Article Sidebar

Download
PDF
Statistic
Read Counter : 44 Download : 37

Main Article Content

Abstract

Profitability plays an important role in reflecting a company's performance in generating profits. Therefore, this study was conducted to demonstrate the effects of corporate governance, green accounting, and leverage on company profitability. This study utilizes a quantitative approach with secondary data. The research population comprises companies listed on the Pefindo I-Grade Index. The sample size is 30 companies over a 5-year period, resulting in 150 samples. Over a period of five years, data was collected from various companies, resulting in a total of 150 samples. A regression analysis was conducted, and the findings from this test indicate that corporate governance and green accounting do not have impact on company profitability, whereas the leverage ratio has a negative and significant effect on company profitability.

Keywords

Corporate Governance Green Accounting Leverage Profitability

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Setiadi, A. D. P., Hutabarat, F. M., & Sinaga, J. T. G. (2024). The Effect of Corporate Governance, Green Accounting and Leverage on Company Profitability on Pefindo I-Grade Index. Ilomata International Journal of Tax and Accounting, 5(3), 747-763. https://doi.org/10.61194/ijtc.v5i3.1415

References

  1. Afrianti, D., & Purwaningsih, E. (2022a). The Effect of Leverage, Liquidity and Asset Growth on Profitability. Jurnal Ilmiah MEA (Manajemen, Ekonomi, Dan Akuntansi), 6(2), 1781–1796.
  2. Afrianti, D., & Purwaningsih, E. (2022b). The Effect of Leverage, Liquidity and Asset Growth on Profitability. Jurnal Ilmiah MEA (Manajemen, Ekonomi, Dan Akuntansi), 6(2), 1781–1796.
  3. Afritenti, H., Fitriyani, D., & Susfayetti, S. (2020). Faktor-faktor yang Mempengaruhi Kepatuhan Wajib Pajak Orang Pribadi yang Melakukan Pekerjaan Bebas yang Terdaftar di KPP Pratama Jambi. Jambi Accounting Review (JAR), 1(1), 63–79. https://doi.org/10.22437/jar.v1i1.10945
  4. Ahmed, E., Alabdullah, T., Thottoli, M., & Maryanti, E. (2020). Does Corporate Governance Predict Firm Profitability? an Empirical Study in Oman. The International Journal of Accounting and Business Society, 28(1), 161–177. https://doi.org/10.21776/ub.ijabs.2020.28.1.7
  5. Alfian Sayuti. (2024). Tingkat Pengungkapan Emisi dan Kepatuhan Lingkungan: Analisis Sebelum dan Sesudah Penerapan Aturan OJK No. 16/SEOJK.04/2021 dalam Konteks Teori Legitimasi dan Stakeholder Alfian. Jurnal Ilmiah Ekonimo Dan Bisnis, 2(7), 834–848.
  6. Almashhadani, M., Almashhadani, H., & Almashhadani, H. A. (2022). Corporate Governance as an Internal Control Mechanism and its Impact on Corporate Performance. International Journal of Business and Management Invention (IJBMI) ISSN, 11(August), 53–59. https://doi.org/10.35629/8028-11085359
  7. Amin, M. A. N., & Khilmi, T. A. (2023). Pengaruh Likuiditas, Leverage, dan Growth Terhadap Kinerja. JIBEMA: Jurnal Ilmu Bisnis, Ekonomi, Manajemen, Dan Akuntansi, 1(1), 1–17. https://doi.org/10.62421/jibema.v1i1.2
  8. Aminuddin Hamdat, Muh. Rizal, Murdin Muchsidin, Muspa, & Fathu Ramadhani. (2023a). The Effect of Profitability and Leverage on Profit Management in Manufacturing Companies Listed on the Indonesia Stock Exchange. Formosa Journal of Sustainable Research, 2(2), 325–340. https://doi.org/10.55927/fjsr.v2i2.3077
