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Journal : Journal Markcount Finance

Green Accounting and Sustainable Finance: The Role of Tax Incentives Kurniati, Nia; Santos, Luis; Reyes, Maria Clara
Journal Markcount Finance Vol. 3 No. 1 (2025)
Publisher : Yayasan Pendidikan Islam Daarut Thufulah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70177/jmf.v3i1.2136

Abstract

Green accounting and sustainable finance have emerged as critical tools for promoting environmental sustainability and economic growth. Tax incentives are increasingly recognized as a key mechanism to encourage businesses to adopt green accounting practices and invest in sustainable projects. However, the effectiveness of tax incentives in driving sustainable finance remains underexplored, particularly in developing economies where environmental regulations are still evolving. This study aims to examine the role of tax incentives in promoting green accounting and sustainable finance, providing insights into how fiscal policies can support environmental sustainability. A quantitative research design was employed, utilizing data from 200 companies in Indonesia. Multiple regression analysis was used to analyze the relationship between tax incentives, green accounting practices, and sustainable finance indicators, such as green investments and carbon footprint reduction. The findings reveal that tax incentives significantly enhance green accounting practices and sustainable finance. Companies benefiting from tax incentives reported higher levels of green investments and greater reductions in carbon emissions. The study also found that firm size and industry type moderate this relationship, with larger firms and those in environmentally sensitive industries showing stronger responses to tax incentives. This study highlights the importance of tax incentives in driving green accounting and sustainable finance. The results suggest that policymakers should design targeted tax policies to encourage businesses to adopt environmentally sustainable practices and contribute to global sustainability goals.
Co-Authors - Sutrisno Abd. Hafizh, Ramdani Ade Bastian Adi Prayoga, Dimas Afidah, Ida Afifah, Siti Sarah Agnia Karimah Ahmad Muttaqin Ainur Rohmah, Ainur Ajat, Ajat Amaliah, Khusnatul Anggatama, Rizki Anisatur Rofiqah, Siti Anna Fitriawati Anwar, Choiril Apriliani, Anik Apriyana, Della Ariansyah, Rio Tegar Arief Hadziq Fikri Arif, M. Fauzi Arifin Syatibi Artaji, Artaji Arwin AP Akib Aryono Hendarto Asep Ahmad Sidiq Atie Rachmiatie Bambang Saiful Ma’arif BENI SETIAWAN Betty Rubiati Budi Utomo Cahya Dewi Satria, Cahya Dewi Cecep Muhamad Iyen Sobari Chairiawaty D Lababan, Muhamad Oscario Dadang Epi Sukarsa Dadi Ahmadi Dantia, Nanda Aprilia Cahya Darwis, Herdianti De Side, Gagassage Nanaluih Deddy Mulyana Dede Faisal faisal Dedeh Fardiah Dewi Kania Sugiharti Dharmayati B. Utoyo Diah Ajeng Setiawati, Diah Ajeng Dina Muktiarti, Dina Djajadiman Gatot Djuara P Lubis Dzela Kartika Ayuningtyas edy Eka Agustina, Eka Eko Swistoro El-Yunusi, Muhammad Yusron Maulana Emelia, Wa Ode Nadya Emelya Chow Enny Zuliatie Ere Mardella Arbiani Fachry Abda El Rahman Fatma Alief Afifah Ferry Darmawan fili, mantri kromo fandith Fitra insani Fitra