The Influence of Green Accounting, Corporate Social Responsibility and Company Size on Financial Performance (Empirical Study on Manufacturing Companies in the Basic and Chemical Sectors Listed on the Indonesia Stock Exchange in 2019–2023)

Abstract

This study assesses the influence of green accounting, corporate social responsibility (CSR), and company size on financial performance. The population consists of 71 manufacturing companies in the basic and chemical industry sector listed on the Indonesia Stock Exchange in 2019–2023. Using purposive sampling, nine companies were selected, yielding 45 firm-year observations. This quantitative study uses secondary data from annual reports, sustainability reports, and the PROPER ratings of the Ministry of Environment and Forestry, analyzed with multiple linear regression in SPSS version 26. Green accounting and CSR have significant negative effects on financial performance, whereas company size has a significant positive effect. Simultaneously, the three variables significantly affect financial performance and explain 63% of its variation.