The Impact of Green Accounting on Firm Value: The Mediating Role of Company Growth

Authors

  • David Seand Rafael Lubis Universitas Riau
  • Meilda Wiguna Universitas Riau
  • Nur Azlina Universitas Riau

DOI:

https://doi.org/10.26418/apssai.v5i2.124

Keywords:

Company Growth, Firm Value, Green Accounting, Mediation, Sustainability

Abstract

Research aims: This study examines the effect of green accounting on firm value with company growth as a mediating variable. The increasing demand for corporate sustainability has encouraged firms to integrate environmental considerations into their accounting practices.

Design/Methodology/Approach: Using a quantitative research approach, this study analyses secondary data obtained from companies that implement green accounting practices. The data are analysed using mediation analysis to evaluate both direct and indirect relationships among variables.

Research findings: The results indicate that green accounting has a positive and significant effect on firm value. Furthermore, green accounting also positively influences company growth, thereby enhancing firm value. The mediation test reveals that company growth partially mediates the relationship between green accounting and firm value. These findings suggest that implementing green accounting not only strengthens corporate growth but also increases firm value by improving stakeholder trust and long-term sustainability performance.

Theoretical contribution/Originality: This study contributes to the literature on sustainable accounting by providing empirical evidence on the strategic role of green accounting in enhancing firm value.

Downloads

Published

25-10-2025

How to Cite

Lubis, D. S. R., Wiguna, M., & Azlina, N. (2025). The Impact of Green Accounting on Firm Value: The Mediating Role of Company Growth. APSSAI ACCOUNTING REVIEW, 5(2), 75–87. https://doi.org/10.26418/apssai.v5i2.124

Issue

Vol. 5 No. 2 (2025): Oktober (Articles in Progress)

Section

Articles

License

Copyright (c) 2025 Authors

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

License

APPSAI Accounting Review is licensed under Creative Commons Attribution 4.0 International License.

You are free to:

  1. Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
  2. Adapt — remix, transform, and build upon the material for any purpose, even commercially.
  3. The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

  1. Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  2. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

Copyright

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgment of initial publication in this journal.

Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges and earlier and greater citation of published work (See The Effect of Open Access).