Influence of Green Accounting and Environmental Performance on Profitability

Sumiati, Ati; Susanti, Santi; Maulana, Ahmad; Indrawati, Lina; Puspitasari, Diana; Rini, Indriani

doi:10.2991/aebmr.k.220107.027

Cited by 8 publications

(7 citation statements)

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“…The value of the green accounting coefficient is -0.0079 with a probability of 0.6229 more than α (0.05) shows that green accounting has no influence but has a negative value on financial performance and does not match the hypothesis of this study.The results support the research Sumiati et al, (2022)because CSR fee which is a proxy of green accounting is not a financial performance factor, especially in the observation data of this study, the majority of companies do not disclose CSR fees explicitly in the comprehensive income statement.…”

Section: Table 6 Hausman Testsupporting

confidence: 88%

“…Green or environmental accounting becomes a management communication tool with the community as relevant information to determine the costs incurred due to poor environmental quality of the manufacturing process (Rounaghi 2019). Government pressure in enacting environmental standards causes companies to spend environmental costs to meet these standards regardless of their financial condition so that they can reduce the company's financial performance (Riyadh et al 2020;Sumiati et al 2022). Therefore, the higher the expenditure of environmental costs in green accounting, the lower the performance of the enterprise.…”

Section: Green Accounting and Financial Performancementioning

confidence: 99%

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Financial Performance: Environmental Performance, Green Accounting, Green Intellectual Capital, Green Product and Risk Management

Majidah¹,

Aryanty²

2022

Proceedings of the International Conference on Industrial Engineering and Operations Management

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The company's goal is to generate optimal profits to maintain the continuity of its business activities. Companies use various methods to make a profit, such as implementing a green business revolution which is also an effort to encourage achieving a sustainable economy. The company adopted a green business strategy due to increased environmental awareness among stakeholders who directed the company to innovate the green business in order to have a competitive advantage and produce good financial performance. The purpose of this study is to test factors that are suspected to affect the company's financial performance in the green business side in the manufacturing industry listed on the Indonesia Stock Exchange for the 2019-2020 period using sampling criteria, a sample of 106 observational data from 53 companies was obtained. The observation data were analyzed with descriptive statistics and regression of panel data. The results showed that only environmental performance affects financial performance because companies in the manufacturing industry can sustainably manage their operating activities so as to be able to obtain optimal profits. The novelty of this study is the empirical finding that environmental performance is able to encourage the financial performance of the manufacturing industry that went public on the Indonesia Stock Exchange. Recommendations for company management to innovate in improving green business strategies combined with their primary business strategies in obtaining financial returns. It is recommended that subsequent researchers re-examine this study's variables in different sectors.

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Section: Table 6 Hausman Testsupporting

confidence: 88%

Section: Green Accounting and Financial Performancementioning

confidence: 99%

Financial Performance: Environmental Performance, Green Accounting, Green Intellectual Capital, Green Product and Risk Management

Majidah¹,

Aryanty²

2022

Proceedings of the International Conference on Industrial Engineering and Operations Management

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“…Profitability ratios are metrics used to assess how well a company generates profits from its activities. The capacity of a company to generate profits from sales, total assets, and capital is referred to as profitability (Sumiati et al, 2022). Profitability ratios provide insight into operational efficiency and the company's ability to generate profits from the revenue received.…”

Section: Profitability Ratiomentioning

confidence: 99%

Comparison Of Financial Performance Based On The Implementation Of PSAK 30 And PSAK 73 On Leases In Energy Industry Companies

Putri,

Aziza

2024

Ecombis. Rev. J. Ilm. Eco. and Bussines.

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A finance operation that takes the form of supplying capital goods is called leasing. PSAK 30 will be replaced with PSAK 73, which was accepted from IFRS 16, on January 1, 2020. The purpose of this study is to compare the financial performance of the organization using leases for PSAK 30 and PSAK 73. A quantitative descriptive strategy is employed in this investigation. 67 firm samples were obtained using the purposive sampling approach from the population of 74 enterprises that made up the research. The firms in the energy industry sector that are listed on the Indonesia Stock Exchange during the 2019–2020 research period are the focus of this study. Ratio analysis, descriptive statistical analysis, regression analysis (which includes the normality test and the Wilcoxon signed rank test), and hypothesis testing are the data analysis techniques used in this work. According to the study's findings, which were derived from the use of descriptive statistics, hypothesis testing, and ratio analysis test, there is a difference in the financial performance of transportation firms listed on the Indonesia Stock Exchange when PSAK 30 and PSAK 73 are implemented.

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“…Evaluasi kinerja perusahaan sering kali ditinjau dari rasio profitabilitas, yang mencerminkan sejauh mana bisnis dapat menghasilkan keuntungan dan memanfaatkan asetnya secara efektif (Brigham & Houston, 2019). Rasio ini juga merefleksikan tingkat efisiensi manajemen bisnis, yang mana terlihat pada laba hasil penjualan dan investasi (Sumiati et al, 2022). Kinerja yang menunjukkan nilai profitabilitas tinggi mencerminkan prospek positif perusahaan, yang dapat menarik respons positif dari investor dan meningkatkan harapan untuk peningkatan nilai perusahaan (Endri & Fathony, 2020).…”

Section: Faktor-faktor Yang Mempengaruhi Nilai Perusahaan Manufaktur ...unclassified

Faktor-Faktor yang Mempengaruhi Nilai Perusahaan Manufaktur di Indonesia

Nengsi

2023

reslaj

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This study aims to examine the effect of Return On Asset, Debt to Equity Ratio, Current Ratio, Total Asset Turnover, and Price Earning Ratio on firm value. The research was conducted on 196 manufacturing companies listed on the Indonesia Stock Exchange during the period 2020-2022. A sample of 77 companies was selected with purposive sampling method. This research uses quantitative method and panel data regression analysis using the Eviews Version 12 software to determine the relationship between variables. The results showed that partially Return On Asset, Debt to Equity Ratio, Current Ratio, and Price Earning Ratio have a positive and insignificant effect on firm value. While Total Asset Turnover has a negative and insignificant effect on firm value. Then, simultaneously Return On Asset, Debt to Equity Ratio, Current Ratio, Total Asset Turnover, and Price Earning Ratio have an significant effect on firm value.

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Influence of Green Accounting and Environmental Performance on Profitability

Cited by 8 publications

References 0 publications

Financial Performance: Environmental Performance, Green Accounting, Green Intellectual Capital, Green Product and Risk Management

Financial Performance: Environmental Performance, Green Accounting, Green Intellectual Capital, Green Product and Risk Management

Comparison Of Financial Performance Based On The Implementation Of PSAK 30 And PSAK 73 On Leases In Energy Industry Companies

Faktor-Faktor yang Mempengaruhi Nilai Perusahaan Manufaktur di Indonesia

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