The Analysis of Green Accounting Cost Impact on Corporations Financial Performance

Authors

  • Hosam Alden Riyadh Universitas Muhammadiyah Yogyakarta
  • Maher A. Al-Shmam University of Mosul
  • Henry Hongren Huang National Central University
  • Barbara Gunawan Universitas Muhammadiyah Yogyakarta
  • Salsabila Aisyah Alfaiza University of Airlangga

Abstract

This research aimed to analyze the Green Accounting (GA) impact on financial performance (FP). The research question pertaining to this research will answer empirical investigation and analysis in the top 100 multinationals corporations. The research seeks to answer the questions: Does green accounting cost have an impact on financial performance in the top 100 multinationals corporations? Thus, secondary data and multiple regression analysis were employed in this research, such as CSR reports, sustainability reports, and financial statements. The selected corporations were 100 largest multinational corporations in the year 2018. Then, the green accounting used a proxy of the environmental cost (EC), while financial performance employed a proxy of Return on Capital Employed (ROCE). The finding of autonomous Green Accounting costs on financial performance has a negative relationship.Keywords: Green Accounting, Environmental Cost, and Financial PerformanceJEL Classifications: О14, D24, С41DOI: https://doi.org/10.32479/ijeep.9238

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Published

2020-10-10

How to Cite

Riyadh, H. A., Al-Shmam, M. A., Huang, H. H., Gunawan, B., & Alfaiza, S. A. (2020). The Analysis of Green Accounting Cost Impact on Corporations Financial Performance. International Journal of Energy Economics and Policy, 10(6), 421–426. Retrieved from https://econjournals.com/index.php/ijeep/article/view/9238

Issue

Vol. 10 No. 6 (2020)

Section

Articles

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