THE INFLUENCE OF ENVIRONMENTAL COST AND GREEN PROCESS INNOVATION ON FINANCIAL PERFORMANCE

Authors

  • Nadya Akhfanabila Akuntansi, STIE Indonesia Banking School
  • Taufiq Hidayat Akuntansi, STIE Indonesia Banking School

Keywords:

environmental cost, green process innovation, environmental performance, financial performance

Abstract

This research examines the influence of environmental cost and green process innovation on financial performance with environmental performance as a moderating variable. The population in this study consists of all manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2018-2022, using purposive sampling technique, with a total sample of 15 manufacturing companies. This research uses multiple linear regression to test hypotheses. The results show that environmental cost has a positive effect on financial performance, green process innovation has a negative effect on financial performance, and environmental performance can strengthen the influence of environmental cost and green process innovation on financial performance.

Published

2024-03-06

Issue

Vol. 11 (2024): How Do Accountants Contribute to Environmental Sustainability by Leveraging Artificial Intelligence?

Section

Articles
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