The Role of Environmental Performance in Improving Financial Performance of Energy Sector Companies
Keywords:
environmental cost, green accounting, financial performance, GRI standardsAbstract
This study aims to test and analyze the effect of environmental costs and green accounting on financial performance with size and leverage as control variables. The population in this study was 83 energy sector companies listed on the Indonesia Stock Exchange in 2020 - 2022. The sample was taken using a purposive sampling method with a data analysis technique using linear regression analysis. Data analysis was carried out using SPSS application statistics. Based on the results of the study, it can be seen that environmental costs and green accounting partially affect financial performance. While simultaneously environmental costs and green accounting affect financial performance using size and leverage as control variables.
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