The Impact of Green accounting, CSR Disclosure and Capital Structure on Financial Performance

Julita  Fransiska; Inten Meutia; Emylia Yuniarti

doi:10.33395/owner.v10i3.3522

Authors

Julita Fransiska
✉ Corresponding author: julitafransiska@mdp.ac.id Universitas Sriwijaya
Inten Meutia Universitas Sriwijaya
Emylia Yuniarti Universitas Sriwijaya

DOI:

https://doi.org/10.33395/owner.v10i3.3522

Keywords:

Green Accounting, CSR Disclosure, Capital Structure, Financial Performance, Firm Size

Abstract

This study aims to analyze the effect of green accounting, CSR disclosure, and capital structure on financial performance, with firm size as a control variable, in consumer sector companies listed on the Indonesia Stock Exchange during the 2021 to 2024 period. This study uses a quantitative approach with a purposive sampling method and generates 284 observations. The data used are secondary data obtained from annual financial reports and sustainability reports. Data analysis was conducted using panel data regression with EViews 12. The results show that green accounting and capital structure have an effect on financial performance. These findings indicate that environmental cost management and financing structure play an important role in supporting corporate financial performance. On the other hand, CSR disclosure has no effect on financial performance, indicating that corporate social responsibility disclosure has not been able to make a significant contribution to the financial performance of consumer sector companies. Firm size, as a control variable, also has no effect on financial performance, indicating that company size is not a determining factor of financial performance. This study provides an empirical contribution by integrating green accounting, CSR disclosure, and capital structure into a single analytical model to explain the financial performance of consumer sector companies in Indonesia.

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