  9. Aminuddin Hamdat, Muh. Rizal, Murdin Muchsidin, Muspa, & Fathu Ramadhani. (2023b). The Effect of Profitability and Leverage on Profit Management in Manufacturing Companies Listed on the Indonesia Stock Exchange. Formosa Journal of Sustainable Research, 2(2), 325–340. https://doi.org/10.55927/fjsr.v2i2.3077
  10. Anisa, N., Hermuningsih, S., & Maulida, A. (2021). Pengaruh Ukuran Perusahaan, Leverage, Kebijakan Dividen dan Profitabilitas terhadap Nilai Perusahaan Studi pada Perusahaan Manufaktur Sektor Food And Beverages. Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah, 4(3), 626–640. https://doi.org/10.47467/alkharaj.v4i3.708
  11. Fhuspa, K. A. (2023). Dampak Keuntungan, Ketersediaan Dana, Penggunaan Utang, dan Aktivitas Bisnis Terhadap Posisi Sukuk. Journal of Economics, Finance, and Social …, 1(2), 42–56.
  12. Goldie Kelly, S., & Deliza Henny. (2023). Pengaruh Green Accounting Dan Kinerja Lingkungan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Moderasi. Jurnal Ekonomi Trisakti, 3(2), 3301–3310. https://doi.org/10.25105/jet.v3i2.18051
  13. Hadriyani, N. L. I., & Dewi, N. W. Y. (2022a). Pengaruh Aspek Green Accounting Terhadap Profitabilitas Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi ) Universitas Pendidikan Ganesha, 13(2), 357–367.
  14. Hadriyani, N. L. I., & Dewi, N. W. Y. (2022b). Pengaruh Aspek Green Accounting Terhadap Profitabilitas Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi ) Universitas Pendidikan Ganesha, 13(2), 357–367.
  15. Hernandez, S., Alvarez, T., Remo, R., & Vincenzo, P. (2022). Working Capital Management and Profitability: Empirical Evidence from an Emergent Economy. Journal of Business Management and Economic Research, 13(1), 1–7.
  16. Kaunang, F. V., Tagal, J., & Sinaga, G. (2023). Analysis Of Profitability And Liquidia Ratio In Measuring Financial Performance In Pharmaceutical Companies Listed On The Idx In. Jurnal Ekonomi, 12(02), 842–848.
  17. Kusuma, A., Desy, D., & Anggraini, I. (2023a). Pengaruh Penerapan Green Accounting Terhadap Profitabilitas Pada Perusahaan Manufaktur. Bisnis, Dan Sosial), 1(1), 161–171.
  18. Kusuma, A., Desy, D., & Anggraini, I. (2023b). Pengaruh Penerapan Green Accounting Terhadap Profitabilitas Pada Perusahaan Manufaktur. Bisnis, Dan Sosial), 1(1), 161–171.
  19. Muanifah, S., & Cahyani, Y. (2024). Green Accounting Memoderasi Material Flow Cost Accounting terhadap Peningkatan Keberlangsungan Perusahaan. AKADEMIK: Jurnal Mahasiswa Ekonomi & …, 4(1), 120–131.
  20. Nailufaroh, L., Suprihatin, N. S., & Mahardini, N. Y. (2022a). The Impact of Leverage, Managerial Ownership, and Capital Intensity on Tax Avoidance. Jurnal Keuangan Dan Perbankan (KEBAN), 1(2), 35–46. https://doi.org/10.30656/jkk.v1i2.4490
  21. Nailufaroh, L., Suprihatin, N. S., & Mahardini, N. Y. (2022b). The Impact of Leverage, Managerial Ownership, and Capital Intensity on Tax Avoidance. Jurnal Keuangan Dan Perbankan (KEBAN), 1(2), 35–46. https://doi.org/10.30656/jkk.v1i2.4490
