GREEN ACCOUNTING IMPLEMENTATION AND ENVIRONMENTAL PERFORMANCE ON THE VALUE OF MINING COMPANIES LISTED ON THE IDXYEAR 2020-2023
Keywords:
Green accounting, Environmental Performance, PROPER Rating, Company ValueAbstract
Background : Raising awareness of the importance of protecting the environment and encouraging sustainable business practices.
Objective : This study aims to test the effect of green accounting implementation and environmental performance on company value.
Research Method : This research uses a quantitative approach. with technique observation and data analysis . The research sample is a mining company listed on the Indonesia Stock Exchange and participating in the PROPER program of the Ministry of Environment and Forestry of the Republic of Indonesia for the period 2020-2023. Hypothesis testing was carried out using SPSS software and multiple linear regression models.
Research Results : The results of this study indicate that green accounting has a positive effect on company value, while environmental performance has no effect.
Originality/Novelty of the Research : This research can contribute to additional literature related to research on green accounting and environmental performance in mining companies in Indonesia. This research also re-evaluates green accounting variables that still have different findings in previous studies and are considered relevant to the company's real actions in quantitative evaluation of environmental protection costs and effectiveness.
Keywords : Green accounting, Environmental Performance, PROPER Rating, Company Value.
Downloads
References
Angelina. M.. & Nursasi. E. (2021). The Influence of Green Accounting Implementation and Company Financial Performance. In Jurnal Manajemen Dirgantara (Vol. 14. Issue 2).
Artamelia. FN. Surbakti. LP. & Julianto. W. (2021). The Influence of Environmental Performance on Environmental Disclosure and Environmental Disclosure on Company Value. PROCEEDINGS OF BIEMA: Business Management. Economic. and Accounting National Seminar. 2(1). 971–988.
Aulia. AAR. & Mahdar. NM (2024). The Influence of Eco-Efficiency, Sustainability Reporting, and Dividend Policy on Firm Value Moderated by Profitability. 3(1).
Chasbiandani. T.. Rizal. N.. & Indra Satria. I. 2019. Implementation of Green Accounting on Company Profitability in Indonesia. AFRE (Accounting and Financial Review). 2(2).126–132 https://doi.org/10.26905/afr.v2i2.3722 .
Dewi. Santi Rahma. (2016). “Understanding and Concern for the Implementation of Green Accounting: Case Study of Tofu SMEs in Sidoarjo”
Hamidi. 2019. Analysis of Green Accounting Implementation on Company Financial Performance. Equilibiria Journal. Vol. 6. No. 2.
Hapsoro . D.. & Ambarwati . A. (2020). Is Disclosure Information Environment Moderating Impact of Environmental Performance and Cost Environment on Firm Value? The Indonesian Journal of Accounting Research. 23(02). 41–52. https://doi.org/10.33312/ijar.487 .
Hidayat. I.. Ismail. T.. Taqi. M.. & Yulianto. USA (2023). The Effects of Environmental Costs. Environmental Disclosure and Environmental Performance on Company Value with an Independent Board of Commissioners as Moderation. International Journal of Energy Economics and Policy. 13(3). https://doi.org/10.32479/ijeep.14159 .
Khairiyani.. Habibah. AAN(2019). Environmental Performance on Financial Performance and its Implications on Company Value. (Iltizam Journal Of Shariah Economic Research). Vol.3: 2-8.
Kusumawardani. A.. Irwansyah. I.. Setiawati. L.. Ginting. YL. & Khairin. FN (2018). The Urgency of Implementing Accounting Education Based on Social and Environmental Accounting. EQUITY (Journal of Economics and Finance) . 2 (1). 65-82.
Khanifah. K.. Udin. U.. Hadi. N.. & Alfiana. F. (2020). Environmental performance and firm value: Testing the role of firm reputation in emerging countries. International Journal of Energy Economics and Policy. 10(1). 96–103. https://doi.org/10.32479/ijeep.8490 .
Lestari. AD. & Khomsiyah. (2023). The Influence of Environmental Performance. Implementation of Green Accounting. and Disclosure of Sustainability Report on Company Value. Journal of Economics, Business, Management and Accounting (JEBMA). 3(3). 527–539. https://doi.org/10.47709/jebma.v3i3.2799 .
Majidah, M., & Aryanty, N. (2023). Financial Performance: Environmental Performance, Green Accounting, Green Intellectual Capital, Green Products and Risk Management. https://doi.org/10.46254/eu05.20220569 .
Mirnawati. NWM. & Dewi. PEDM (2023). The Influence of Green Accounting Implementation. Company Size. And Share Ownership on Company Value in Health Sector Companies Listed on the Indonesia Stock Exchange for the 2018-2021 Period. JIMAT (Scientific Journal of Accounting Students) Undiksha. 14(04). 1121-1131.
Pratiwi. US. & Guidance. R. (2023). The Influence of Corporate Social Responsibility in Mediating Relationships Green Accounting on Financial Performance. Management Studies and Entrepreneurship Journal (MSEJ) . 4 (5). 5530-5541.
Ramadhan. TFG (2021). The influence of good corporate governance and green accounting on company value. Skripsi-2021. 1–18. http://repository.trisakti.ac.id/usaktiana/index.php/home/detail/detail_koleksi/0/SKR/judul/000000000000000103532/
Salsabila. A.. & Widiatmoko. J. (2022). The Effect of Green Accounting on Company Value with Financial Performance as a Mediating Variable in Manufacturing Companies Listed on the IDX in 2018-2021. 7(1). 410–424.
Sapulette. S.. & Limba. F. (2021). The Effect of Green Accounting Implementation and Environmental Performance on Financial Performance in Manufacturing Companies on the Indonesia Stock Exchange. Kupna Journal. 2(2). 31–43.
Suryani. A. (2020). Leverage Analysis Through Profit Growth and Its Influence on Company Value. Journal of Management and Science. 5. 88–94. https://doi.org/10.33087/jmas.v5i1.153 .
Wardani. DD. & Sa'adah. L. (2020). The Effect of Environmental Performance on Company Value with Financial Performance as an Intervening Variable. AKTIVA Journal of Accounting and Investment. 5(1). 15–28.
Widya Permata Sari. & Machdar. NM (2023). The Influence of Green Accounting. Corporate Social Responsibility Disclosure and Earnings Quality on Firm Value Through Profitability as an Intervening Variable. Journal of General Studies and Research. 1(6). 118–134. https://doi.org/10.47861/jkpu-nalanda.v1i6.654 .
Willieanti. (2020). Chapter II literature review. In Chapter II Literature Review 2.1, 12(2004).
