IMPROVING FINANCIAL PERFORMANCE MEDIATES COMPANY VALUE IN GREEN ACCOUNTING AND CORPORATE SOCIAL RESPONSIBILITY

Abstract

This study aims to identify and analyze the effect of green accounting and corporate social responsibility on company value and financial performance as an intervening variable in companies with the Jakarta Islamic Index 70 (JII 70) for the period 2019 – 2021. This type of research is quantitative with secondary data in the form of panel data. The data collection technique uses purposive sampling . The sample used was 22 companies registered on JII 70 for the 2019-2021 period. Data obtained from the company's Annual Report accessed through the website www.idx.co.id. The analytical method used is descriptive test, stationarity test, classic assumption test, F test, T test, R2 test ^, Sobel test and Path Analysis test . The results of this study indicate that the green accounting variable , financial performance has a significant positive effect on firm value, the corporate social responsibility variable has a significant negative effect on firm value. Based on the Sobel test and path analysis test , it shows that financial performance variables cannot mediate the effect of green accounting and corporate social responsibility on firm value.