THE INFLUENCE OF GREEN ACCOUNTING AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE ON FINANCIAL PERFORMANCE

Abstract

This study aims to detemine whether Green Accounting and Corporate Social Responsibility disclosure affect the financial performance in energy sector companies listed on the Indonesia Stock Exchange for the period 2019-2023. The factors tested in this study are green accounting as measured by the PROPER rating obtained from the Ministry of Environment and Corporate Social Responsibility disclosure as measured according to the GRI index as independent variables and financial performance as measured by ROE as the dependent variable. The research method used in this study is the explanatory method. The population in this study are energy sector companies listed on the Indonesia Stock Exchange for the period 2019-2023, which totaled 435 companies. The sampling technique used was the purposive sampling method which resulted in a sample of 40 companies. Data analysis used in this study was multiple linear regression analysis at a significance level of 5% using the Eviews 13 program. The results of the study simultancously showed that green accounting and Corporate Social Responsibility disclosure has an effect on financial performance. While the results of the study partially showed that green accounting has no effect on financial performance and Corporate Social Responsibility disclosure has an effect on financial performance.