PENGARUH GREEN ACCOUNTING TERHADAP KINERJA PERUSAHAAN PT. SIDO MUNCUL
Artika Ratna Dewanti
Universitas Semarang
Febry Eko Widianto
Universitas Semarang
May Shitoh Eriani Kirana
Universitas Semarang
Keywords:
Green Accounting, Kinerja Perusahaan, Profilabilitas, Proper ,PT.Sidomuncul, Sustainable Development Goals,
Abstract
This research aims to analyze the effect of
implementing Green Accounting on the performance of
PT. SIDOMUNCUL Tbk. and investors' views on the
capital market over a period of 4 years (2019 – 2022).
This research uses company performance data (Y1) and
company value on the BEI stock exchange (Y2) as
dependent variables. Company performance is proxied
by ROE (Return on Equity), Company Value is proxied by
PVB (Price to Book Value). And using Environmental
Performance (KL) (X1) and Environmental Disclosure
(PL) (X2) as Independent Variables.
Environmental Performance is proxied by PROPER data
issued by the Ministry of Environment and Forestry, and
Environmental Disclosure is proxied by assessing
Environmental Disclosure in the Sustainability Report
based on 136 2016 GRI standard indicators. Data used
include: stock trading data on the Indonesian Stock
Exchange (BEI), Sustainability Report (SR), Financial
Reports, PROPER Data.
The research results reveal that Environmental
Performance and Environmental Disclosure have a
significant influence on Company Performance, while
Environmental Performance and Environmental
Disclosure have no influence on Investors' views but
cannot conclude whether investors are interested in
Green Accounting or not.
It is hoped that the results of this research will be useful
provide a deeper understanding of the company's
contribution in increasing the company's awareness of
the environment which is negatively influenced by the
company's own activities. This research will provide a
basis for companies to minimize environmental
problems as a support for sustainable development. It is
hoped that investors can also consider green accounting
in companies they will collaborate with.