Fitriani, Fidha Fujia Mesarina Sasmita Gulianti, Lia Guyup Mahardhian Dwi Putra Hamdani, Erwin Harahap Hani Mysha Putri Hanifah Ramadhani Nasution Hastuti Retno Kuspiyah, Hastuti Retno Hellena Deli Helza Nova Lita Hendi Suhendi Hendi Suhendi Hendra, Zul Hermanto, Basuki Sri Ibnu Fakhir Ida Afidah Idham Amir Imas Sukaesih Sitanggang Indah Siti Nurazizah Iqbal Nur Muhammad Irawati Irawati Irman Hermadi Isma, Atika Faizatul Iswan jovanka, Novalizcitra K.A. Gafur, Tri Baginda Kamaluddin Hidayat Kartini, Fitriah Kemas Firman Khadijah, Dinda Nur Khaerunnisa, Hasna Kharawan, Athifah Arsa Khatimah, Nur Khusnul Khusnah, Anisa Ul Kiransyah, M. Rafki Razif Komarudin Shaleh Lailatul Fitriyah Lestari, Lilia Putri lilis nurhayati Lokapitasari Belluano, Poetri Lestari Lulu Alawiyah Nurillah M Nur hidayat, Dayad Magdalena, Silvia Malki Ahmad Nasir Maret Priyanta Marsa, Shela Septina Marsubrin, Putri Maharani Tristanita Maslena, Mega Maudya, Fatma Namira Mey Susanti AS Milatun khasanah Milda Milda, Milda Mildasari, Mildasari Moh Jibral Imperial Day Mordekhai, Jordan Mubarak, Syahrul Muhammad Afif Muhammad Agung Purnama Muhammad Farhan Muhammad Fauzi Arief Muhammad Fikri Herliawan Muhammad Nabil Muhammad Nurramadhan Muhammad Raihan Muhammad Rifqi Rosyaddin Mulya Rahma Karyanti, Mulya Rahma Mulya Safri Mustari, Muhid Mutia Umar N. Sausan M. Sholeh Nabiila Setiawan Bila Nabila, Azzah Nafilia Nesafitri Nandang HMZ Nandang HMZ Nasruddin Nazirah, Aliyah Novie Amelia Chozie Nurbella Nurhayati, Elis Nurwahidah P, Kharisma Jayak Pawit M. Yusuf, Pawit M. Pentatito Gunowibowo Pramadytha Maharani Putri Irmansyah Pramita Gayatri Prasetyo, Windu Gandung Puji Adi Pertiwi Purnawansyah Purnawansyah Putri, Desy Hanisa Rachma Putri Rahman, Miftakhul Rahmatia Tajudin Rahmatia Tajudin Raihanam Zulfahri Ramdaniah Ramdaniah Raudhah, Putri Reginawanti Hindersah Reni Reni, Reni Retno Damayanti Reyes, Maria Clara Reynata Alya Hartono Rheny Asri Chandra Putri Ridho Riandi Rifayandhi, Muhamad Hanif Rilus Kinseng Rini Rinawati Riqkiyah, Diyana Fauziya Riska Hediya Putri Riska Mauliana Rismiati, Della Ritonga, Ivan Teguh Saputra Rizki Wahyuni Lubis Rohmatul Mahfiroh Rukhviyanti, Novi Rumengan, Tommy Arby Sabilah, Dina Sakna, Sabilinnisa' Salim, Yulita Salshabilla Firdausi Santos, Luis Santoso, Dara Ninggar Selamat, Rachmat Septiani, Ni Kadek Ely Septiani, Nita Setiawan Asri, Nur Aslam setiawati, rahmi Setyo Riyanto Shaleh, Komarudin Sherly Meilintan Surya Shofa, Ghefira Zahira Silvi Yulia Sari Siska Anraeni Sisma Yani Tumanggor Sondi Kuswaryan Sri Hastuti Noer Sri Hermanto, Basuki SRI RAHMAYANTI Sri Utami Sudigdo Sastroasmoro Sugeng Sutiarso Sulistianingsih, Dina Sutisari, Werdi Syahrani, Anita Syaumudinsyah Syaumudinsyah, Syaumudinsyah Syukur, Amalia Nurfitria T Nilamsari Tezsa Arbainatasya Tian Sopyan Abdullah Toha Muhaimin Tri Ferga Prasetyo Tripandi Silaban Triyanti Anugrahini Ulfia Hasanah Ulwiyah, Fina Uswatun Layina Maya Vidi Siami Mulyanti Widia Ningsih, Widia Widiyanto, Wahyu Wijaya Widyani, Julia Wisnu Probo Wijayanto Yani Pujiwati Yani Ramdani Yessi Yuniarti Yogi Prawira, Yogi Yuliana Yuliana Yulianah M. Yusuf, Siti Yulinda Adharani, Yulinda Yusuf Saepul Zamil YUSUF, DIANA Yusuf, Siti Yulianah M. Zahirah, Dinna Zakiudin Munasir Zulaikah