Green accounting research: A comparative bibliometric analysis of global and Indonesian studies

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Type of the article: Research Article

Abstract
Green accounting has become an increasingly crucial research field due to its significance in addressing climate change. While global studies in this field have expanded extensively, contributions from Indonesia-affiliated researchers remain relatively underexplored, much to Indonesia’s detriment, given its vast natural resources and existing environmental challenges. This study employs a bibliometric analysis to explore trends, impact, and collaboration patterns in green accounting studies globally, with a specific comparison of Indonesia-affiliated publications. A comprehensive analysis utilizing the retrieved dataset from the Scopus database was conducted to identify key research clusters and to highlight relevant topics such as carbon accounting, sustainability, environmental performance, and the integration of the environmental, social, and governance (ESG) factors into corporate policies. Network visualizations using VosViewer were constructed to examine the landscape of green accounting both globally and within Indonesia-affiliated research, aiming to compare global research with that linked to Indonesia. Global research covers broader topics surrounding carbon accounting, sustainability, environmental performance, the integration of ESG factors into corporate policies, and life cycle assessment. Meanwhile, Indonesia-affiliated research is more concentrated, focusing on topics such as financial/environmental performance and forestry issues. This study suggests that Indonesia-affiliated research would benefit from diversifying its focus toward globally emerging or established topics such as sustainable practices, carbon management, and the global sustainability reporting standards to enhance its academic visibility and relevance.

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    • Figure 1. Publication trend of green accounting studies from the global dataset
    • Figure 2. Publication trend of green accounting studies from the Indonesia-affiliated dataset
    • Figure 3. Thematic map of green accounting studies from global (a) and Indonesia-affiliated datasets (b)
    • Figure 4. Thematic evolution of green accounting studies from global (a) and Indonesia-affiliated datasets (b)
    • Figure 5. (a) Network visualization of global green accounting keywords (weights: occurrences) and (b) Density visualization of global green accounting keywords (weights: occurrences)
    • Figure 6. (a) Network visualization of Indonesia-affiliated green accounting keywords (weights: occurrences) and (b) Density visualization of Indonesia-affiliated green accounting keywords (weights: occurrences)
    • Figure 7. Green accounting trends among institutions in global (A) and Indonesia-affiliated datasets (B)
    • Figure 8. Network visualizations of co-authorship countries for the green accounting research based on global (a) and Indonesia-affiliated datasets (b)
    • Table 1. Completeness of metadata of publication datasets on the global green accounting studies
    • Table 2. Completeness of metadata of publication datasets on the Indonesia-affiliated green accounting studies
    • Table 3. Document type of green accounting research (1975–2023)
    • Table 4. Top 10 most cited globally published articles on green accounting
    • Table 5. Top 10 most cited published Indonesia-affiliated articles on green accounting
    • Table 6. Clusters of trending green accounting studies
    • Table 7. Clusters of trending Indonesia-affiliated green accounting studies
    • Conceptualization
      Surna Lastri, Syamsidar, Intan Rizkia Qudri, Williams Chiari, Raida Fuadi, Linda
    • Data curation
      Surna Lastri, Syamsidar, Linda
    • Formal Analysis
      Surna Lastri, Intan Rizkia Qudri, Williams Chiari, Raida Fuadi
    • Funding acquisition
      Surna Lastri, Syamsidar, Intan Rizkia Qudri, Emmi Suryani Nasution
    • Investigation
      Surna Lastri, Syamsidar
    • Methodology
      Surna Lastri, Syamsidar, Intan Rizkia Qudri, Williams Chiari, Raida Fuadi
    • Project administration
      Surna Lastri, Emmi Suryani Nasution
    • Resources
      Surna Lastri, Syamsidar, Emmi Suryani Nasution, Raida Fuadi, Linda
    • Software
      Surna Lastri, Intan Rizkia Qudri, Williams Chiari
    • Supervision
      Surna Lastri, Syamsidar, Williams Chiari, Raida Fuadi, Linda
    • Validation
      Surna Lastri
    • Visualization
      Surna Lastri, Syamsidar, Emmi Suryani Nasution
    • Writing – original draft
      Surna Lastri, Williams Chiari, Linda
    • Writing – review & editing
      Surna Lastri, Syamsidar, Intan Rizkia Qudri, Linda