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IMPROVING CORPORATE SUSTAINABILITY THROUGH IMPLEMENTING GREEN ACCOUNTING AND MATERIAL FLOW COST ACCOUNTING

Jurnal Ilmu Akuntansi dan Bisnis Syariah (AKSY) · Vol. 8 No. 1 (2026) · pp. 73–91

DOI
10.15575/aksy.v8i1.51905
ISSN
2655-9420
Published
2026-01-14
Publisher
UIN Sunan Gunung Djati Bandung
Language
eng
License
creativecommons.org/licenses/by-sa/4.0

Abstract

This study aims to analyse how the implementation of green accounting and material flow cost accounting (MFCA) can enhance corporate sustainability in mining companies listed on the Indonesian Sharia Stock Index (ISSI). Green accounting is measured through the PROPER program, while MFCA is proxied by factory area and production output. The study uses a quantitative approach and purposive sampling from companies listed on the ISSI for the 2021-2023 period. The results show that green accounting does not have a significant effect on improving corporate sustainability. MFCA, measured by factory area, shows no significant relationship in improving corporate sustainability. In contrast, MFCA, proxied by production output, has a significant positive effect on corporate sustainability. Meanwhile, green accounting and MFCA have a substantial impact on improving corporate sustainability. The study's results indicate that the simultaneous approach is more effective at supporting sustainability. The synergy between green accounting and MFCA helps companies formulate sustainable business strategies by ensuring compliance, thereby driving innovation and competitive advantage through transparency, environmental accountability, resource efficiency, and waste reduction.

Keywords

Collaboration network of the authors

40 authors · 94 co-authorship links · showing the 40 most connected

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  • Padjadjaran University
  • State University of Makassar
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Ade PonirahAffiliation unknown3
Taufiq Ridwan MurtadhoAffiliation unknown2
Erwin MunandarAffiliation unknown2
Nur RohmanAffiliation unknown1
Fernanda RegitaniaAffiliation unknown1
Zaenul WafaAffiliation unknown1
Muhamad Auna Febrian RobaniAffiliation unknown1
Razan Hafiz GhaisanAffiliation unknown1
Gilang SamudraAffiliation unknown1
Nurhaeti NurhaetiAffiliation unknown1
Yesa Tiara Purnama SariAffiliation unknown1
Yesa Tiara Purnama SariAffiliation unknown1
Nana DianaAffiliation unknown1
Jaenudin JaenudinAffiliation unknown1
Iwan SetiawanPadjadjaran University1
Dudang GojaliAffiliation unknown1
Yusef YakubiAffiliation unknown1
Yulia Fithriany RahmahAffiliation unknown1
Budi BudimanAffiliation unknown1
Yulia FithrianyAffiliation unknown1
Kadar NurjamanAffiliation unknown1
Cupian CupianAffiliation unknown1
Esa KurniaAffiliation unknown1
Setia MulyawanAffiliation unknown1
WidiawatiAffiliation unknown1
Rega RamadhaniAffiliation unknown1
Suteja Wira Dana KusumaAffiliation unknown1
Nur EfendiAffiliation unknown1
Ramadhani Irma TripalupiAffiliation unknown1
Lina Marlina SusanaAffiliation unknown1
Suparman KholilAffiliation unknown1
Lukman NadjamuddinState University of Makassar1
WindayantiAffiliation unknown1
Idrus RoreAffiliation unknown1
Wilman LumanginoAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://journal.uinsgd.ac.id/index.php/aksy/oai, first harvested 7 Nov 2026, last seen 8 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en-US">IMPROVING CORPORATE SUSTAINABILITY THROUGH IMPLEMENTING GREEN ACCOUNTING AND MATERIAL FLOW COST ACCOUNTING</dc:title>
	<dc:creator>Irma Tripalupi, Ramdhani</dc:creator>
	<dc:creator>Afrianti, Rika</dc:creator>
	<dc:creator>Asma' Binti Mohd Rosdi, Siti</dc:creator>
	<dc:creator>Sakinah, Gina</dc:creator>
	<dc:creator>Zaky, Muhammad</dc:creator>
	<dc:subject xml:lang="en-US">Corporate Sustainability, Green Accounting, Material Flow Cost Accounting</dc:subject>
	<dc:description xml:lang="en-US">This study aims to analyse how the implementation of green accounting and material flow cost accounting (MFCA) can enhance corporate sustainability in mining companies listed on the Indonesian Sharia Stock Index (ISSI). Green accounting is measured through the PROPER program, while MFCA is proxied by factory area and production output. The study uses a quantitative approach and purposive sampling from companies listed on the ISSI for the 2021-2023 period. The results show that green accounting does not have a significant effect on improving corporate sustainability. MFCA, measured by factory area, shows no significant relationship in improving corporate sustainability. In contrast, MFCA, proxied by production output, has a significant positive effect on corporate sustainability. Meanwhile, green accounting and MFCA have a substantial impact on improving corporate sustainability. The study's results indicate that the simultaneous approach is more effective at supporting sustainability. The synergy between green accounting and MFCA helps companies formulate sustainable business strategies by ensuring compliance, thereby driving innovation and competitive advantage through transparency, environmental accountability, resource efficiency, and waste reduction.</dc:description>
	<dc:publisher xml:lang="en-US">UIN Sunan Gunung Djati Bandung</dc:publisher>
	<dc:date>2026-01-14</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en-US">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.uinsgd.ac.id/index.php/aksy/article/view/51905</dc:identifier>
	<dc:identifier>10.15575/aksy.v8i1.51905</dc:identifier>
	<dc:source xml:lang="en-US">Jurnal Ilmu Akuntansi dan Bisnis Syariah (AKSY); Vol. 8 No. 1 (2026): Jurnal Ilmu Akuntansi dan Bisnis Syariah; 73-91</dc:source>
	<dc:source>2655-9420</dc:source>
	<dc:source>10.15575/aksy.v8i1</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.uinsgd.ac.id/index.php/aksy/article/view/51905/15975</dc:relation>
	<dc:rights xml:lang="en-US">Copyright (c) 2026 Jurnal Ilmu Akuntansi dan Bisnis Syariah (AKSY)</dc:rights>
	<dc:rights xml:lang="en-US">https://creativecommons.org/licenses/by-sa/4.0</dc:rights>
</oai_dc:dc>