Green Accounting as a Strategy to Encourage Corporate Transparency and Sustainability: Systematic Literature Review"
Keywords:
Green Accounting, Transparency, Sustainability, Sustainability Reporting, Systematic Literature ReviewAbstract
This study aims to analyze the development and role of green accounting in promoting corporate transparency and sustainability in Indonesia. The study employs a Systematic Literature Review (SLR) based on the Kitchenham and Charters protocol and PRISMA guidelines. A total of 15 articles published between 2021 and 2025 were selected from 47 initial articles based on predetermined inclusion and exclusion criteria. The findings indicate that research on green accounting has increased, particularly during 2024–2025, with increasingly diverse themes, including environmental performance, CSR, sustainability reporting, Material Flow Cost Accounting (MFCA), eco-efficiency, carbon emission disclosure, profitability, financial performance, and firm value. Green accounting is no longer viewed merely as a mechanism for recording environmental costs but has developed into a strategic instrument for improving resource efficiency, the quality of environmental information, transparency, and corporate sustainability. However, studies specifically examining the quality of transparency, asymmetric information, greenwashing, and the drivers and barriers to implementation remain limited. The literature is also dominated by quantitative studies focusing on companies in Indonesia. These findings highlight the need for further research using qualitative and mixed-methods approaches, cross-country studies, and more in-depth investigations into the quality of environmental disclosure and the integration of green accounting into corporate strategic decision-making. Keywords: green accounting; transparency; sustainability; sustainability reporting; Systematic Literature Review.
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Simposium Ilmiah Akuntansi under the terms of a Creative Commons Attribution 4.0 International License / CC BY 4.0 This license permits anyone to copy and redistribute this material in any form or format, compose, modify, and make derivative works of this material for any purpose, including commercial purposes, so long as they include credit to the Author of the original work.
