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 1. Home /
 2. Archives /
 3. Vol. 2 No. 2 (2024): (GIJEA) Greenation International Journal of Economics
    and Accounting (June - August 2024) /
 4. Articles


THE EFFECT OF GREEN INTELLECTUAL CAPITAL, ENVIRONMENTAL PERFORMANCE ON FINANCIAL
PERFORMANCE WITH GREEN STRATEGY AS MODERATION


AUTHORS

 * Pratiwi Nila Sari Faculty of Economics and Business, Bhayangkara Jakarta Raya
   University, Jakarta, Indonesia
 * M. Fadhli Nursal Faculty of Economics and Business, Bhayangkara Jakarta Raya
   University, Jakarta, Indonesia


DOI:

https://doi.org/10.38035/gijea.v2i2.225


KEYWORDS:

GIC, Environmental Performance, financial performance, Green Strategy


ABSTRACT

This study aims to determine the role of green strategy in moderating the effect
of green intellectual capital and environmental performance on financial
performance. This research uses energy sector companies during the 2019-2022
period. Sampling method with purposive sampling. The results of this study
indicate that green intellectual capital, environmental performance individually
does not affect company performance. Likewise with the role of green strategy
which is not able to strengthen the influence of green intellectual capital,
environmental performance does not affect company performance. However, the
results of the tests carried out simultaneously showed that the results of green
intellectual capital and environmental performance had an effect on company
performance. There are implications in this research, namely for companies to be
able to consider the environmental performance presented in sustainability
reports, in order to be able to provide information not only on financial but
also non-financial performance that encourages potential investors to invest in
companies and for environmental sustainability. Regulators can provide
international standards such as the GRI related to environmental performance
disclosure to become a reference for companies. The limitations that researchers
found when conducting this research are that there are several companies that
have not published sustainability reports. In addition, the company also has not
disclosed according to the 2021 GRI standards in its sustainability report.


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PUBLISHED

2024-08-19


HOW TO CITE

Nila Sari, P., & Fadhli Nursal, M. (2024). The Effect of Green Intellectual
Capital, Environmental Performance on Financial Performance with Green Strategy
as Moderation. Greenation International Journal of Economics and Accounting,
2(2), 218–230. https://doi.org/10.38035/gijea.v2i2.225
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