Corporate Value, Performance, and Reputation: Evidence from Indonesia

  • Ni Made Indah Alami Pertiwi Udayana University, Kampus UNUD Rd., Bali 80361, Indonesia
  • Gerianta Wirawan Yasa Udayana University, Kampus UNUD Rd., Bali 80361, Indonesia
Keywords: Corporate Social Responsibility, Economic Value Added, Return on Asset, Tobin’s Q.


This study was done due to raise more empirical evidence on the effect of corporate performance and corporate social responsibility to corporate value. This study use Return on Asset (ROA), Economic Value Added (EVA), and Corporate Social Responsibility Disclosure (CSR) as independent variables, and Tobin’s Q as an indicator of corporate value as dependent variable. This study is using a total of 138 manufacturing company that listed in Indonesian Stock Exchange during 2012 – 2016, and a total of 43 companies are selected by using purposive sampling method. This study is using multiple linear regresson analysis to analyze the data. This study suggest that both variable ROA and EVA have positive impact to corporate value, while CSR has negative impact to corporate value.


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