Daniya Fatima Salsabila (2023). The Effect of Debt to Equity Ratio, Return on Asset, Firm Size, and Corporate Social Responsibility on Firm Value (Empirical Study on Energy Sector Companies in The Oil, Gas, and Coal Sub Sector Listed on The Indonesia Stock Exchange for the Period 2018-2022).

Advisor: Dr. Kadir, Drs, M.Si, Ak, CA

The purposed of this study are to test and analyze the effect of debt to equity ratio, return on asset, firm size, corporate social responsibility on firm value. The independent variables used in this study are debt to equity ratio, return on asset, firm size, and corporate social responsibility. While the dependent variable used in this study is firm value that measured using the Tobin’s Q.

The population of this study are Energy Sector Companies in The Oil, Gas, and Coal Sub Sector Listed on The Indonesia Stock Exchange for the Period 2018-2022. Sample selected is by purposive sampling and obtained a sample of 18 energy sector companies based on certain criteria. The analysis technique used on this study was multiple regression analysis through the SPSS version 26 program.

Results of this research indicate that debt to equity ratio does significantly affect the firm value, return on asset does not significantly affect the firm value, firm size does significantly affect the firm value, and CSR does significantly affect the firm value.

Keywords: Debt to Equity Ratio, Return on Asset, Firm Size, Corporate Social Responsibility, Firm Value.