PENGARUH PROFITABILITAS DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2012-2021 DENGAN ISLAMIC SOCIAL REPORTING (ISR) SEBAGAI VARIABEL INTERVENING

This study aims to determine empirically the effect of profitability and capital structure on firm value with Islamic Social Reporting (ISR) as an intervening variable. The population used in this study are companies included in the Jakarta Islamic Index (JII). The research sample used purposive sampling technique by taking subjects based on criteria, namely companies that were consistently listed on the JII during the 2012-2021 period, so that a sample of 7 companies was obtained. The type of research is associative quantitative, the data used is secondary data in the form of company annual reports. This study uses panel data regression analysis as the analysis technique. The independent variable is profitability measured using Return on Assets (ROA) and capital structure measured using Debt to Equity (DER). The dependent variable is firm value measured using Tobin's Q, and Islamic Social Reporting (ISR) as an intervening variable measured using content analysis. The results showed that (1) profitability has no effect on ISR, (2) capital structure has no effect on ISR, (3) profitability affects firm value, (4) capital structure has no effect on firm value, (5) ISR affects firm value, (6) ISR is unable to mediate between profitability and firm value, (7) ISR is unable to mediate between capital structure and firm value.