Impact of Green Accounting Implementation on the Financial Performance of Consumer Goods Industry Company

Abstract

The significance of green accounting is growing as environmental concerns become more pressing. The purpose of this study is to ascertain whether the company's financial performance is impacted by the adoption of green accounting. Companies in the consumer goods sector that were listed on the Indonesia Stock Exchange between 2018 and 2022 comprise the research sample. Spearman's Rho and simple linear regression are used in hypothesis testing. According to the study's findings, Green Accounting positively correlates with ROE, ROA, and Tobin's Q.