PAPER ID 037

THE ROLE OF ISLAMIC SOCIAL REPORTING, ISLAMIC CORPORATE GOVERNANCE AND MAQASHID SYARIAH INDEX ON FIRM VALUE WITH FIRM SIZE AS MODERATION VARIABLE

Ulfi Kartika Oktaviana, Tiara Juliana Jaya, Titis Miranti
UIN Maulana Malik Ibrahim Malang

ABSTRACT
The purpose of this study is to know the influence of Islamic social reporting (ISR), Islamic Corporate Governance (ICG), Maqashid Syariah Index (MSI) on the value of the firm, and the role of the firm in moderating ISR, ICG, MSI on the value of the firm. The difference with previous research has only ICG and MSI on the value of companies by the size of the firm as moderation variables. The data analysis technique used includes descriptive analysis, classical assumption test, and linear regression analysis. Descriptive research is describing the collected sample data without aiming to make conclusions. This study’s main variables are the independent variable, the dependent variable, and the moderating variable. Islamic Social Reporting (ISR), Islamic Corporate Governance (ICG), Maqashid Shariah Index (MSI), as independent variables, Firm Value (FV) as a related variable or dependent variables, while Firm Size (CS) is a moderating variable. The results showed that ISR has no effect on the value of the firm and cannot moderate the value of the firm, but inversely proportional to ICG and MSI, which affects the value of the firm and can moderate the value of the firm.

Keywords: Islamic Social Reporting (ISR), Islamic Corporate Governance (ICG), Maqashid Shariah Index
(MSI), Firm Value, Moderation Variable