The Effect Of Green Accounting And Corporate Social Responsibility On Financial Performance

Kezia Josephine, Vianty Adella Santo, Clarissa Giovanni Kusnandar

Abstract


Financial Performance is an analysis conducted to see the extent to which a company has run its business using financial implementation rules properly and correctly (Fahmi, 2014). There are several variables that can affect Financial Performance, which are focused on in this study are Green Accounting (GA) and Corporate Social Responsibility (CSR). GA is an accounting practice that considers the environmental impact of business activities. This includes measuring the costs and benefits associated with the use of natural resources and waste produced. GA can have a significant impact on a company's financial performance. The next variable is CSR. CSR has the potential to provide a significant positive impact on a company's financial performance. Although there are initial costs to be borne, long-term benefits, such as increased reputation, customer loyalty, and access to capital, can result in better financial performance. The purpose of the study was to test and provide empirical evidence of the influence of independent variables, namely Green Accounting as measured by Proper Performance Rating and Corporate Social Responsibility (CSR) as measured by LN Charitable Donations on the dependent variable, namely Financial Performance as measured by Return On Asset (ROA). This study will further use multiple regression analysis which begins with descriptive statistical testing, classical assumption testing and hypothesis testing. Data testing is assisted by using the SPSS program. The result of this study show that GA has an effect to FP and CSR has no effect on FP

Keywords


Corporate Social Responsibility; Green Accounting; Financial Performance

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References


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DOI: http://dx.doi.org/10.31000/bvaj.v9i1.13892

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