The role of environmental performance in mediating the relationship between green accounting and corporate social responsibility

  • Received January 14, 2024;
    Accepted February 26, 2024;
    Published March 11, 2024
  • Author(s)
  • DOI
    http://dx.doi.org/10.21511/ee.15(1).2024.04
  • Article Info
    Volume 15 2024, Issue #1, pp. 46-55
  • TO CITE АНОТАЦІЯ
  • Cited by
    2 articles
  • 516 Views
  • 195 Downloads

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License

The problems of pollution, global warming, and environmental damage are currently relevant and vital challenges for corporations, governments, and society. The implementation of green accounting is one of the responses of corporations to overcome sustainability issues. This study aims to examine the impact of green accounting on the level of environmental performance and the impact of environmental performance on corporate social responsibility (CSR) disclosure. This study also tests the role of environmental performance as a mediating variable in the relationship between green accounting and CSR disclosure. The sample consists of 95 listed Indonesian firms during the period 2017–2021. The results show that the adoption of green accounting positively affects environmental performance (coefficient is 0.291 and p-value < 0.01). Meanwhile, environmental performance positively affects CSR disclosure with a coefficient of 0.296 and a p-value < 0.01. The empirical evidence also shows that environmental performance has a critical role as a mediating variable in the effect of green accounting on CSR disclosure.

view full abstract hide full abstract
    • Figure 1. PLS-SEM analysis
    • Table 1. Descriptive statistics
    • Table 2. Measurement model evaluation
    • Table 3. Model fit indices
    • Table 4. Path coefficients and p-values
    • Table 5. Mediation effect test
    • Conceptualization
      Dwi Ratmono, Rasid Mail
    • Data curation
      Dwi Ratmono, Nur Cahyonowati, Dyah N. A. Janie
    • Formal Analysis
      Dwi Ratmono, Rasid Mail
    • Investigation
      Dwi Ratmono, Nur Cahyonowati
    • Methodology
      Dwi Ratmono, Rasid Mail
    • Project administration
      Dwi Ratmono, Dyah N. A. Janie
    • Software
      Dwi Ratmono, Nur Cahyonowati, Dyah N. A. Janie
    • Supervision
      Dwi Ratmono, Rasid Mail
    • Validation
      Dwi Ratmono, Rasid Mail
    • Writing – original draft
      Dwi Ratmono, Nur Cahyonowati, Dyah N. A. Janie
    • Writing – review & editing
      Dwi Ratmono, Rasid Mail