The Effect of Applying Green Accounting on Product Design  and Profitability of Companies Listed on The Egyptian   Stock Exchange

Broey, Ahmed Fawzy Ahmed; Mahmoud, Wael Hussin Mohamed

doi:10.21608/aljalexu.2024.345477

The Effect of Applying Green Accounting on Product Design and Profitability of Companies Listed on The Egyptian Stock Exchange

Document Type : Original Article

Authors

¹ Accounting teacher at the Higher Institute for Electronic Commerce Systems in Sohag

² Assistant Professor in the Accounting Department - Cairo Higher Institute of Languages, Translation and Administrative Sciences in Mokattam

10.21608/aljalexu.2024.345477

Abstract

The current study aims to analyze the impact of applying green accounting on product design and the profitability of companies listed on the Egyptian Stock Exchange. The study relied on the descriptive analytical approach, which relies on desk studies and field studies. A questionnaire form was used and distributed to a sample of financial managers, employees of financial departments, and members of the Financial Management Authority. Teaching Staff and their assistants in Egyptian universities. The sample number reached 338 individuals.
Through the field study, the researcher reached many results, the most important of which are: accepting the first hypothesis of the study, which states: There are non-significant differences and agreement between the opinions of the study sample on the presence of awareness and understanding of the application of green accounting in companies listed on the Egyptian Stock Exchange, and accepting the second hypothesis of the study, which states: There are non-significant differences and agreement between the opinions of the study sample about the presence of a positive effect of applying green accounting on product design in companies listed on the Egyptian Stock Exchange, and accepting the third hypothesis of the study which states: There are non-significant differences and agreement between the opinions of the study sample about the presence of a positive effect of applying green accounting on profitability. Companies listed on the Egyptian Stock Exchange. Based on the results of the study, a number of recommendations and proposals were presented, as well as the prospects for future studies.

Keywords