THE INFLUENCE OF ENVIRONMENTAL ACCOUNTING AND FOREIGN OWNERSHIP ON COMPANY PERFORMANCE WITH SOCIAL RESPONSIBILITY AS A MODERATION

Abstract

The improvement of company performance serving as the highlight of a company is achieved through continuous environmental preservation-to prevent such industrial conflicts as natural damage due to exploitation, waste and pollution from environmentally detrimental business operational activities-as the company grows, and involves foreign investments. In other words, environmental accounting disclosure and foreign ownership are expected to improve company performance. This research aims to examine the effect of environmental accounting and foreign ownership on company performance with social responsibility as a moderator, involving 42 samples derived from 14 infrastructure, utilities and transportation companies listed on the Indonesia Stock Exchange in 2020 - 2022. Hypotheses are tested by multiple regression analysis and moderated regression analysis (MRA) utilizing SPSS. The results of the research exhibit that foreign ownership positively affects company performance, but environmental accounting negatively affects company performance; and social responsibility does not moderate the effect of environmental accounting and foreign ownership on company performance.