Pengaruh Green Accounting dan Corporate Social Responsibility (CSR) Terhadap Nilai Perusahaan (Studi Kasus Perusahaan Manufaktur di BEI Periode 2020-2023)

Abstract

The rapid development of industry in Indonesia automatically affects the increase in company operational activities, which also has an impact on the environment and the community around the company. Several cases of environmental pollution due to company operational activities prove the lack of company awareness of the importance of protecting the environment, which also affects the company's value. Maximizing company value is important to do, because company value can generate investment for company development. According to the Triple Bottom Line concept, companies should not only focus on seeking profit, companies need to pay attention to the environment where their business activities are carried out (planet) and pay attention to their stakeholders (people). The application of this concept can be done through environmental disclosure and CSR in the company's accounting reports. One of the industrial sectors whose operational activities have the most potential to produce waste and environmental pollution is the manufacturing sector. This study aims to test the effect of green accounting and corporate social responsibility (CSR) on company value. This type of research is quantitative research with secondary data. The population in this study were manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2020-2023 period. The sample of this study was determined using the purposive sampling method, totaling 24 companies with a research period of four years. Data analysis techniques using multiple linear regression analysis using SPSS software version 25. The results of the study indicate that partially green accounting and corporate social responsibility (CSR) have a significant positive effect on company value. Therefore, in order to maximize company value, manufacturing companies need to implement green accounting and CSR which are also initial steps in minimizing environmental damage and as a form of corporate responsibility in environmental and social aspects.