Economic Performance from the Perspective of Green Accounting and Environmental Disclosure

Companies are regarded as entities that confer a multitude of advantages upon society, while simultaneously contributing to the detrimental effects of global warming. Economic growth has led to an increase in the number of industries and has become a magnet for migration, resulting in increasing amounts of industrial waste and domestic wastewater. One environmentally friendly practice undertaken by companies is the implementation of green accounting and environmental performance in accounting practices. Economic performance is needed as a measuring tool to assess a company's performance and financial health in investor decision-making, while still considering environmental and social factors. The purpose of this study is to examine the impact of green accounting and environmental disclosure on economic performance. The study population was all the companies listed on the Indonesia Stock Exchange (IDX) in 2019-2023. The sample selection used a purposive sampling method, resulting in a sample size of 97, or 485 observational data. The results show that green accounting has a positive effect on economic performance, while environmental disclosure has a negative effect on economic performance.