Company Size Moderates the Effect of Green Accounting and Covid-19 on Profitability

Mochamad Latif Aziz, Eko Suyono, Puji Lestari, Agung Praptapa

Abstract


This study aims to test and analyze the effect of green accounting and the COVID-19 on profitability moderated by company size in mining and manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2018-2021 period. The type of data used is secondary data in the form of annual reports for each company. The number of samples used in this study amounted to 58 research samples. The results of the study using SPSS version 25 show that: (1) Green accounting has a negative effect on profitability. (2) The COVID-19 has a negative effect on profitability. (3) Company size can weaken the relationship between green accounting and profitability. (4) Company size cannot moderate the relationship between the COVID-19 and profitability.

The implication of the conclusions in this study is that green accounting has a negative effect on profitability. This study proves that the greater the environmental costs, the lower the company's profitability. The COVID-19 has a negative effect on company profitability, proving that the COVID-19 has a negative impact on companies in obtaining profits. Company size can weaken the relationship between green accounting and profitability, proving that the costs sacrificed by companies to carry out environmental performance will have a significant impact on profitability for small companies, in contrast to large companies which have a less significant effect on company profitability. Company size cannot moderate the relationship between the COVID-19 and profitability, proving that neither large nor small companies are able to avoid the adverse effects of the COVID-19.

Keywords: Green Accounting, COVID-19, Profitability, Company Size

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References


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