THE EFFECT OF FINANCIAL PERFORMANCE, FIRM SIZE, AND CORPORATE SOCIAL RESPONSIBILITY TO THE FIRM VALUE IN INDONESIA BANKING INDUSTRY WITH CATEGORY BUKU III

Abstract

This research aims to determine the factors that affect firm value proxy by Tobin’s Q ratio. The determinants factors used financial performance in this research are non-performing loans, loan to deposit ratio, debt to equity ratio, return on equity along with other factors consist of firm size, and corporate social responsibility. Multiple regression panel data method is chosen to be used in this research with 10 banking companies that fulfill the criteria from category BUKU III during the period 2011 until 2017 that listed in Indonesia Stock Exchange. The results revealed that return on equity and firm size have a positive significant influence toward firm value while non-performing loans, loan to deposit ratio, debt to equity ratio, and corporate social responsibility have no significant influence toward firm value. However, all the independent variables have simultaneously significant influence toward firm value.