Abstract:
Corporate social responsibility has become the focus of increasing attention in
the business world because of its potential to affect the company's financial
performance, reputation and firm value. However, with audit tenure and firm size as
moderating variables, CSR does not necessarily increase firm value. This phenomenon
is interesting to investigate further. The purpose of this research is to determine the
effect of CSR on firm value with audit tenure and firm size as moderating variables.
This research was conducted with a focus on state-owned enterprises (SOES) listed on
the IDX for the period 2013-2022, with a total of 110 samples of SOES. From the test
it was found that CSR has a significant positive effect on Firm Value, Audit tenure is
not able to moderate the relationship between CSR and firm value in companies with
long audit tenure. Meanwhile, firm size moderates the relationship between CSR and
firm value, in companies with larger size. From the analysis, it can be concluded that
only firm size is able to moderate significantly the relationship between corporate
social responsibility and Firm Value in SOES companies.
