Green Accounting and Corporate Governance Effects on Mining Financial Performance

Abstract

This study investigates how green accounting practices and good corporate governance mechanisms affect financial outcomes in Indonesian mining corporations listed on the Indonesia Stock Exchange in 2021–2023. Employing quantitative methodology, we analyzed secondary data from 19 purposively selected companies' annual reports using SPSS version 26 path analysis. Results demonstrate that green accounting negatively but insignificantly influences financial performance (p=0.805), while good corporate governance shows significant positive effects (p=0.013). Combined, both variables significantly impact financial outcomes (p=0.030). These findings suggest integrating green accounting with robust governance frameworks enhances organizational performance. Mining companies should strengthen governance implementation and incorporate environmental accounting into strategic sustainability planning.