Pengaruh Gender Diversity, Kebijakan Dividen Dan Corporate Social Responsibility Terhadap Nilai Perusahaan (studi Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2019)

Muhammad Ziaul- haq, Elly Suryan

Abstract

Abstrak Nilai perusahaan merupakan tujuan jangka panjang dari perusahaan. Meningkatnya nilai perusahaan dapat dilihat dari harga saham. Harga saham yang stabil dan harga saham maka nilai perusahaan dianggap semakin baik. Nilai perusahaan dapat menggambarkan baik atau tidaknya kinerja perusahaan, sehingga berdampak pada ketertarikan investor dalam berinvestasi di perusahaan. Harga saham yang meningkat dan stabil dapat menarik investor untuk menanamkan modal sehingga memberikan dampak bagi peningkatan nilai perusahaan. Penelitian ini dilakukan dengan tujuan untuk mengetahui pengaruh gender diversity, kebijakan dividen dan corporate social responsibility terhadap nilai perusahaan secara simultan dan parsial. Populasi pada penelitian ini yaitu perusahaan sektor pertambangan yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2016-2019. Pemilihan sampel dalam penelitian ini ditentukan dengan menggunakan purposive sampling sehingga diperoleh 14 perusahaan dengan pengamatan selama empat tahun. Metode pengolahan data yang digunakan adalah statistik deskriptif, uji asumsi klasik, analisis regresi data panel, uji t, uji f dan uji koefisien determinasi (R2 ) dengan menggunakan software Eviews 9.0. Hasil pengujian hipotesis yang telah dilakukan menunjukkan bahwa secara simultan gender diversity, kebijakan dividen dan corporate social responsibility berpengaruh terhadap nilai perusahaan. Secara parsial, kebijakan dividen berpengaruh positif terhadap nilai perusahaan. Sedangkan gender diversity dan corporate social responsibility tidak berpengaruh terhadap nilai perusahaan. Berdasarkan hasil penelitian ini, bagi peneliti selanjutnya diharapkan dapat memperpanjang periode penelitian, mengganti objek penelitian dan mengganti variabel independen seperti profitabilitas, kebijakan investasi, good corporate governance dan lainnya. Bagi manajemen perusahaan diharapkan dapat meningkatkan kebijakan dividen karena dapat meningkatkan nilai perusahaan. Bagi investor hasil penelitian ini diharapkan dapat menjadi bahan referensi dalam pengambilan keputusan untuk berinvestasi di perusahaan. Kata Kunci: Corporate Social Responsibility, Gender Diversity, Kebijakan Dividen, Nilai Perusahaan. Abstract Company value is a long-term goal of the company. The increasing value of the company can be seen from the stock price. Stable stock prices and stock prices, the value of the company is considered to be getting better. The value of the company can describe whether or not the company's performance is good, so that it has an impact on investor interest in investing in the company. An increasing and stable stock price can attract investors to invest so that it has an impact on increasing the value of the company. This research was conducted with the aim of knowing the effect of gender diversity, dividend policy and corporate social responsibility on firm value simultaneously and partially. The population in this study are mining sector companies listed on the Indonesia Stock Exchange (IDX) in 2016-2019. The sample selection in this study was determined using purposive sampling in order to obtain 14 companies with observations for four years. The data processing method used is descriptive statistics, classical assumption test, panel data regression analysis, t test, f test and coefficient of determination test (R2 ) using Eviews 9.0 software. The results of hypothesis testing that have been carried out show that simultaneously gender diversity, dividend policy and corporate social responsibility have an effect on firm value. Partially, dividend policy has a positive effect on firm value. Meanwhile, gender diversity and corporate social responsibility have no effect on firm value. Based on the results of this study, further researchers are expected to be able to extend the research period, change the object of research and replace independent variables such as profitability, investment policy, good corporate governance and others. For the company's management is expected to increase the dividend policy because it can increase the value of the company. For investors, the results of this study are expected to be a reference material in making decisions to invest in the company. ISSN : 2355-9357 e-Proceeding of Management : Vol.8, No.5 Oktober 2021 | Page 4989 Keywords: Corporate Social Responsibility, Company Value, Dividend Policy, Gender Diversity.

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