPSS Version 24
software. This study uses stakeholder theory as the main theory and legitimacy theory as a supporting
theory. The results of this study indicate that Political Connection has a positive and significant effect
on Corporate Social Responsibility but has no significant effect on Firm Value. While Foreign
Ownership has a positive and significant effect on CSR and Corporate Value. The results of the sobel
test from this study indicate that CSR is a type no mediation in relation to political connection with
Corporate Value, also in the relationship of foreign ownership with Corporate Value, the CSR
variable is type no mediation.

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Published
2019-06-18
How to Cite
Tangke, P. (2019). Pengaruh Political Connection Dan Foreign Ownership Terhadap Nilai Perusahaan Melalui Corporate Social Responsibility. Jurnal Akuntansi Dan Keuangan Daerah, 14(1), 1-15. Retrieved from http://ejournal.akuntansiuncen.ac.id/index.php/JurnalAkuntansiUncen/article/view/84