E-Jurnal Akuntansi
Vol. 34 No. 11 (2024)

Exploring the Role of Environmental Impact in Maximizing the Effect of CSR on Profitability

Ellyzabeth Sonia Saeguso (Faculty of Business and Management, Universitas Ciputra Surabaya, Indonesia)
Eko Budi Santoso (Faculty of Business and Management, Universitas Ciputra Surabaya, Indonesia)



Article Info

Publish Date
18 Oct 2026

Abstract

This study aims to look at the effect of CSR on profitability and environmental impact as a moderating variable in the relationship between CSR and profitability. The method used in this study is a quantitative method with secondary data derived from sustainability reports of wholesale, retail, telecommunications, mining, transportation and public utility sector companies in 2022. Sample selection using purposive sampling method with a population of 148 companies listed on Osiris. The sample used was 124. This data is processed using multiple linear regression tests. The results showed that CSR has no significant effect on profitability proxied by NPM. Environmental impact does not moderate the relationship between CSR and profitability. Environmental impact has a positive effect on profitability which is a new discovery in the study. The results of this study can contribute to companies and investors in decision making.

Copyrights © 2024






Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-JURNAL AKUNTANSI (EJA) E-Jurnal Akuntansi [e-ISSN 2302-8556] is an electronic scientific journal published online once a month. E-journal aims to improve the quality of science and channel the interest of sharing and dissemination of knowledge for scholars, students, practitioners, and the ...