Does Green Accounting Matter for Financial Performance? Evidence from the Indonesia Mining Sector

Jodi Setiawan; Yossi Diantimala; Maya Febrianty Lautania; Sayuthi Sayuthi

doi:10.24815/jdab.v11i2.39348

Does Green Accounting Matter for Financial Performance? Evidence from the Indonesia Mining Sector

Jodi Setiawan, Yossi Diantimala, Maya Febrianty Lautania, Sayuthi Sayuthi

Abstract

This study examines the influence of green accounting–environmental cost, environmental disclosure, and environmental performance–on the financial performance of companies in the mining sector. The population were mining companies listed on the Indonesia Stock Exchange from 2020 to 2023. The samples were selected using the purposive technique and the number of observations is 144 firm-years. Using the multiple regression method, this study revealed that green accounting positively affects the financial performance of the sample companies. Disclosure and environmental performance positively impact financial performance, while the effect of environmental costs on financial performance is not significant.

Keywords

Environmental cost; environmental disclosure; environmental performance; financial performance

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DOI: https://doi.org/10.24815/jdab.v11i2.39348

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Accounting Department collaborated with IAI KAPd (Institute of Indonesia Chartered Accountant)
Faculty of Business and Economics
Syiah Kuala University
Kopelma Darussalam, Banda Aceh, Indonesia - 23111
ISSN: 2355-9462, E-ISSN: 2528-1143

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