Analysis of the application of green accounting:Profit potential for increasing stock price
(Empirical Study of Companies that have won green industry awards and are listed on the Indonesia Stock Exchange in 2017-2021)
DOI:
https://doi.org/10.32528/issh.v2i3.379Keywords:
green accounting, profit potential, stock price, ROE, green industry awardAbstract
This study aims to build a conceptual model of potential earnings to bridge the research gap on green accounting and increase stock prices. Companies that received the Green Industry Award and were listed on the Indonesia Stock Exchange between 2017 and 2021 made up the population of this research. 165 pieces of research data over 5 years were used to pick a total sample of 33 organizations using a census or total sampling method. The corporate annual reports are the secondary data source, which was obtained through documentation study methods from www.idx.com. This study uses a quantitative associative methodology. This study makes use of SPSS v25 software for path analysis testing. The study's findings demonstrate that profit potential has a positive and large impact on stock prices, while profit potential has a positive and significant impact on green accounting's impact on stock prices. This study expands on earlier research's investigation of the potential for profit variable, and has been shown to have no influence as a mediating variable.
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