The Role of Environmental Performance Moderation in the Effect of Green Innovation on Financial Performance.
This research is a quantitative study that seeks to understand whether green innovation affects financial performance by moderating environmental performance. The subjects involved in this research include several manufacturing companies listed on the IDX during the 2019-2022 period. Meanwhile, the...
| Published in: | Riwayat: Educational Journal of History & Humanities Vol. 6; no. 4; pp. 2572 - 2584 |
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| Main Authors: | , |
| Format: | Article |
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Riwayat: Educational Journal of History & Humanities
2023
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| Summary: | This research is a quantitative study that seeks to understand whether green innovation affects financial performance by moderating environmental performance. The subjects involved in this research include several manufacturing companies listed on the IDX during the 2019-2022 period. Meanwhile, the sample for this research was 30 companies taken. using the purposive sampling technique. Data processing and hypothesis testing using descriptive analysis, panel data regression estimation, traditional hypothesis testing, and moderated regression analysis (MRA). Use the Eviews 12 2023 application. The results of this research show that green innovation has a positive influence and significant impact on financial performance and the interaction between green innovation and environmental performance as a moderating variable has a positive and significant influence on financial performance. Environmental performance moderates the impact of environmentally friendly innovation on financial performance. Penelitian ini merupakan studi kuantitatif yang berupaya memahami apakah inovasi hijau mempengaruhi kinerja keuangan dengan memoderasi kinerja lingkungan. Partisipan dalam penelitian ini meliputi sejumlah perusahaan manufaktur yang terdaftar di BEI pada periode 2019- 2022. Sedangkan sampel penelitian ini berjumlah 30 perusahaan yang dipilih menggunakan teknik purposive sampling. Mengolah data dan menguji hipotesis menggunakan analisis deskriptif, estimasi regresi data panel, pengujian hipotesis tradisional, dan analisis regresi moderat (MRA). Gunakan aplikasi Eviews 12 2023. Hasil penelitian ini menunjukkan bahwa inovasi hijau mempunyai pengaruh positif signifikan terhadap kinerja keuangan dan interaksi antara inovasi hijau dan kinerja lingkungan sebagai variabel moderasi mempunyai pengaruh positif dan signifikan terhadap kinerja keuangan. Kinerja lingkungan memitigasi dampak inovasi ramah lingkungan terhadap kinerja keuangan. |
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