Main Article Content
Abstract
This study aims to analyze the effect of sustainability accounting practices and IFRS S1 adoption on firm value, as well as the moderating role of corporate governance and green transition in manufacturing companies in Indonesia. The study used panel data from 21 companies listed on the Indonesia Stock Exchange for the 2021–2024 period, using multiple regression methods and model selection using the Chow Test and Lagrange Multiplier, which indicated that the Common Effect model was the best model. The results showed that sustainability accounting practices and IFRS S1 adoption had a positive and significant effect on firm value. In addition, corporate governance strengthened the influence of IFRS S1 on firm value, while the green transition significantly increased the influence of sustainability accounting practices on value creation. These findings emphasize the importance of integrating global sustainability standards, strong governance mechanisms, and a commitment to the green transition in increasing firm value in the manufacturing sector.