DAFTAR ISI

Halaman

HALAMAN SAMPUL .................................................................................... i

LEMBAR PERSETUJUAN PEMBIMBING SKRIPSI ................................. ii
LEMBAR PERSETUJUAN DAN PENGESAHAN SKRIPSI ....................... iii
PERNYATAAN KEASLIAN TULISAN ....................................................... iv
MOTTO ........................................................................................................... v
PERSEMBAHAN ........................................................................................... vi
ABSTRAK ....................................................................................................... vii
KATA PENGANTAR ..................................................................................... viii
DAFTAR ISI ................................................................................................... x
DAFTAR TABEL ........................................................................................... xiii
DAFTAR GAMBAR ....................................................................................... xiv
DAFTAR LAMPIRAN ................................................................................... xv

BAB I PENDAHULUAN
1.1 Latar Belakang Masalah ................................................................ 1
1.2 Rumusan Masalah .......................................................................... 8
1.3 Tujuan Penelitian ........................................................................... 9
1.4 Manfaat Penelitian ......................................................................... 9
1.4.1 Manfaat Teoritis .................................................................... 9
1.4.2 Manfaat Praktis ..................................................................... 10

BAB II TINJAUAN PUSTAKA

2.1 Tinjauan Teoritik ........................................................................... 12
2.1.1 Signal Theory ........................................................................ 12
2.1.2 Stakeholder Theory ............................................................... 13
2.1.3 Legitimacy Theory ................................................................ 14
2.1.4 Pecking Order Theory ........................................................... 15
2.1.5 Profitabilitas .......................................................................... 16
2.1.6 Konsep Corporate Social Responsibility .............................. 17
2.1.7 Pengungkapan Corporate Social Responsibility ................... 21
2.1.8 Nilai Perusahaan ................................................................... 24
2.1.9 Leverage ................................................................................ 26
2.2 Tinjauan Empirik ........................................................................... 27
2.3 Rerangka Konseptual Penelitian .................................................... 30
2.4 Hipotesis Penelitian ....................................................................... 31

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 2.4.1 Pengaruh Profitabilitas terhadap Nilai Perusahaan ............... 31
2.4.2 Pengaruh Pengungkapan Corporate Social Responsibility
terhadap Nilai Perusahaan ..................................................... 32
2.4.3 Pengaruh Leverage (DTA) sebagai Variabel Moderating
terhadap Hubungan antara Profitabilitas dengan Nilai
Perusahaan ............................................................................ 34
2.4.4 Pengaruh Leverage (DTA) sebagai Variabel Moderating
terhadap Hubungan antara Pengungkapan Corporate
Social responsibility dengan Nilai Perusahaan ..................... 35

BAB III METODE PENELITIAN

3.1 Rancangan Penelitian ..................................................................... 37
3.2 Ruang Lingkup Penelitian .............................................................. 38
3.3 Populasi dan Sampel ...................................................................... 38
3.3.1 Populasi ................................................................................. 38
3.3.2 Sampel ................................................................................... 39
3.4 Jenis dan Sumber Data .................................................................... 41
3.4.1 Jenis Data .............................................................................. 41
3.4.2 Sumber Data .......................................................................... 41
3.5 Teknik dan Pengumpulan Data ....................................................... 42
3.6 Definisi Operasional Variabel ......................................................... 43
3.6.1 Variabel Independen ............................................................. 43
3.6.2 Variabel Dependen ................................................................ 45
3.6.3 Variabel Moderating ............................................................. 46
3.7 Instrumen Penelitian ....................................................................... 47
3.8 Teknik Analisis Data ....................................................................... 48
3.8.1 Analisis Statistik Deskriptif .................................................. 48
3.8.2 Uji Asumsi Klasik ................................................................. 48
3.8.2.1 Uji Multikoliearitas .................................................. 49
3.8.2.2 Uji Autokorelasi ...................................................... 49
3.8.2.3 Uji Normalitas ......................................................... 49
3.8.2.4 Uji Heteroskedastisitas ............................................ 50
3.8.3 Analisis Regresi .................................................................... 51
3.8.4 Uji Hipotesis ......................................................................... 52
3.8.4.1 Uji Signifikan Parameter Individual (Uji Statistik t) 52
3.8.4.2 Uji Signifikansi Simultan (Uji Statistik f) ............... 53
3.8.4.3 Uji Koefisien Determinasi (R Square) ..................... 54

