Green accounting practices from the perspectives of legitimacy theory and stakeholders in the food and beverage industry
Keywords:Green Accounting, Environmental Performance, Environmental Disclosure, Financial Performance
Implementing green accounting is a way for companies to improve environmentally friendly operations where there is a relationship between operating funds and the company's environmental budget. The impact of green accounting in companies influences environmental performance and environmental disclosure, which is a new variable from the dependent variable in this research. The independent variable is a financial performance variable measured using the Return on Asset (ROA) ratio of registered food and beverage sector manufacturing companies on the Indonesian Stock Exchange from 2019 to 2022. This research aims to determine how green accounting implementation impacts the company's financial performance. In this research, 44 sample companies were selected purposively. Using a dummy variable regression analysis model, the test results show that environmental disclosure variables influence financial performance, but environmental performance variables do not. The limitation of this research lies in the need for more samples used so that future research is expected to be able to add samples by expanding the research population.
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Copyright (c) 2024 Rizha Khentias Putri, Aminah
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