Green Accounting Research Articles

Application of Green Accounting Concepts through Accounting Education in Support of Green Economy

Application of Green Accounting Concepts through Accounting Education in Support of Green Economy

The Determinant of Corporate Social Responsibility (CSR): The Role of Green Accounting as Moderating Variable in Indonesia

This study aims to determine the role of Green Accounting in the relationship between environmental performance and Disclosure of Corporate Social Responsibility (CSR) in JII 70 Companies for the 2018-2020 period. This research is a type of quantitative research and the data in this research is secondary data in the form of panel data sampling technique with purposive sampling technique. The samples used were 24 companies registered on JII 70 for the 2018-2020 period. The data collection method is carried out by accessing financial reports and annual reports which can be accessed through the website www.idx.co.id. The data is processed using the Eviews10 analytical tool. The analytical method used is a descriptive test, stationarity test, regression model test, classical assumption test, t-test, F test, and MRA test. The results showed that the environmental performance variable has a positive and significant effect on the disclosure of Corporate Social Responsibility. The green accounting variable has a positive and insignificant effect on the disclosure of Corporate Social Responsibility. After conducting the MRA test it shows that the green accounting variable cannot moderate the effect of Environmental Performance on Disclosure of Corporate Social Responsibility.

University Social Responsibilities-Based Green Accounting: Implementation of Green Universities

The research aims to examine the differences in the implementation of green accounting based on University Social Responsibilities (USR) at the Sepuluh Nopember Institute of Technology (ITS) and Brawijaya University (UB). The data analysis method uses a different test approach with a sample size of 150 respondents from the academic community. The data collection method uses a mail survey with Google Forms. The research results prove no difference in implementing environmental awareness, environmental involvement, environmental reporting, environmental audit, and university social responsibility at ITS and UB. UB initiated the green campus concept and ITS with the eco campus concept. However, there are no audit reports related to green accounting at either campus. The contribution of this research will lead to policies for drafting environmental audit report regulations because campuses also produce waste from the impact of their activities. This regulation can strengthen sustainable practices on campus environments in Indonesia and ensure a sustainable environmental legacy for future generations.

A Review on Green Accounting Practices and Sustainable Financial Performance

Sustainability is a broad concept that refers to the ability to meet the needs of the present without compromising the ability of future generations to meet their own needs. It comprises three dimensions: environmental, social, and economic sustainability. Sustainable development and practices take into account these dimensions with the goal of creating a better and more equitable world for present and future generations. The ability of a corporation to create long-term financial success while also taking into account and addressing ESG factors is referred to as sustainable financial performance. In this context, green accounting plays a major role. This study aims to provide an understanding of the importance of sustainability in business, green accounting, and the relationship between sustainability and financial performance. Some studies reveal that the relationship between sustainability practices and financial performance is confusing or contradictory, showing positive and occasionally negative outcomes. Even though in some cases it shows a negative relationship, every organisation must adopt sustainable practices, because, it helps the organizations gain a competitive advantage in the marketplace, attract a broader customer base, and adapt more readily to changing market dynamics. Sustainability is positioned as not merely a choice but a requirement for a better, more equitable future, and businesses are encouraged to navigate this intersection for the benefit of both society and the environment

Creating Sustainable Posthuman Accounting Learning Environments: The Case for Green Accounting in South Africa

The study aims to explore the infusion of Environmental Accounting, or Green Accounting or Sustainability Accounting, into Posthuman Accounting Learning Environments (PALE) that promote deep learning. Posthuman Accounting Learning Environments (PALE) refer to the teaching and learning of Accounting that recognises the contributions of both the human and non-human aspects in the processes of acquiring and disseminating Accounting knowledge; seemingly, such knowledge leads to the derivation of the final products such as the financial statements. The latter, in turn, constitute the final product of the Accounting processes, affecting Accounting information used by shareholders, managers, prospective investors, lending institutions, government, employees, regulatory agencies, and researchers, who attempt to make relevant decisions that impact the circular flow of resources in a country. To date, Environmental Accounting is neglected in all these. Thus, PALE’s significant impact on the social, economic, and environmental conditions is not appreciated or taught in our institutions. This paper demonstrates an urgent need to explore ecological knowledge and its contribution to the teaching and learning of Accounting, leading to the conclusion that the sustainability infused Accounting curriculum embodies the totality of all the teaching and learning experiences aimed at understanding, for example, the issues of cybersecurity, diversified Accounting skills, advanced marketing strategies and the knowledge to align Accounting with globalisation processes, which are the subject matter of the PALE, including the sustainability content, principles, pedagogic approaches, implicit and explicit norms, and values inherent in the sustainability learning and teaching process.

