The effect of green accounting and corporate social responsibility implementation on the profitability of mining companies
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Muhammad Nurrasyidin, Meutia Meutia 
, Elvin Bastian , Agus Sholikhan Yulianto
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
This study aims to examine the impact of corporate social responsibility (CSR) and green accounting implementation on the profitability of mining companies operating in Indonesia. The sample population for this research comprised mining companies listed on the Indonesia Stock Exchange from 2012 to 2021. For the data collection, the approach of purposeful sampling was selected. The study’s sample comprised 210 observations, which represented the entire population that had been acquired. The results of the hypotheses test suggest that the significance values of the CSR and green accounting variables do not correlate with the profitability variable. However, there are potential limitations to this research that warrant mention, including restricted sample size and an absence of control over additional variables that could impact the organization’s profitability. Green accounting and CSR practices continue to be crucial for ensuring environmental and social sustainability in the mining sector based on the legitimacy theory as explained by Deegan (2002). The study’s value is derived from its examination of a critical sector, specifically the mining industry, which is widely recognized for its substantial impact on economic expansion.
Keywords: Green Accounting, Corporate Social Responsibility, Profitability
Authors’ individual contribution: Conceptualization — M.N., M.M., and E.B.; Methodology — E.B. and A.S.Y.; Writing — Original Draft — M.N., M.M., and A.S.Y.; Writing — Review & Editing — E.B. and A.S.Y.; Supervision — M.M. and E.B.; Project Administration — E.B. and A.S.Y.; Funding Acquisition — M.N. and A.S.Y.
Declaration of conflicting interests: The Authors declare that there is no conflict of interest.
JEL Classification: G32, G34, M41, M48
Received: 06.08.2023
Accepted: 10.06.2024
Published online: 12.06.2024
How to cite this paper: Nurrasyidin, M., Meutia, M., Bastian, E., & Yulianto, A. S. (2024). The effect of green accounting and corporate social responsibility implementation on the profitability of mining companies. Corporate & Business Strategy Review, 5(3), 8–16. https://doi.org/10.22495/cbsrv5i3art1
