PENGARUH GREEN ACCOUNTING TERHADAP KINERJA KEUANGAN DENGAN CORPORATE SOCIAL RESPONSIBILITY SEBAGAI VARIABEL MEDIASI PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

This study aims to examine how green accounting impact the financial performance of manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2024. Green accounting is measured using the Corporate Performance Rating Program in Environmental Management (PROPER), while financial performance is projected by Return on Assets (ROA), and Corporate Social Responsibility (CSR). This studi’s population is all manufacturing companies listed on the Indonesia Stock Exchange. A purposive sampling technique was used, resulting in 29 companies as research samples and 145 observation units over a five-year period. The data analysis method used was simple linear regression analysis and a mediation test using the Structural Equation Model (SEM), which was used with the help of the STATA 17 program. The study found that Corporate Social Responsibility (CSR) has a positive and significant impact on corporate financial performance. However, CSR does not have a significant impact on corporate financial performance. In addition, the result of the mediation test indicate that Corporate Social Responsibility (CSR) cannot regulate the relationship between green accounting and financial performance. This is because green accounting does not have a significant impact on CSR, which is one of the main requirement of the mediation test. The result of this study indicate that the implementation of green accounting cannot improve financial performance either directly or indirectly.