PENGARUH KINERJA KEUANGAN, STRUKTUR MODAL DAN GREEN ACCOUNTING TERHADAP NILAI PERUSAHAAN

This study aims to determine how the influence of Financial Performance, Capital Structure and Green Accounting on Firm Value. This type of research uses associative quantitative, the object of research is pharmaceutical companies listed on the Indonesia Stock Exchange in 2018-2022, using purposive sampling method in collecting data samples and the type of data used is secondary data. The total population in this study were 12 companies and the total sample of 10 companies so that 50 observation data were obtained in this study. Analysis of the data used in this study using panel data regression using the Eviews 12 Software. The results of the study indicate that Financial Performance, Capital Structure and Green Accounting simultaneously have an effect on Firm Value, Financial Performance has no effect on Firm Value, Capital Structure has an effect on Firm Value and Green Accounting has no effect on Firm Value.

Pengaruh Green Accounting Terhadap Nilai Perusahaan

This study aims to examine and analyze the effect of green accounting, green intellectual capital and carbon emission disclosure on firm value. This type of research is quantitative research using secondary data. The population in this study are companies in the energy and industrial sectors listed on the Indonesia Stock Exchange (IDX) for the 2020-2022 period. The sample of this research is 441 obtained by purposive sampling method. The analytical method used is panel data regression analysis. The statistical tool used is SPSS. The results of this study show that green accounting have a positive effect on firm value, but green intellectual capital and carbon emission disclosure don’t have an effect on firm value. Keywords: Green Accounting; Green Intellectual Capital; Carbon Emission Disclosure; Firm Value

Green Accounting, CSR, Sustainability Disclosure dan ROA

A company image is needed in building a business, it cannot be denied that an image can effect all aspect, one of which is financial performance. This financial performance is greatly influenced by economic aspect. One of then is green accounting and CSR. Companies must also be abale to survive in the face of all economic, social, and enviromental conditions. This research focuses on quatitative approach with secondary data from the compass 100 index from 2020-2023. The sample used was 96 companies tahe has been identified and classified according to predetermined criteria. Statistical data processing uses smart PLS4 to produce structural analysis and measurement in the form of path analysis, FIT model, R-square and hypothesis teating the bootstrapping method. Based on the result of the, green accounting has on effect of sustainbility report and financial performance, green accounting has on effect of financial performance, CSR has on effect of sustaibility report, but corporate social responsibility has no effect of financial performance and sustainbility report has on effect to financial performance

Pengaruh Corporate Social Responsibility dan Green Accounting Terhadap Kualitas Laba dengan Type of Industry sebagai Variabel Moderasi

The aim of this research is to examine, across all industries listed on the BEI in 2019-2021, the influence of CSR and environmentally friendly accounting on earnings quality, by controlling for the influence of industry type. Quantitative methods were used in this research. This research uses data from 65 companies traded on the Indonesia Stock Exchange between 2019-2021 as the sample. Panel data regression analysis is used to analyze the data. This research finds that there is a negative relationship between corporate social responsibility and earnings quality, and there is a similar negative relationship between environmentally friendly accounting and earnings quality. There is no relationship between corporate social responsibility (CSR) and industry type, and there is no relationship between industry type and green accounting.

The role of environmental performance in mediating the relationship between green accounting and corporate social responsibility

The problems of pollution, global warming, and environmental damage are currently relevant and vital challenges for corporations, governments, and society. The implementation of green accounting is one of the responses of corporations to overcome sustainability issues. This study aims to examine the impact of green accounting on the level of environmental performance and the impact of environmental performance on corporate social responsibility (CSR) disclosure. This study also tests the role of environmental performance as a mediating variable in the relationship between green accounting and CSR disclosure. The sample consists of 95 listed Indonesian firms during the period 2017–2021. The results show that the adoption of green accounting positively affects environmental performance (coefficient is 0.291 and p-value < 0.01). Meanwhile, environmental performance positively affects CSR disclosure with a coefficient of 0.296 and a p-value < 0.01. The empirical evidence also shows that environmental performance has a critical role as a mediating variable in the effect of green accounting on CSR disclosure.

The Effect of Material Flow Cost Accounting on Company Sustainability: Moderating Role of Green Accounting in Consumer Goods Industry Companies

This study analyzes the influence of material flow cost accounting in improving company sustainability. Material flow cost accounting. This research uses proxies for production costs, factory area, and output or production value. The population used in this research is all goods and consumption companies listed on the IDX for the 2015-2021 period. Through Purposive sampling, the samples obtained were 6 companies in that period, so 42 data were obtained. Data processing in this research was carried out using multiple regressions and moderated regression methods with an absolute difference value approach. This research concludes that MFCA (production costs) negatively and significantly affects company sustainability. This means that reducing production costs to get higher profits will increase the company's sustainability. Meanwhile, MFCA (factory area and output or production value) positively and significantly influences company sustainability. This shows that the wider the company's area and every time there is an increase in production results, the company's sustainability can increase. Besides, green accounting cannot moderate material flow cost accounting on company sustainability.

