Abstract

Green accounting standards are crucial for promoting corporate environmental responsibility, particularly in emerging economies. This paper explores the impact of these standards on environmental performance by analyzing data from 500 companies that have adopted green accounting practices. The study employs a quantitative methodology, using regression analysis to determine the relationship between green accounting adoption and improvements in environmental performance. The results show a significant positive correlation, suggesting that the implementation of green accounting standards leads to better environmental outcomes. This paper contributes to the growing body of literature on green accounting, offering insights into how businesses can integrate environmental considerations into their financial operations.