Pengaruh Corporate Social Responsibility dan Green Accounting terhadap Nilai Perusahaan
Keywords:
Profitability, Leverage, Capital Intensity, Firm Size, Tax AvoidanceAbstract
This study examines how Corporate Social Responsibility (CSR) and Green Accounting affect firm value by considering profitability as a moderating variable. A quantitative approach is employed using secondary data obtained from financial statements, annual reports, and sustainability reports of industrial sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2024 period. The research sample consists of eight firms selected through purposive sampling. Data analysis is conducted using multiple linear regression and Moderated Regression Analysis (MRA) with SPSS version 26. The results indicate that CSR has a positive and statistically significant effect on firm value, whereas Green Accounting does not show a significant effect. Furthermore, profitability is found to strengthen the relationship between CSR and firm value, but it does not moderate the relationship between Green Accounting and firm value. This study provides empirical evidence on the role of sustainability practices in enhancing firm value in the industrial sector and offers practical insights for managers, investors, and policymakers in supporting strategic decision-making.
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