Analysis the Impact of Covid-19 on Green Accounting and Its Implications on Profitability
Purposes: This study investigates the impact of the COVID-19 pandemic on the adoption of green accounting and its consequences for profitability in the consumer goods industry listed on the Indonesia Stock Exchange from 2018 to 2022. Methods: This study utilizes panel data regression analysis cond...
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| Format: | Article |
| Language: | English |
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Universitas Negeri Semarang
2025-03-01
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| Series: | Jurnal Dinamika Akuntansi |
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| Online Access: | https://journal.unnes.ac.id/journals/jda/article/view/14130 |
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| author | Reschiwati Reschiwati Fran Sayekti Tasia Veronica |
| author_facet | Reschiwati Reschiwati Fran Sayekti Tasia Veronica |
| author_sort | Reschiwati Reschiwati |
| collection | DOAJ |
| description | Purposes: This study investigates the impact of the COVID-19 pandemic on the adoption of green accounting and its consequences for profitability in the consumer goods industry listed on the Indonesia Stock Exchange from 2018 to 2022.
Methods: This study utilizes panel data regression analysis conducted with EViews 13 software. The COVID-19 variable is examined both before and during the epidemic. Green accounting measures environmental performance and disclosure, whereas ROA represents profitability. Purposive sampling chose 21 companies that met the given criteria, yielding 86 observations.
Findings: The study shows that COVID-19 impacts environmental performance and transparency but has no meaningful impact on profitability. Furthermore, neither environmental performance nor environmental disclosure affects profitability. These results suggest that companies recognize the importance of integrating environmental performance into their operations, including waste management and the efficient use of natural resources, even though these efforts are not directly linked to profitability. This awareness enables companies to anticipate and mitigate the impacts of the pandemic. Furthermore, public ownership, as a control variable, does not significantly influence environmental performance, environmental disclosure, or profitability.
Novelty: This study uses COVID-19 variables based on variants according to the research period, namely the Delta variant, the Alpha variant, and the Omicron variant. There has never been a similar study that includes COVID-19 data divided into COVID-19 variants. The next difference is that the Performance and Environmental Disclosure variables function as both Y variables and X variables (intervening). In addition, this study also uses a control variable, namely public ownership. |
| format | Article |
| id | doaj-art-7eb3acd3e69f4bb4815faf79d564241d |
| institution | DOAJ |
| issn | 2085-4277 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | Universitas Negeri Semarang |
| record_format | Article |
| series | Jurnal Dinamika Akuntansi |
| spelling | doaj-art-7eb3acd3e69f4bb4815faf79d564241d2025-08-20T03:07:05ZengUniversitas Negeri SemarangJurnal Dinamika Akuntansi2085-42772025-03-01171163310.15294/jda.v17i1.1413014155Analysis the Impact of Covid-19 on Green Accounting and Its Implications on ProfitabilityReschiwati Reschiwati0Fran Sayekti1Tasia Veronica2Sekolah Tinggi Ilmu Ekonomi Y.A.IUniversitas Teknologi YogyakartaSekolah Tinggi Ilmu Ekonomi Y.A.IPurposes: This study investigates the impact of the COVID-19 pandemic on the adoption of green accounting and its consequences for profitability in the consumer goods industry listed on the Indonesia Stock Exchange from 2018 to 2022. Methods: This study utilizes panel data regression analysis conducted with EViews 13 software. The COVID-19 variable is examined both before and during the epidemic. Green accounting measures environmental performance and disclosure, whereas ROA represents profitability. Purposive sampling chose 21 companies that met the given criteria, yielding 86 observations. Findings: The study shows that COVID-19 impacts environmental performance and transparency but has no meaningful impact on profitability. Furthermore, neither environmental performance nor environmental disclosure affects profitability. These results suggest that companies recognize the importance of integrating environmental performance into their operations, including waste management and the efficient use of natural resources, even though these efforts are not directly linked to profitability. This awareness enables companies to anticipate and mitigate the impacts of the pandemic. Furthermore, public ownership, as a control variable, does not significantly influence environmental performance, environmental disclosure, or profitability. Novelty: This study uses COVID-19 variables based on variants according to the research period, namely the Delta variant, the Alpha variant, and the Omicron variant. There has never been a similar study that includes COVID-19 data divided into COVID-19 variants. The next difference is that the Performance and Environmental Disclosure variables function as both Y variables and X variables (intervening). In addition, this study also uses a control variable, namely public ownership.https://journal.unnes.ac.id/journals/jda/article/view/14130covid-19environmental disclosureenvironmental performancegreen accounting |
| spellingShingle | Reschiwati Reschiwati Fran Sayekti Tasia Veronica Analysis the Impact of Covid-19 on Green Accounting and Its Implications on Profitability Jurnal Dinamika Akuntansi covid-19 environmental disclosure environmental performance green accounting |
| title | Analysis the Impact of Covid-19 on Green Accounting and Its Implications on Profitability |
| title_full | Analysis the Impact of Covid-19 on Green Accounting and Its Implications on Profitability |
| title_fullStr | Analysis the Impact of Covid-19 on Green Accounting and Its Implications on Profitability |
| title_full_unstemmed | Analysis the Impact of Covid-19 on Green Accounting and Its Implications on Profitability |
| title_short | Analysis the Impact of Covid-19 on Green Accounting and Its Implications on Profitability |
| title_sort | analysis the impact of covid 19 on green accounting and its implications on profitability |
| topic | covid-19 environmental disclosure environmental performance green accounting |
| url | https://journal.unnes.ac.id/journals/jda/article/view/14130 |
| work_keys_str_mv | AT reschiwatireschiwati analysistheimpactofcovid19ongreenaccountinganditsimplicationsonprofitability AT fransayekti analysistheimpactofcovid19ongreenaccountinganditsimplicationsonprofitability AT tasiaveronica analysistheimpactofcovid19ongreenaccountinganditsimplicationsonprofitability |