Accounting Students' Perception of Green Accounting: Implications on Financial Performance and Corporate Sustainability
Keywords:
Perception, Green Accounting, Financial Performance, Corporate SustainabilityAbstract
This study aims to explore the perception of accounting students toward green accounting and its implications for financial performance and corporate sustainability. The method used is a qualitative method with a phenomenological approach to understanding student perceptions in depth as 60 students in the accounting program semester 4 in Bumigora University. The data collection technique was carried out through in-depth interviews with students of the accounting study program. The instrument used is a semi-structured interview guide that allows for further exploration flexibility. The study results show that accounting students have a progressive view of green accounting, corporate sustainability issues, respecting corporate social responsibility and environmental impact. These findings emphasize the importance for companies to implement green accounting and pay attention to the environmental impact of the company's operational activities so as not to damage the environment which will have a positive impact on the company's sustainability and financial performance in the long term.
References
Abbas, J., & Sağsan, M. (2019). Impact of knowledge management practices on green innovation and corporate sustainable development: A structural analysis. Journal of Cleaner Production , 229 , 611–620.
Ashrafi, M., Acciaro, M., Walker, T.R., Magnan, G.M., & Adams, M. (2019). Corporate sustainability in Canadian and US maritime ports. Journal of Cleaner Production , 220 , 386–397.
Astari, TA, Laurens, S., Wicaksono, A., & Sujarminto, A. (2023). Green Accounting and Disclosure of Sustainability Report on Firm Values in Indonesia. E3S Web of Conferences , 426 , 2024.
Battisti, E., Miglietta, N., Nirino, N., & Villasalero Diaz, M. (2020). Value creation, innovation practice, and competitive advantage: Evidence from the FTSE MIB index. European Journal of Innovation Management , 23 (2), 273–290.
Blome, C., Hollos, D., & Paulraj, A. (2014). Green procurement and green supplier development: antecedents and effects on supplier performance. International Journal of Production Research , 52 (1), 32–49.
Buallay, A. (2020). Sustainability reporting and firm's performance: Comparative study between manufacturing and banking sectors. International Journal of Productivity and Performance Management , 69 (3), 431–445.
ENDIANA, IDM, DICRIYANI, NLGM, ADIYADNYA, MSP, & PUTRA, IPMJS (2020). The effect of green accounting on corporate sustainability and financial performance. The Journal of Asian Finance, Economics and Business (JAFEB) , 7 (12), 731–738.
Fakir, ANM, & JUSOH, R. (2020). Board gender diversity and corporate sustainability performance: Mediating role of enterprise risk management. The Journal of Asian Finance, Economics and Business , 7 (6), 351–363.
Hamizar, A., Tubalawony, J., Yaman, A., & Maruapey, M. W. (2024). Integrating Green Accounting Into Marketing Strategies For Brand Image Sustainability Among Gen-Z Consumers. Indonesian Auditing Research Journal , 13 (1), 11–20.
Kamble, S.S., Gunasekaran, A., & Gawankar, S.A. (2020). Achieving sustainable performance in a data-driven agricultural supply chain: A review for research and applications. International Journal of Production Economics , 219 (May 2019), 179–194. https://doi.org/10.1016/j.ijpe.2019.05.022
Lindawati, ASL, Ramadhani, V., Oktavianie, H., & Kathera, V. (2022). The Effect of Green Accounting and CSR Disclosure on Profitability of LQ 45 Companies in Indonesia. Proceedings of the 6th International Conference on E-Commerce, E-Business and E-Government , 296–303.
Lusiana, M., Haat, MHC, Saputra, J., Yusliza, MY, Muhammad, Z., & Bon, AT (2021). A review of green accounting, corporate social responsibility disclosure, financial performance and firm value literature. Proceedings of the International Conference on Industrial Engineering and Operations Management , 5622–5640.
Murti, CD (2023). What is Known About Environmental Cost Accounting? Systematic Literature Review. Journal of Accounting and Investment , 24 (1), 84–100.
Napitupulu, S., Primiana, I., Nidar, SR, Effendy, N., & Puspitasari, DM (2020). The effect of management capabilities in implementing good corporate governance: A study from Indonesian banking sector. Journal of Asian Finance, Economics and Business , 7 (1), 159–165.
Napitupulu, TY, Ferinia, R., & Siagian, V. (2024). The Effect Of Green Accounting And Sales Growth On Cost Control In Manufacturing Companies. Monetary: Journal of Finance And Banking , 12 (3), 599–605.
Ortas Fredes, E., & Moneva Abadía, J.M. (2019). sustainability and environmental accounting in Spanish companies .
Purnomo, A., Sari, AK, Susanti, T., Rahayu, S., & Ashari, RA (2021). Green Accounting Study: Twenty-Seven Years Lesson of Scientometric Mapping .
Rounaghi, M. M. (2019). Economic analysis of using green accounting and environmental accounting to identify environmental costs and sustainability indicators. International Journal of Ethics and Systems , 35 (4), 504–512.
Tobing, MRR, Ridwan, AY, & Saputra, M. (2019). Designing a sustainable green accounting system based on enterprise resource planning for leather tanning industry. 2019 International Seminar on Research of Information Technology and Intelligent Systems (ISRITI) , 558–562.
Ulupui, I., Murdayanti, Y., Marini, A., Purwohedi, U., Mardia, M., & Yanto, H. (2020). Green accounting, material flow cost accounting and environmental performance. Accounting , 6 (5), 743–752.
Yong, J.Y., Yusliza, M., Ramayah, T., Chiappetta Jabbour, C.J., Sehnem, S., & Mani, V. (2020). Pathways towards sustainability in manufacturing organizations: Empirical evidence on the role of green human resource management. Business Strategy and the Environment , 29 (1), 212–228.
Additional Files
Published
Issue
Section
License
Copyright (c) 2025 Muliani; Baiq Dinda Puspita Ayu, Nukman
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
<a rel="license" href="http://creativecommons.org/licenses/by-sa/4.0/"><img alt="Creative Commons License" style="border-width:0" src="https://i.creativecommons.org/l/by-sa/4.0/88x31.png" /></a><br />This work is licensed under a <a rel="license" href="http://creativecommons.org/licenses/by-sa/4.0/">Creative Commons Attribution-ShareAlike 4.0 International License</a>.
