Firm Size Moderation on Green Accounting, Environmental Performance, Earnings Quality, and Financial Performance
DOI:
https://doi.org/10.22437/proca.v2i3.60015Keywords:
Green Accounting, Environmental Performance, Earnings Quality, Financial Performance, Firm SizeAbstract
Growing environmental concerns and increasing stakeholder expectations have encouraged companies to adopt sustainable business practices while improving financial performance. However, previous studies have reported inconsistent findings regarding the effects of green accounting, environmental performance, earnings quality, and firm size on financial performance. This study aims to examine the effects of green accounting, environmental performance, and earnings quality on financial performance and to investigate the moderating role of firm size. A quantitative approach was employed using secondary data from the annual and sustainability reports of mining companies listed on the Indonesia Stock Exchange during the 2021–2024 period. The sample was selected using purposive sampling, and the data were analyzed using panel data regression and Moderated Regression Analysis (MRA) were performed using EViews 12. The results indicate that green accounting and firm size have a positive and significant effect on financial performance, whereas environmental performance and earnings quality do not significantly affect financial performance. In addition, firm size negatively moderates the relationship between green accounting and financial performance as well as between environmental performance and financial performance, but it does not moderate the relationship between earnings quality and financial performance. These findings suggest that implementing green accounting contributes to better financial performance, although the financial benefits of environmental initiatives tend to decline as firm size increases due to higher environmental costs.References
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