The Role of Sustainability Reporting, Green Accounting, and Growth In Increasing the Company’s Share Price

Ibnu Rizky Hermawan () and Zumratul Meini ()
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Ibnu Rizky Hermawan: National University, Faculty of Economics and Business
Zumratul Meini: National University, Faculty of Economics and Business

A chapter in Proceedings of the International Conference on Business, Management, Accounting and Sustainable Economy (ICBMASE 2023), 2024, pp 164-171 from Springer

Abstract: Abstract Sustainable Development Goals (SDGs) have become a reference for various companies in United Nations (UN) member states to contribute to reducing social inequality and environmental maintenance in achieving sustainable development. Companies that contribute positively to environmental protection or maintenance and are transparent in all their activities will be considered positive for investors/shareholders. This research objective is to gather empirical evidence on the impact of the Sustainability Report, Green Accounting, and Company Growth on Share Price Growth. This research uses the purposive sampling method using 39 companies that received PROPER awards and are listed on the IDX for 2017–2021. Secondary data for this study was obtained from the websites of the Indonesia Stock Exchange and the company. The findings of this study demonstrate a supportive relationship between sustainability reports, green accounting, and stock price growth, as well as a good relationship between company growth and stock price growth. The results of this study imply that companies oriented towards sustainable development must continue to contribute positively to the environment to be well accepted by the community, which makes it considered positive in the eyes of investors.

Keywords: Sustainability Reporting; Green Accounting; Growth; Stock Price Growth (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-394-8_17

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