The Effect of Annual Report Readability, Carbon Emission Disclosure and Green Accounting Practices on Company Value

This study aims to analyze the effect of annual report readability, carbon emission disclosure and green accounting practices on company value with the research object of manufacturing companies listed on the IDX in 2020-2022. The approach used in this study is a descriptive quantitative using multiple linear regression. The sample of this study were 38 mining companies with an observation period of 3 years resulting in 114 research data. Data testing was carried out by partial analysis using the eviews tool. The results of this study found that the annual report readability, carbon emission disclosure and green accounting practices had a positive and significant effect on company value. This indicates that the easier an annual report is to read, the higher the quality of information received by its users, especially stakeholders, so that it greatly influences the decision making of investors. In addition, green accounting practices and carbon emissions disclosure is the first step that companies can take to minimize environmental problems faced by companies. This research is different from previous research, this study tries to combine how easy it is to read financial statements and also how environmental accounting and carbon emissions disclosure by companies can increase company value.

Implementation of digital innovation on sustainability performance: the moderating role of green accounting in the industrial sector

Innovation is the solution that allows digital transformation to be implemented in many industrial sectors. With digital innovation, companies can move more freely in achieving sustainability performance, because digitalization is a cross-border discipline. Empirical studies that directly link digital innovation, sustainability and accounting are still very limited. To fill this gap, this study aims to examine the role of green accounting in the influence of human capacity building, digital innovation, and sustainability strategy on sustainability performance. This study employs quantitative content analysis on the annual reports and sustainability in the industrial sector listed on the IDX 2021–2022, comprising a total of 792 observational data using the PLS. The research results indicate that an increase of 32 % in human capacity building, 14 % in digital innovation and 12 % in sustainability strategy has a significant impact on sustainability performance. Another finding shows the results that green accounting is only able to strengthen the influence of digital innovation on sustainability performance and the rest weakens and does not even have a role as a moderating variable. The implications of this study are theoretically the development of new measures of digital innovation for the industrial sector. The practical implications suggest that to enhance sustainability performance, digital innovation is needed, starting from a pervasive digital culture extending to various aspects, including digital products, services & solution, digital supply chains, and digital accounting. The implications of implementing green accounting for industries indicate a 6.9 percent increase in the influence of digital innovation on sustainability performance

Exploring The Impact of Green Accounting and Corporate Social Responsibility Disclosure on Firm Value Through Profitability In Mining Companies In Indonesia

This study is dedicated to examining how the implementation of green accounting and the disclosure of corporate social responsibility impact the value of mining companies in Indonesia through profitability. Green accounting is a relatively novel area of research in Indonesia, particularly in the context of the mining sector. Given the ongoing governmental reforms in the mining industry, with the prohibition of raw material exports under Law Number 3 of 2020 amending Law Number 4 of 2009 on Mineral and Coal Mining, the study finds it intriguing to explore the implications of green accounting. The ban on nickel ore exports, as stipulated by the aforementioned legal amendments, sparked strong opposition from the European Union, leading to Indonesia being taken to the World Trade Organisation (WTO) in early 2021. This policy aligns with the broader objective of downstreaming, which seeks to secure a domestic supply of raw materials for mineral processing and refining, thereby mitigating adverse environmental effects. To initiate the research, the first step involves gathering data on pertinent variables from the financial statements of mining companies listed on the Indonesian Stock Exchange (IDX). Subsequently, SPSS will be employed to conduct tests and assess the influence of green accounting and corporate social responsibility disclosure on firm value, with profitability acting as a mediating factor.

Assessing the impact of financing decisions and ownership structure on green accounting disclosure: Evidence from developing economies

This study examines the impact of financing decisions and ownership structure on green accounting disclosure (GAD) in developing economies, where sustainability practices have not been extensively integrated into business models. We conducted empirical analysis considering 172 manufacturing companies from 2001 to 2022, utilizing both fixed effect and random effect estimation techniques. The findings revealed that firms that rely primarily on debt financing tend to have an inverse relationship with the levels of green accounting disclosure. However, firms that depend mainly on equity financing tend to have higher levels of green accounting disclosure. In addition, the results of the estimation analysis showed a favorable association between ownership concentration and disclosure of green accounting practices. The findings suggest that policymakers should consider incentivizing firms to prioritize equity financing over debt financing to promote higher levels of green accounting disclosure. Additionally, policies should aim at encouraging ownership concentration within firms to enhance the transparency and accountability of environmental reporting practices, ultimately advancing the achievement of Sustainable Development Goals 12 and 13.

