Green Accounting: Evaluating the Economic and Environmental Impacts in Emerging Markets

Muhammed Zakir Hossain, Annatul Islam Hredoy and Jobaer Rahman Rashed
Additional contact information
Muhammed Zakir Hossain: Associate Professor, Department of Business Studies, State University of Bangladesh, Bangladesh
Annatul Islam Hredoy: Carlson School of Management, University of Minnesota, United States of America
Jobaer Rahman Rashed: Humphrey School of Public Affairs, University of Minnesota, United States of America

Post-Print from HAL

Abstract: Through quantitative analysis, this study examines the economic benefits of green accounting policies in emerging markets, addressing a significant gap in sustainability accounting research. With growing environmental and economic pressures, green accounting has become a tool for integrating ecological costs into traditional financial frameworks. This research evaluates the impact of green accounting policies on key economic indicators, including GDP growth, employment, and foreign direct investment (FDI), across a representative sample of emerging economies. Using econometric modeling and regression analysis on national and international database data, the study identifies positive correlations between green accounting practices and improved economic performance, particularly in sectors heavily reliant on natural resources. The results demonstrate that green accounting policies contribute to achieving environmental goals, enhancing economic resilience, and promoting competitiveness in emerging markets. These findings provide valuable insights for policymakers and business leaders, underscoring the potential for green accounting to drive sustainable economic development. The study's implications suggest that strengthening green accounting frameworks could enhance the long-term sustainability and economic stability of emerging economies.

Keywords: Sustainable Development; Economic Growth; Emerging Markets; Green Accounting (search for similar items in EconPapers)
Date: 2025-11-17
References: Add references at CitEc
Citations:

Published in European Journal of Management, Economics and Business, 2025, 2 (6), pp.135-152. ⟨10.59324/ejmeb.2025.2(6).10⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:hal:journl:hal-05736669

DOI: 10.59324/ejmeb.2025.2(6).10

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().