Proceedings of the 3rd International Conference of Islamic Finance and Business, ICIFEB 2022, 19-20 July 2022, Jakarta, Indonesia

Research Article

Determinants of Economic Performance: An Analysis of Green Accounting and Environmental Performance Implementations

Download334 downloads
  • @INPROCEEDINGS{10.4108/eai.19-7-2022.2328256,
        author={Titin Agustin Nengsih and M Nazori Majid and Pahlevi Ade Reza},
        title={Determinants of Economic Performance: An Analysis of Green Accounting and Environmental Performance Implementations},
        proceedings={Proceedings of the 3rd International Conference of Islamic Finance and Business, ICIFEB 2022, 19-20 July 2022, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={ICIFEB},
        year={2023},
        month={4},
        keywords={green accounting environmental performance economic performance},
        doi={10.4108/eai.19-7-2022.2328256}
    }
    
  • Titin Agustin Nengsih
    M Nazori Majid
    Pahlevi Ade Reza
    Year: 2023
    Determinants of Economic Performance: An Analysis of Green Accounting and Environmental Performance Implementations
    ICIFEB
    EAI
    DOI: 10.4108/eai.19-7-2022.2328256
Titin Agustin Nengsih1,*, M Nazori Majid1, Pahlevi Ade Reza1
  • 1: UIN Sulthan Thaha Saifuddin Jambi
*Contact email: nengsih@uinjambi.ac.id

Abstract

The theory of economic performance shows that better green accounting and the level of environmental protection will lead to a rise in the company's financial performance. Meanwhile, a few numbers of companies in Indonesia implement green accounting and didn’t get the PROPER award for environmental performance. The objective of this research is to assess how green accounting and environmental performance impact economic performance. To accomplish this goal, a quantitative methodology is employed, specifically Panel Data Regression for data analysis. The study focuses on 6 firms operating within the Basic and Chemical Industry sector over a 5-year period from 2016 to 2020. The results of this study indicate that only the green accounting variable has a significant positive effect on economic performance in the Basic and Chemical Industry sector for the 2016-2020 period.