Green Accounting, Kinerja Lingkungan, Struktur Modal Dan Ukuran Perusahaan Terhadap Kinerja Keuangan Sektor Basic material

Abstract

This study examines the effect of Green Accounting, environmental performance, capital structure, and firm size on financial performance in the basic materials sector over a five-year period (2020–2024). Given the inconsistent findings in previous literature, this research contributes empirical evidence regarding how green accounting, environmental performance, capital structure, and firm size influence financial performance among companies in the basic materials sector. Utilizing a quantitative method with a panel data approach, this study selected 24 companies over five years (yielding 120 observations) through a purposive sampling technique. Data retrieved from annual reports and PROPER reports were analyzed using multiple linear regression for panel data via EViews 12. The findings indicate that green accounting has a negative effect on financial performance. Meanwhile, environmental performance, capital structure, and firm size show no significant influence on financial performance.