Pengaruh Penerapan Green Accounting dan Pengungkapan Corporate Social Responsibility (CSR) terhadap Nilai Perusahaan
Abstract
This study aimed to determine the effect of implementing green accounting and Corporate Social Responsibility Disclosure on firm value. The research was conducted in Indonesia mining companies listed on the Indonesia Stock Exchange with an observation period of 2018-2022. The sampling methode used was purposive sampling, while the research sample consisted of 14 companies that had followed PROPER and were indexed on the IDX. The data analysis technique used is Multiple Linear Regression Analysis. The study results show that applying green accounting has no effect on firm value and Corporate Social Responsibility Disclosure has a positive effect on firm value.
References
Alam, Z., & Tariq, Y. B. (2022). Corporate social responsibility disclosure quality and firm financial performance: evidence from an emerging economy. Global Business Review, 09721509221131729.
Alexander, N. (2023). Green Accounting and Firm Value. Accounting & Finance Review (AFR), 7(4).
Andreas, C., Wijaya, S., & Sembiring, J. C. (2021). Effect of Liquidity, Asset Management, Leverage and Dividend Policy on Firm Value at Food and Beverages Companies Listed on the Indonesia Stock Exchange. Budapest International Research and Critics Institute-Journal (BIRCI-Journal), 4(2), 2695–2701.
Astari, T. A., Laurens, S., Wicaksono, A., & Sujarminto, A. (2023). Green Accounting and Disclosure of Sustainability Report on Firm Values in Indonesia. E3S Web of Conferences, 426, 02024.
Astika, I. G., Suryandari, N. N. A., & Putra, G. B. B. (2019). Pengaruh Profitabilitas, Kebijakan Dividen Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2015-2018. Seminar Nasional Inovasi Dalam Penelitian Sains, Teknologi Dan Humaniora-InoBali, 574–585.
Astuti, W. B., & Ayuningtyas, R. D. (2019). Faktor-Faktor Yang Mempengaruhi Reputasi Lingkungan Perusahaan Indonesia. Sosio Dialektika, 4(2), 143-160.
Belinda, B., & Dewi, S. P. (2023). Factors Affecting Firm Value With Dividend Policy As Moderating Variable. International Journal of Application on Economics and Business, 1(2), 150–161.
Cho, S. J., Chung, C. Y., & Young, J. (2019). Study on the Relationship between CSR and Financial Performance. Sustainability, 11(2), 343.
Deegan, C. (2002). Introduction: The Legitimising Effect Of Social And Environmental Disclosures–A Theoretical Foundation. Accounting, Auditing & Accountability Journal, 15(3), 282–311.
Dowling, J., & Pfeffer, J. (1975). Organizational legitimacy: Social values and organizational behavior. Pacific Sociological Review, 18(1), 122–136.
Endiana, I. D. M., Dicriyani, N. L. G. M., Adiyadnya, M. S. P., & Putra, I. P. M. J. S. (2020). The effect of green accounting on corporate sustainability and financial performance. The Journal of Asian Finance, Economics and Business (JAFEB), 7(12), 731–738.
Era, T., & Basri, M. (2022). Corporate Social Responsibility and Firm Value of Mining Companies in Indonesia. Invoice: Jurnal Ilmu Akuntansi, 4(2), 206–219.
ErnitaSianturi, M. W. (2015). Pengaruh kinerja keuangan terhadap nilai perusahaan manufaktur sektor industri barang konsumsi di BEI. Jurnal Ilmu Administrasi Bisnis, 3(2), 282-296.
Faizah, B. S. Q. (2020). Penerapan Green Accounting Terhadap Kinerja Keuangan. Jurnal Riset Akuntansi Kontemporer, 12(2), 94–99.
Fluit, R. (2019). The relationship between CSR reporting quality and firm value–The mediation role of analysts.
Gray, R., Kouhy, R., & Lavers, S. (1995). Corporate social and environmental reporting: a review of the literature and a longitudinal study of UK disclosure. Accounting, auditing & accountability journal, 8(2), 47-77.
Gunawan, B., & Utami, S. S. (2008). Peranan corporate social responsibility dalam nilai perusahaan.
Gustinya, D. (2022). Pengaruh Penerapan Green Accounting Terhadap Nilai Perusahaan Manufaktur Peserta Proper Yang Listing Di Bursa Efek Indonesia Tahun 2017-2019.
Hummel, K., & Schlick, C. (2016). The relationship between sustainability performance and sustainability disclosure–Reconciling voluntary disclosure theory and legitimacy theory. Journal of accounting and public policy, 35(5), 455-476.
Jitmaneeroj, B. (2018). A latent variable analysis of corporate social responsibility and firm value. Managerial Finance, 44(4), 478–494.
Khan, M. A. (2023). Role of Corporate Social Responsibility (CSR) in the relationship between Green Accounting and Firm Value: Evidence from Indian Companies. Tuijin Jishu/Journal of Propulsion Technology, 44(4), 149–171.
Kristi, D., & Parasetya, M. T. (2021). Pengaruh Kualitas Informasi Pelaporan Corporate Social Responsibility Terhadap Reputasi Perusahaan (Studi Empiris Perusahaan yang Termasuk dalam Indeks LQ45 Bursa Efek Indonesia pada Tahun 2015-2019). Diponegoro Journal of Accounting, 10(4).
