<![CDATA[The manufacturing sector is a major contributor to Indonesia’s Gross Domestic Product (GDP), yet its activities may also cause environmental problems. This condition encourages companies to implement green accounting and disclose sustainability information through sustainability reports as a form of accountability to stakeholders. This study aims to examine the effect of green accounting on sustainability reports and financial performance, as well as the mediating role of sustainability reports in the relationship between green accounting and financial performance in manufacturing companies listed on the Indonesia Stock Exchange during 2021–2024. This study employed a quantitative approach using secondary data obtained from annual reports and sustainability reports. The sample consisted of 68 manufacturing companies, resulting in 272 observations selected through purposive sampling. Green accounting was measured using the PROPER rating, sustainability reports were assessed based on the GRI Standards 2021 disclosure index, and financial performance was proxied by Return on Assets (ROA). Data were analyzed using Hayes PROCESS Macro Model 4. The results show that green accounting has a positive and significant effect on sustainability reports but does not significantly affect financial performance. In addition, sustainability reports have no significant effect on financial performance and do not mediate the relationship between green accounting and financial performance.]]>
Copyrights © 2026