BAB IV HASIL PENELITIAN

4.1 Deskripsi Data Variabel Penelitian.................................................. 55
4.2 Analisis Data ................................................................................. 57

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 4.2.1 Statistik Deskriptif ................................................................ 57
4.2.2 Asumsi klasik ........................................................................ 60
4.2.2.1 Uji Multikolinearitas ................................................. 60
4.2.2.2 Uji Autokorelasi ........................................................ 60
4.2.2.3 Uji Normalitas ........................................................... 61
4.2.2.4 Uji Heteroskedastisitas .............................................. 62
4.2.3 Analisis Regresi .................................................................... 61
4.2.4 Uji Hipotesis ......................................................................... 65
4.2.4.1 Uji Signifikansi Parameter Individual (Uji Statistik t) 65
4.2.4.2 Uji Signifikansi Simultan (Uji f) ............................... 67
4.2.4.3 Uji Koefisien Determinasi (R Square) ...................... 68

BAB V PEMBAHASAN
5.1 Pengaruh Profitabilitas terhadap Nilai Perusahaan ......................... 69
5.2 Pengaruh Pengungkapan Corporate Social Responsibility
terhadap Nilai Perusahaan ............................................................... 71
5.2 Pengaruh Leverage (DTA) sebagai Variabel Moderating
terhadap Hubungan antara Profitablitas (ROA) dengan
Nilai Perusahaan ............................................................................. 75
5.4 Pengaruh Leverage (DTA) sebagai Variabel Moderating
terhadap Hubungan antara Pengungkapan Corporate Social
Responsibility terhadap Nilai Perusahaan ....................................... 77

BAB VI PENUTUP
6.1 Kesimpulan ...................................................................................... 80
6.2 Keterbatasan Penelitian ................................................................... 80
6.3 Saran ................................................................................................ 80

DAFTAR RUJUKAN ...................................................................................... 82

LAMPIRAN .................................................................................................... 91
RIWAYAT HIDUP ......................................................................................... 116

DAFTAR TABEL

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Tabel Halaman
2.1 Gap Research Penelitian-penelitian Terdahulu ..................................... 29
3.1 Sampel Penelitian Periode 2014-2016 ................................................... 40
3.2 Daftar Perusahaan Sampel ..................................................................... 40
4.1 Variabel Penelitian Periode 2014-2016 ................................................. 56
4.2 Statistik Deskriptif ................................................................................. 57
4.3 Uji Multikolinearitas .............................................................................. 60
4.4 Uji Autokorelasi .................................................................................... 61
4.5 Uji Normalitas ...................................................................................... 61
4.6 Uji Heteroskedastisitas .......................................................................... 62
4.7 Analisis Regresi Moderasian ................................................................. 63
4.8 Uji Signifikansi Simultan ...................................................................... 67
4.9 Uji Koefisien Determinasi ..................................................................... 68

DAFTAR GAMBAR

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Gambar Halaman
2.1 Rerangka Konseptual Penelitian ............................................................... 31
4.1 Hasil Uji Hipotesis ....................................................................................65

DAFTAR LAMPIRAN

Lampiran Halaman
1 Output Hasil Analisis Deskriptif, Regresi Moderasian, dan Uji Asumsi

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 Klasik ........................................................................................................ 91
2 Check List Item-item Pengungkapan berdasarkan GRI G4 ...................... 93
3 Penilaian Pengungkapan CSR Tahun 2014............................................... 100
4 Penilaian Pengungkapan CSR Tahun 2015 .............................................. 103
5 Penilaian Pengungkapan CSR Tahun 2016 .............................................. 106
6 Return On Asset ........................................................................................ 109
7 Debt to Total Asset .................................................................................... 111
8 Tobins Q .................................................................................................... 113

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