The Impact of Environmental Management Accounting on Environmental Performance and Financial Performance of Manufacturing Companies in Indonesia

Abstract

This study aims to examine the influence of environmental management accounting on the environmental performance and financial performance of manufacturing companies in Indonesia. This is a quantitative study using secondary data obtained from Bloomberg. The 208 sample used in this research consists of manufacturing companies listed on the Indonesia Stock Exchange during the period of 2018-2022. For data analysis, a simple linear and multiple regression analysis technique was used. The results of the study indicate that environmental management accounting has no impact on environmental performance meanwhile environmental management accounting positively impacts financial performance. Furthermore, environmental performance positively impacts financial performance.