EFFECT OF APPLICATION OF GREEN ACCOUNTING AND CORPORATE SOCIAL RESPONSIBILTY AGAINST COMPANY VALUE AT MANUFACTURING COMPANY

PENGARUH PENERAPAN GREEN ACCOUNTING DAN CORPORATE SOCIAL RESPONSIBILTY TERHADAP NILAI PERUSAHAN PADA PERUSAHAAN MANUFAKTUR

Abstract

This study tests and analyzes how implementation of green accounting and corporate
social responsibility on firm value in manufacturing companies basic industrial and
chemical sectors listed on the Indonesia Stock Exchange in 2020-2022. The data came
from the Indonesian Stock Exchange’s annual report which was published. Twelve
manufacturing companies in the basic industrial and chemical that were listed on the
Indonesian Stock Exchange in 2020-2022 serve as the study’s sample. Data analysis was
done using SPSS version 26. The implementation of green accounting and corporate
social responsibility have a favorable and significant association, according to research
findings. However the green accounting variable has a negative impact on firm value
whereas the corporate social responsibility varaible has positive impact on firm value.