Abstract

This study aims to determine the relationship between Corporate Social Responsibility (CSR), Good Corporate Governance (GCG), cash holding, and company size on firm value. The background of this study is due to the many previous studies that show different results of the influence of each factor of CSR, GCG, cash holding, and company size on firm value. The population used in this study are companies included in the basic and chemical industries listed on the IDX in 2021-2023. The sampling technique in this study was a purposive sampling technique. The amount of data that meets the criteria after being reduced by outliers is 33 data samples. The analysis technique used is multiple linear regression analysis using SPSS version 25. The results showed that CSR has a positive effect on firm value, GCG has no effect on firm value, cash holding has a positive effect on firm value, and company size has no effect on firm value. In other words, CSR and cash holding are able to increase firm value, but GCG and firm size are not able to increase firm value because they have no effect on firm value. These findings indicate that CSR and cash holding are important factors that can increase the value of basic and chemical industry companies in Indonesia.

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