From Recording to Regulation: Integrative Carbon Accounting as a Driver of Energy Transition Regulatory Intensity among Industrial Firms and MSMEs in Indonesia
DOI:
https://doi.org/10.38035/gijea.v4i4.1475Keywords:
Carbon Accounting, Energy Transition, Regulatory Intensity, Institutional Theory, MSMEsAbstract
Carbon accounting has been transformed from a mere supplement to sustainability reports to a critical information infrastructure that underpins the formulation of climate policy as a result of the transition to a low-carbon economy. This research investigates the impact of the Integrative Carbon Accounting (MICA) model on the Energy Transition Regulatory Intensity (IRTE) as perceived by corporate entities. A questionnaire-based survey was implemented as a quantitative methodology. The findings suggest that profitability has a detrimental impact on the value of a firm, while firm size and leverage do not have a substantial impact. These results indicate that the integration of structured and credible emissions data into business recording systems results in a reduction in costs. This study broadens the scope of the carbon accounting literature by presenting carbon accounting as an exogenous variable that influences regulatory dynamics, rather than solely a byproduct of regulation.
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Copyright (c) 2026 Julia Safitri, Novita Nugraheni, Lintang Putri Estiarto, Tatan Mayandripan, Reni Januarti
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