CARBON ACCOUNTING AND FINANCIAL PERFORMANCE: THE MODERATING EFFECT OF FIRM SIZE

This study aims to empirically examine the influence of carbon accounting on financial performance moderated by company size. The population of this study is mining companies listed on the Indonesia Stock Exchange (IDX) during 2020-2022. The sample in this study was determined using a purposive sampling technique which produced 231 observations. The research method used in this study is quantitative. The theory used is the stakeholder theory. Moderated Regression Analysis (MRA) tests the interaction effect of moderation variables. The results of the study show that carbon accounting has no effect on financial performance. However, when carbon accounting is moderated by the size of the company, its influence becomes significant and positive on financial performance. This means that the size of the company can moderate the relationship between carbon accounting and financial performance. The limitations of this study are that the sample is limited and relies on secondary data available from the company's annual and sustainability reports or other databases, which may not always be complete or accurate. Further research can examine industry-specific analysis, other moderation variables, geographic comparisons and use various financial performance measurements to provide a more comprehensive picture. Qualitative research is also recommended to provide deeper insights, as well as evaluate the impact on the pandemic.