Influence of Green Accounting, Company Size, Leverage, And Profitability on Return On Asset (ROA) of Mining Companies
DOI:
https://doi.org/10.37638/bima.6.2.1261-1272Keywords:
Green accounting, Firm size, Leverage, Profitability, Return on Asset, Financial Performance (ROA)Abstract
Purpose: This study aims to examine the influence of green accounting, company size, leverage (DER), and profitability (NPM) on return oon asset (ROA) of mining companies during the 2019–2024 period. Methodology: This research uses a descriptive quantitative approach with multiple linear regression analysis. A total of 275 observations were analyzed using SPSS Statistics 25 as the data processing tool. Results: The results show that green accounting and company size have a significant positive effect on ROA. Meanwhile, DER and NPM have no significant effect on ROA. The coefficient of determination (R²) is 16.7%, indicating that the independent variables explain 16.7% of the variation in ROA. Findings: The main finding highlights the importance of green accounting and company scale in improving ROA. Novelty: This study introduces a novelty by combining green accounting, firm size, leverage, and profitability to examine ROA over the post-pandemic period (2019–2024). Originality: The originality lies in the independently constructed conceptual framework and the integration of stakeholder and legitimacy theory in interpreting the findings. Conclusion: Implementing green accounting and increasing company size can enhance financial performance as measured by ROA. Type of Paper: Empirical Research.
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