Role of Green Accounting for Improving the Financial Performance and Corporate Profitability: A Study on Highly Polluting Companies in Bangladesh

The analysis examined how green accounting practices affect the business performance and profitability of environmentally sensitive industries in Bangladesh. Highlighting five ceramic companies registered on the Dhaka Stock Exchange (DSE), the research takes a qualitative approach, depending on secondary data from the companies' 2019 annual reports. The study evaluates descriptive statistics and multiple linear regression analysis. Findings specify a positive connection between the executions of environmental accounting and enhanced corporate performance. The results advice that incorporating environmental costs into financial reports, besides encouraging long-term ecological responsibility, also improves profitability. The study highlights the strategic value of green accounting in helping businesses align their financial goals with environmental sustainability, particularly in developing countries. It delivers valuable direction for policymakers, regulatory bodies, and corporate decision-makers looking to inspire more sustainable industrial practices. Ethical standards and methodological rigor were meticulously upheld during the research process.