Philosophy of Egek Culture from the Moi Tribe of Papua in Exposing the Concept of Environmental Accounting: A Phenomenological Study

Recent sustainability concerns have extended their influence into the realm of accounting. Previously, annual financial reporting held primary importance for companies, but now, in response to these concerns, a settlement report has been introduced, reflecting the emergence of environmental accounting. Researchers employed the Egek Culture from Moi Tribe phenomenological philosophy study method to uncover how green accounting is rooted in cultural values. Data analysis involved interviews with seasoned experts in environmental accounting to gather insights from informants. The selection of divided methods reveals the values of indigenous Papua culture in the concept of environmental accounting. The study found that green accounting has not received serious optimal development in Indonesia. To apply green accounting effectively, there is a need to align the proposed concept with existing international guidelines. The Egek philosophy offers insights into resolving key issues in green accounting since it strives to fulfill the social and environmental responsibilities of an entity to the utmost extent possible. Applying green accounting via the phenomenological approach of Egek philosophy enhances understanding comprehensively

Dampak Penerapan Green Accounting, Kinerja Lingkungan dan Biaya Lingkungan terhadap Profitabilitas pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022

This study aims to determine the effect of green accounting, environmental performance and environmental costs on profitability. The population used in this research is mining companies listed on the Indonesia Stock Exchange in 2018-2022. The sample was selected using a purposive sampling method based on criteria, so that 13 companies were obtained with a total sample of 65 data. The analysis technique used in this research is multiple regression analysis using the SPSS 25 program. The results of this research show that green accounting has no effect on profitability, environmental performance has no effect on profitability and environmental costs have a positive effect on profitability.

Green Accounting and Corporate Performance of Selected Quoted Oil & Gas Firms in Nigeria

The objective of this study is to ascertain the relationship between green accounting and the corporate performance of quoted oil and gas firms in Nigeria. The study specifically evaluates the effect of oil spillage, gas flaring, water pollution and energy consumption disclosures on the corporate performance of quoted oil and gas firms in Nigeria. The study adopted the ex- post facto research design. The population was drawn from the ten quoted oil and gas companies listed on the Nigerian Exchange Group (NGX) as of 1st June 2022. The final sample was delimited to eight firms with annual financial information for the study period. The study relied on secondary sources of data, i.e., from annual financial statements of the oil and gas firms. The data were analysed using descriptive and inferential statistical techniques. The hypotheses were tested using the pooled OLS technique consistent with prior authors on disclosure measurements. The results showed that oil spillage disclosure has a positive non- significant effect on Tobin’s Q; there is a positive and significant effect of gas flaring disclosure on Tobin’s Q; water pollution disclosure has a negative and significant effect on Tobin’s Q; and, there is a positive non-significant effect of energy consumption disclosure on Tobin’s Q. Based on the above the study recommended that shareholders should monitor compliance of managers with the numerous laws and strategies used to reduce GHG flaring and the resulting carbon emissions in the company. Managers develop a water pollution system for managing their negative environmental impact on water. Regulators should constantly monitor firms with excessive energy consumption to pay relevant fees and fines which can encourage the move to sustainable energy consumption.

Uji Validasi Instrumen Penelitian Model Intention Follow Green Account

The purpose of this study is to test the construct measurement instruments used in the green account intent research model to ensure that the instruments used in this study are valid and have the ability to accurately measure the various variables included in the model tested by the researcher. Two tests were used to evaluate the instrument: validity test and reliability test. The reliability test uses the composite reliability value and Cronbach alpha, while the validity test is conducted with discriminant and convergent validity tests. This study used 100 respondents as the sample. Non-probability purposive sampling method was used. The SmartPls application was used to conduct data analysis. The result of this study is the obtained measurement accuracy of the instrument in the research model of intention to follow green accounts.

Penerapan Green Accounting dalam Upaya Pencegahan Pencemaran Lingkungan Limbah Produksi Krupuk Pati

This research aims to describe and explain the application of green accounting in helping efforts to prevent environmental pollution from starch cracker production waste. The facts in this research are based on the fact that the majority of home industry players pay little attention to the impact of waste on the surrounding environment and are less concerned about environmental pollution problems. Descriptive qualitative methods were used, where data collection was carried out in the form of field research, documentary research and library research. This research method uses qualitative, data collection is carried out by in-depth interviews, documenting reports that are directly related to environmental costs, then the last is observing the environmental conditions of the village to be studied. The results show that the low level of environmental awareness from the survey shows that there are still many people who have a low level of environmental awareness. They may not be aware of the negative impact of liquid waste produced by their activities on the surrounding environment.