  22. Nilla, W. C. H., & Slamet, R. (2023a). Pengaruh Green Accounting dan Good Corporate Governance Terhadap Kinerja Keuangan Pada Perusahaan Sub Sektor Industri Kimia Yang Terdaftar Di Bursa Efek Indonesia ( BEI ) Pada Tahun 2018-2021. Jurnal Ekonomi Bisnis, Manajemen, Dan Akuntantansi (JEBMAK), 2(1), 1–18.
  23. Nilla, W. C. H., & Slamet, R. (2023b). Pengaruh Green Accounting dan Good Corporate Governance Terhadap Kinerja Keuangan Pada Perusahaan Sub Sektor Industri Kimia Yang Terdaftar Di Bursa Efek Indonesia ( BEI ) Pada Tahun 2018-2021. Jurnal Ekonomi Bisnis, Manajemen, Dan Akuntantansi (JEBMAK), 2(1), 1–18.
  24. Ningrum, S. A., & Suyadi. (2023a). Pengaruh Tax Avoidance Dan Leverage Terhadap Return on Assets (Roa) Pada. Jurnal Akuntasi Dan Keuangan Entitas, 3(1), 71–89.
  25. Ningrum, S. A., & Suyadi. (2023b). Pengaruh Tax Avoidance Dan Leverage Terhadap Return on Assets (Roa) Pada. Jurnal Akuntasi Dan Keuangan Entitas, 3(1), 71–89.
  26. Nur Ilham, R., Juanda, R., Sinta, I., Multazam, M., & Syahputri, L. (2022a). APPLICATION OF GOOD CORPORATE GOVERNANCE PRINCIPLES IN IMPROVING BENEFITS OF STATE-OWNED ENTERPRISES (An Emperical Evidence from Indonesian Stock Exchange at Moment of Covid-19). International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Admini, Volume 2 N(E-ISSN: 2808-4713), 761–769.
  27. Nur Ilham, R., Juanda, R., Sinta, I., Multazam, M., & Syahputri, L. (2022b). APPLICATION OF GOOD CORPORATE GOVERNANCE PRINCIPLES IN IMPROVING BENEFITS OF STATE-OWNED ENTERPRISES (An Emperical Evidence from Indonesian Stock Exchange at Moment of Covid-19). International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Admini, Volume 2 N(E-ISSN: 2808-4713), 761–769.
  28. Pendong, G. K., Tumilaar, Y. E., & Budidarma, I. G. A. M. (2022a). The Effect of Good Corporate Governance on Banking Profitability. East Asian Journal of Multidisciplinary Research, 1(5), 753–770. https://doi.org/10.55927/eajmr.v1i5.488
  29. Pendong, G. K., Tumilaar, Y. E., & Budidarma, I. G. A. M. (2022b). The Effect of Good Corporate Governance on Banking Profitability. East Asian Journal of Multidisciplinary Research, 1(5), 753–770. https://doi.org/10.55927/eajmr.v1i5.488
  30. Prasetyo, A., & Wulandari, S. (2021). Capital Intensity, Leverage, Return on Asset, dan Ukuran Perusahaan Terhadap Agresivitas Pajak. Jurnal Akuntansi, 13, 134–147. https://doi.org/10.28932/jam.v13i1.3519
  31. Purnama, H. K., & Trisnaningsih, S. (2022). The Effect of Good Corporate Governance on Profitability with Corporate Csr Disclosure as Intervening Variables. Jurnal Penelitian Ekonomi Dan Akuntansi, 7(1), 27–39. https://doi.org/10.30736/ja.v7i1.907
  32. Puspaningsih, A., & Ristya, D. A. F. (2022). The Effects of Good Corporate Governance Mechanisms on Profitability of Company Shares. Review of Integrative Business and Economics Research, 11(4), 176–189.
  33. Riyandika, M., & Saad, B. (2023a). Pengaruh Good Corporate Governance terhadap Profitabilitas pada Sektor Perbankan yang Terdaftar di BEI pada Tahun 2017-2019. Jurnal Keuangan Dan Perbankan, 17(1), 35. https://doi.org/10.35384/jkp.v17i1.320
  34. Riyandika, M., & Saad, B. (2023b). Pengaruh Good Corporate Governance terhadap Profitabilitas pada Sektor Perbankan yang Terdaftar di BEI pada Tahun 2017-2019. Jurnal Keuangan Dan Perbankan, 17(1), 35. https://doi.org/10.35384/jkp.v17i1.320
