The purpose of this study is to examine the effect of stakeholder power and profitability on firm value with corporate social responsibility disclosure as a moderation variable. The populations of this study were SRI-KEHATI Index listed in BEI in period 2013 – 2017. Samples were determined by purposive sampling method with 18 samples. The result has shown that: 1). Government power had no significant effect on firm value, 2). Creditor power had no significant effect on firm value, 3) Profitability had significant effect on firm value, 4) Corporate social responsibility (CSR) disclosure as a moderating variable are not able to moderate the effect of government power and firm value, 5) Corporate social responsibility (CSR) disclosure as a moderating variable are not able to moderate the effect of creditor power and firm value, 6) Corporate social responsibility (CSR) disclosure as a moderating variable are not able to moderate the effect of profitability and firm value.