THE INFLUENCE OF GREEN ACCOUNTING IMPLEMENTATION, INTELLECTUAL CAPITAL, AND CSR ON FIRM VALUE WITH BUSINESS STRATEGY AS A MODERATING VARIABLE IN ENERGY SECTOR COMPANIES LISTED ON THE IDX

M. Hoirul  Risqi; Wiwik  Fitria Ningsih; Mainatul  Ilmi

doi:10.31967/prmandala.v5i0.1184

M. Hoirul Risqi Institute Technology and Science Mandala
Wiwik Fitria Ningsih Institute Technology and Science Mandala
Mainatul Ilmi Institute Technology and Science Mandala

DOI: https://doi.org/10.31967/prmandala.v5i0.1184

Abstract

This research aims to determine the influence of Green Accounting, Intellectual Capital, and CSR on Firm Value with Business Strategy as a Moderating Variable, using data from 2019-2023 from the Indonesia Stock Exchange and company websites in the Energy sector. This study uses purposive sampling, resulting in a sample of 7 companies. The data analysis method used is multiple linear regression analysis with the help of IBM SPSS Statistics 25. Green Accounting is measured by PROPER, Intellectual Capital is measured by Value Added Intellectual Capital (VAIC), CSR is measured by the 2021 GRI Index, and Business Strategy is measured by Premium Price Capability (PPC). The results of the study indicate that all independent variables, Green Accounting, Intellectual Capital, and CSR, do not affect Firm Value. Business Strategy cannot moderate (strengthen or weaken) the influence of all independent variables, Green Accounting, Intellectual Capital, and CSR, on Firm Value.