  35. Setiowati, D. P., Salsabila, N. T., & Eprianto, I. (2023). Pengaruh Ukuran Perusahaan, Leverage, Dan Profitabilitas Terhadap Manajemen Laba. Jurnal Economina, 2(8), 2137–2146. https://doi.org/10.55681/economina.v2i8.724
  36. Shofa Allina, N., & Abdul Aris, M. (2022). The Influence of Intellectual Capital (IC), Green Accounting, Foreign Investment, and Company Size on Profitability at Company registered Mines On the Indonesia Stock Exchange. The International Journal of Business Management and Technology, 6(4), 183–191.
  37. Sinaga, J. G., Djajadikerta, H., & Setiawan, A. (2022). Factors Affecting Corporate Governance and Its Implication on Accounting Information Quality: Indonesia Trusted Company Awardees. International Journal of Family Business Practices, 5(1), 1. https://doi.org/10.33021/ijfbp.v5i1.3699
  38. Sukmadilaga, C., Winarningsih, S., Yudianto, I., Lestari, T. U., & Ghani, E. K. (2023a). Does Green Accounting Affect Firm Value? Evidence from ASEAN Countries. International Journal of Energy Economics and Policy, 13(2), 509–515. https://doi.org/10.32479/ijeep.14071
  39. Sukmadilaga, C., Winarningsih, S., Yudianto, I., Lestari, T. U., & Ghani, E. K. (2023b). Does Green Accounting Affect Firm Value? Evidence from ASEAN Countries. International Journal of Energy Economics and Policy, 13(2), 509–515. https://doi.org/10.32479/ijeep.14071
  40. Sulistiyana, F., Rossantika Sari, A., & Yovita Pandin, M. R. (2023a). Penerapan Green Accounting Terhadap Profitabilitas Pada PT Unilever Indonesia Tbk. Jura : Jurnal Riset Akuntansi, 1(2), 129–146.
  41. Sulistiyana, F., Rossantika Sari, A., & Yovita Pandin, M. R. (2023b). Penerapan Green Accounting Terhadap Profitabilitas Pada PT Unilever Indonesia Tbk. Jura : Jurnal Riset Akuntansi, 1(2), 129–146.
  42. Sury, J., & Saleh, R. (2021). PENGARUH LEVERAGE DAN STRUKTUR KEPEMILIKAN TERHADAP PROFITABILITAS PADA PERUSAHAAN PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2013-2018. Jurnal Pendidikan Dasar Dan Sosial Humaniora, 47(4), 124–134. https://doi.org/10.31857/s013116462104007x
  43. Suryaman, Y., Nuridah, S., & Sagitarius, E. (2023). Analisis Pengaruh Leverage dan Rasio Aktivitas terhadap Profitabilitas Perusahaan Manufaktur Sub Sektor Otomotif dan Komponen yang Terdaftar di Bursa Efek Indonesia Tahun 2017-2022. INNOVATIVE: Journal Of Social Science Research, 3(4), 7835–7844.
  44. Susanti, I. D., Hertati, L., & Putri, A. U. (2023). the Effect of Green Accounting and Environmental Performance on Company Profitability. Cashflow : Current Advanced Research on Sharia Finance and Economic Worldwide, 2(2), 320–331. https://doi.org/10.55047/cashflow.v2i2.552
  45. Syahzuni, B. A., & Florencia, D. (2023). Pengaruh Profitabilitas, Leverage dan Pertumbuhan Penjualan terhadap Penghindaran Pajak. Jurnal Ekonomi : Journal of Economic, 14(02), 78–85. https://doi.org/10.47007/jeko.v14i02.6654
  46. Wahyuni, E. S., Meidiyustiani, R., Oktaviani, R. F., & Laksmiwati, M. (2023). Determinan Leverage Dan Intangible Asset Terhadap Profitabilitas Dengan Komite Audit Sebagai Variabel Moderating. Jurnal Akuntansi, Keuangan, Perpajakan Dan Tata Kelola Perusahaan, 1(2), 224–231. https://doi.org/10.59407/jakpt.v1i2.203