The The Impact of Green Accounting and Material Flow Cost Accounting Implementation on Sustainable Development in Basic and Chemical Industry Companies Listed on The Indonesia Stock Exchange in 2020-2023

Abstract

This study tends to test and obtain empirical evidence related to the impact of the implementation of green accounting and material flow cost accounting on sustainable development in basic and chemical industry companies listed on the IDX in 2020-2023. The sampling method uses the purposive sampling technique, while the data used is secondary data in the form of annual reports and selected reports. This research employes a quantitative approach with an analysis tool in the form of SPSS software version 27. The results amplify that green accounting and material flow cost accounting (MFCA) have a significant and positive impact on sustainable development. The application of green accounting is considered to be able to improve the company's image in responding to demands for environmental responsibility, the application of MFCA in the company's operational processes can help reduce environmental costs by reducing the negative impacts of production activities.

Keywords: Green Accounting, Material Flow Cost Accounting, Sustainable Development