The Effect of Green Accounting and CSR Disclosure to Profitability of LQ 45 Companies in Indonesia

Abstract

The Research aimed to find out the effect of green accounting application and corporate social responsibility disclosure toward profitability of LQ 45 Companies in Indonesia. The independent variable were green accounting variable and CSR disclosure which its’ green accounting in this research were environmental performance and environmental cost, while the dependent variable was profitability that proxied by Return on Asset (ROA) and Return on Equity (ROE). The Research objects were the LQ45 Listed on Indonesia Stock Exchange within 2016-2020 period. The Sampling technique was purposive sampling and the total sample obtained 15 sample companies, while the data analysis techniques were descriptive statistic, classic assumption test, multiple regression analysis and hypothesis test. The Research result showed that the environmental performance positively effect profitability is proxied by ROA and ROE. While environmental cost and corporate social responsibility disclosure did not have significant affect profitability proxied by ROA and ROE.