Kristopeni, P. P. (2022). Analisis Pengaruh Penerapan Green Accounting, Ukuran Perusahaan, dan Profitabilitas terhadap Nilai Perusahaan pada Perusahaan Subsektor Farmasi di Bursa Efek Indonesia. FIN-ACC (Finance Accounting), 7(6), 908–918.
Lako, A. (2018). Conceptual framework of green accounting. Accounting, 60–66.
Leitoniene, S., & Sapkauskiene, A. (2015). Quality of corporate social responsibility information. Procedia-Social and Behavioral Sciences, 213, 334-339.
Machmuddah, Z., Sari, D. W., & Utomo, S. D. (2020). Corporate social responsibility, profitability and firm value: Evidence from Indonesia. The Journal of Asian Finance, Economics and Business, 7(9), 631–638.
Murniati, M., & Sovita, I. (2021). Penerapan green accounting terhadap profitabilitas perusahaan makanan dan minuman di Bursa Efek Indonesia (BEI) tahun 2015–2019. Jurnal Ekonomi Dan Bisnis Dharma Andalas, 23(1), 109–122.
Rahman, M. M., & Islam, M. E. (2023). The impact of green accounting on environmental performance: mediating effects of energy efficiency. Environmental Science and Pollution Research, 30(26), 69431–69452.
Ramdhonah, Z., Solikin, I., & Sari, M. (2019). Pengaruh struktur modal, ukuran perusahaan, pertumbuhan perusahaan, dan profitabilitas terhadap nilai perusahaan (Studi empiris pada perusahaan sektor pertambangan yang terdaftar di Bursa Efek Indonesia tahun 2011-2017). Jurnal Riset Akuntansi Dan Keuangan, 7(1).
Reschiwati, R., Syahdina, A., & Handayani, S. (2020). Effect of liquidity, profitability, and size of companies on firm value. Utopia y Praxis Latinoamericana, 25(6), 325–332.
Riyadh, H. A., Al-Shmam, M. A., Huang, H. H., Gunawan, B., & Alfaiza, S. A. (2020). The analysis of green accounting cost impact on corporations financial performance. International Journal of Energy Economics and Policy, 10(6), 421–426.
Rochmawati, D., & Mildawati, T. (2019). Pengaruh Kinerja Keuangan Dan Kinerja Lingkungan Terhadap Nilai Perusahaan Dengancorporate Social Reponsibility Sebagai Variabel Moderasi. Jurnal Ilmu Dan Riset Akuntansi (JIRA), 8(8).
Rusmana, A. (2019). The Future of Organizational Communication In The Industrial Era 4.0: Book Chapter Komunikasi Organisasi. Media Akselerasi.
Sawitri, A. P., & Setiawan, N. (2017). Analisis pengaruh pengungkapan sustainability report, kinerja keuangan, dan kinerja lingkungan terhadap nilai perusahaan. Journal of Business & Banking, 7(2), 207-214.
Setya Permana, A. B., & Tjahjadi, B. (2020). Pengaruh pengungkapan lingkungan dan karbon terhadap nilai perusahaan. E-Jurnal Akuntansi, 30(4), 932.
Sharif, H. P., Johari, J., Fadzilah, W., & Theng, L. W. (2021). Impact of Integrated Reporting Quality Disclosure on Cost of Equity Capital in Australia and New Zealand. Indonesian Journal of Sustainability Accounting and Management, 5(2)
Sianturi, M. W. E. (2020). Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Manufaktur Sektor Industri Barang Konsumsi di BEI. eJournal Administrasi Bisnis, 8(4), 280–289.
Singh, S., Singh, A., Arora, S., & Mittal, S. (2019). Revolution of green accounting: A conceptual review. 2019 2nd International Conference on Power Energy, Environment and Intelligent Control (PEEIC), 481–485.
Sukmadilaga, C., Winarningsih, S., Yudianto, I., Lestari, T. U., & Ghani, E. K. (2023). Does Green Accounting Affect Firm Value? Evidence from ASEAN Countries. International Journal of Energy Economics and Policy, 13(2), 509.
Tylżanowski, R., Kazojć, K., & Miciuła, I. (2023). Exploring the Link between Energy Efficiency and the Environmental Dimension of Corporate Social Responsibility: A Case Study of International Companies in Poland. Energies, 16(16), 6080.
UY, W. S., & Hendrawati, E. (2020). Pengaruh Corporate Social Responsibility Dan Kinerja Lingkungan Terhadap Nilai Perusahaan. Liability, 2(2), 87–108.
Wicaksono, D. P. (2021). Pengaruh Pengungkapan Corporate Social Responsibility Terhadap Kinerja Keuangan Yang Dimediasi Oleh Reputasi Perusahaan. Jurnal Ilmiah Mahasiswa FEB, 9(2).
Widiastari, P. A., & Yasa, G. W. (2018). Pengaruh profitabilitas, free cash flow, dan ukuran perusahaan pada nilai perusahaan. E-Jurnal Akuntansi, 23(2), 957-981.
.png)
.png)
