THE EFFECT OF ENVIRONMENTAL ACCOUNTING AND ENVIRONMENTAL DISCLOSURE ON FINANCIAL PERFORMANCE WITH ENVIRONMENTAL PERFORMANCE AS A MODERATOR

Abstract

This research empirically determines the effect of environmental accounting and environmental disclosures on financial performance with environmental performance as a moderator. The samples include 11 energy, basic material, and industrial sector companies listed on the Indonesia Stock Exchange and participating in PROPER for the 2020–2022 period, selected through purposive sampling. The secondary data used in this research were analyzed using multiple regression and moderated regression with SPSS 25. The research results show that environmental disclosure has a significant effect on financial performance, while environmental accounting has no effect on financial performance. Environmental performance weakens the relationship between environmental accounting and financial performance, while environmental performance is unable to moderate the relationship between environmental disclosure and financial performance.