The Effect of Green Accounting Disclosure on the Firm Value of Listed Mining and Agriculture Companies in Southeast Asia Countries

Kenny Fernando, Han Jocelyn, Frista Frista and Budi Kurniawan
Additional contact information
Kenny Fernando: Department of Accounting, Faculty of Business, Sampoerna University, Indonesia
Han Jocelyn: Department of Accounting, Faculty of Business, Sampoerna University, Indonesia
Frista Frista: Department of Accounting, Faculty of Economics and Business, Universitas Kristen Duta Wacana, Indonesia
Budi Kurniawan: Department of Accounting, Faculty of Business, Sampoerna University, Indonesia

International Journal of Energy Economics and Policy, 2024, vol. 14, issue 1, 377-382

Abstract: The purpose of the study is to seek how Green Accounting Disclosure (GAD) affects firm value using GDA Coverage Percentage quantified by NVIVO Software in Mining and Agriculture Companies in Southeast Asia. The five-year observation period for this study taken from 2017 to 2021. This research uses control variables, such as profitability, sales growth, leverage and size of mining and agriculture company in Southeast Asia. The data used were secondary data obtained from Capital IQ SnP and annual reports and/or sustainability reports posted on the company websites. Data regression with a fixed effect model approach was used for data analysis. The findings indicate that Green Accounting Disclosure, as reflected by coverage percentage in compliance with GRI standard, has insignificant on firm value in Mining and Agriculture Companies. Leverage is the only variable that matters on GAD. Even though GAD performed by this study is more rigid than binary variable, The keywords need to be developed to quantify what it takes in determining GAD variable. Though green accounting disclosure is not associated with the firm value, the author’s additional analysis found that there are only a few companies in Southeast Asia that disclose green accounting in their report. Since the disclosure of green accounting is voluntarily and companies are still hesitant to voluntarily disclose green accounting in their reports.

Keywords: Green Accounting Disclosure; Firm Value; Mining Reporting; Agriculture Reporting (search for similar items in EconPapers)
JEL-codes: M14 M41 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/15151/7681 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/15151 (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:journ2:2024-01-40

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 ().