The Analysis of Green Accounting Cost Impact on Corporations Financial Performance

Hosam Alden Riyadh, Maher A. Al-Shmam, Henry Hongren Huang, Barbara Gunawan and Salsabila Aisyah Alfaiza
Additional contact information
Hosam Alden Riyadh: Universitas Muhammadiyah Yogyakarta, Indonesia,
Maher A. Al-Shmam: University of Mosul, Iraq
Henry Hongren Huang: National Central University, Taiwan,
Barbara Gunawan: Universitas Muhammadiyah Yogyakarta, Indonesia,
Salsabila Aisyah Alfaiza: University of Airlangga, Indonesia

International Journal of Energy Economics and Policy, 2020, vol. 10, issue 6, 421-426

Abstract: This research aimed to analyze the Green Accounting (GA) impact on financial performance (FP). The research question pertaining to this research will answer empirical investigation and analysis in the top 100 multinationals corporations. The research seeks to answer the questions: Does green accounting cost have an impact on financial performance in the top 100 multinationals corporations? Thus, secondary data and multiple regression analysis were employed in this research, such as CSR reports, sustainability reports, and financial statements. The selected corporations were 100 largest multinational corporations in the year 2018. Then, the green accounting used a proxy of the environmental cost (EC), while financial performance employed a proxy of Return on Capital Employed (ROCE). The finding of autonomous Green Accounting costs on financial performance has a negative relationship.

Keywords: Green Accounting; Environmental Cost; and Financial Performance (search for similar items in EconPapers)
JEL-codes: D14 D24 D41 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/9238/5475 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/9238/5475 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2020-06-55

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().