The Impact of Green Accounting Implementation and Environmental Performance on Corporate Financial Performance
DOI:
https://doi.org/10.55927/eajmr.v2i12.7323Keywords:
Green Accounting, Environmental Performance, Financial PerformanceAbstract
This study aims to identify and analyze the impact of green accounting implementation and environmental performance on corporate financial performance. The population of this study is manufacturing companies in the basic industry and chemical sectors that will be listed on the Indonesia Stock Exchange in 2021-2022. The sample was selected using a purposive sampling method with three criteria, resulting in 15 companies worth observing. This study uses multiple regression analysis using the SPSS program. In this study, green accounting variables are measured using the dummy method, environmental performance variables are measured using PROPER evaluation values, and financial performance variables are measured using ROA. Based on the analysis results, it is shown that green accounting and environmental performance variables do not affect the financial performance of companies.
References
Agustia, D. (2021). Environmental cost reporting as a decision-making tool regarding environmental management. Journal of Accounting: Accruals, 1(2), 80–100.
Aniela, Y. (2022). The role of environmental accounting in improving environmental performance and corporate financial performance. Accounting Student Science Periodical, 1(1).
Burhany, D. I. (2021). The impact of environmental accounting practices on environmental performance and public disclosure after the appropriate period of 2008-2009. Proceedings, SNEB 2014.
Cohen, N., & Robbins, P. (2021). Green Business: An A-To-Z Guide. Thousand Oaks, California: Sage Publications Inc.
Dewi, Santi Rahma. (2019 ). Understandings and concerns about green accounting implementation: A case study of Sidoarjo's UKM Tahu.
Faizah, B. S. Q. (2020). Applying green accounting to financial performance. Journal of Contemporary Accounting Research, 12(2), 94–99.
Hamidi. (2019). Analysis of green accounting implementation on corporate financial performance. Equilibrium, 6(2), 23–36. https://www.journal.unrika.ac.id/index.php/equi/article/view/2253.
Meiyana, A., & Aisyah, M. N. (2019). The effects of environmental performance, environmental costs, and company size on financial performance with corporate social responsibility as an intervening variable. Nominal: Barometer of Accounting and Management Research, 3(1), 1-18. https://doi.org/10.21831/nominal.v8i1.24495.
Nuryanti, T. N., Nurlely, & Rosdiana, Y. (2021). The influence of environmental accounting on the environmental performance of textile enterprises in Bandung region.
Noer, M. (2019). The Effects of Environmental Disclosure on Financial Performance in Malaysia. Procedia Economics and Finance, 35, 117–126.
Panggabean, R. ria, & Deviarti, H. (2022). Assessing environmental accounting disclosures from the perspective of Pt Timah (Persero) Tbk Binus Business Review, 3(2), 1010–1028.
Putri, A. M., Hidayati, N., & Amin, M. (2019). The impact of green accounting implementation and environmental performance on the profits of manufacturing companies on the Indonesia Stock Exchange. E-JRA Malang Islamic University Faculty of Economics and Management, 08(04), 149–164.
Pramelasari, Y. M. (2021). The impact of intellectual capital on market value and corporate financial performance. Dipenogoro University, Semarang.
Putri, S. A., & Herawati, S. D. (2017). The impact of environmental performance on financial performance. Proceedings of Accountants’ Professionalism towards Sustainable Business Practices, 218–228.
Rustiarini (2021) Companies face not a single bottom line, but a triple bottom line.
Rawi. (2021). Managerial ownership, institutional ownership, leverage, and corporate social responsibility. . . National Accounting Symposium 3.
Siregar, I. F., Rasyad, R., & Zaharman. (2019). The impact of environmental costs and environmental performance on the financial performance of general mining companies in the PROPER category. Dharma Andaras Economics and Business Journal, 21(2), 198–209.
Setyaningsih, R. D., & Asyik, N. F. (2021). The impact of environmental performance on financial performance with moderate corporate social responsibility. Journal of Accounting Science and Research, 5(4), 1–15.
Setyaningsih, R. D., & Asyik, N. F. (2021). The impact of environmental performance on financial performance with moderate corporate social responsibility. Journal of Accounting Science and Research, 5(4), 1–15.
Suartana, I. W. (2021). Environmental accounting and triple bottom line accounting: A new paradigm for value-added accounting. Sustainable Earth Journal, 10(1), 105–112.
Supit, T. S. ., Areros, W. . A., & Tampi, J. . R. E. (2021). Financial Performance Analysis of PT Astra International, TBK.
Sulistiawati, E., & Dirgantari, N. (2021). Analysis of the impact of green accounting implementation on the profitability of mining companies listed on the Indonesia Stock Exchange. Journal of Accounting and Finance Review, 6(1).
Tunggal, W. S. ., & Fachrurrozie. (2021). The impact of environmental performance, environmental costs, and CSR disclosure on financial performance. 3(2).
Tahu, G. P. (2019). The impact of environmental performance and environmental disclosure on financial performance (a study of manufacturing companies listed on the IDX). Accounting Journal, 14(1), 31–40.
Zulhaimi, H. (2021). The impact of introducing green accounting on corporate performance. Journal of Accounting and Finance Research, 3(1), 603–616.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Nurfaidah Nurfaidah, Andi Syarifuddin, Bunyamin Bunyamin, Andi Hadidu
This work is licensed under a Creative Commons Attribution 4.0 International License.
.png)
