Influence Intellectual Capital And Green Accounting Against Financial Performance with Business Strategy As Moderator
Keywords:
intellectual capital,, green accounting, business strategy,, financial performance
Abstract
This research aims to examine the influence of several variables: (1) intellectual capital and (2) green accounting on financial performance, moderated by the business strategy variable in companies in the basic materials sector listed on the Indonesia Stock Exchange (BEI) from 2020 to 2022. The population in this study consists of 42 companies in the basic materials sector listed on the Indonesia Stock Exchange (BEI) in the main board. Sampling was done using purposive sampling with specific criteria, resulting in 14 samples. The data collection technique used was documentary study by analyzing the financial reports of companies and assessing the PROPER rating results according to the data processing needs. The data were analyzed using SEM PLS version 4.0. The research found that intellectual capital has an impact on financial performance, while green accounting does not have a positive and significant effect on financial performance. Business strategy is able to moderate the relationship between intellectual capital and green accounting on financial performance.
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Albertini, E., & Berger-Remy, F. (2019). Intellectual capital and financial performance: A meta-analysis and research agenda. Management (France), 22(2). https://doi.org/10.3917/mana.222.0216
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Chasbiandani, T., Rizal, N., & Indra Satria, I. (2019). Penerapan Green Accounting Terhadap Profitabitas Perusahaan Di Indonesia. AFRE (Accounting and Financial Review), 2(2). https://doi.org/10.26905/afr.v2i2.3722
Daud, D., Shodiq Askandar, N., & Junaidi. (2020). Pengaruh Strategi Bisnis terhadap Manajemen Laba dengan Kinerja Perusahaan sebagai Variabel Intervening. E-Jra, 09(1).
Dita, E. M. A., & Ervina, D. (2021). Pengaruh Green Accounting, Kinerja Lingkungan dan Ukuran Perusahaan Terhadap Financial performance (Studi Kasus pada Perusahaan Sektor Pertambangan yang Terdaftar di Bursa Efek Indonesia Tahun 2017-2018). JFAS : Journal of Finance and Accounting Studies, 3(2). https://doi.org/10.33752/jfas.v3i2.272
Fitriasari, N. M. A. D., & Ratna Sari, M. M. (2019). Pengaruh Intellectual Capital Pada Nilai Perusahaan Dengan Kinerja Keuangan Sebagai Variabel Intervening. E-Jurnal Akuntansi. https://doi.org/10.24843/eja.2019.v26.i03.p02
Hariyati, H., & Tjahjadi, B. (2017). PERAN MEDIASI KINERJA PROSES INTERNAL ATAS HUBUNGAN STRATEGI INOVASI DENGAN KINERJA KEUANGAN. EKUITAS (Jurnal Ekonomi Dan Keuangan), 1(2). https://doi.org/10.24034/j25485024.y2017.v1.i2.2015
Hartati, N. (2015). INTELLECTUAL CAPITAL DALAM MENINGKATKAN DAYA SAING: SEBUAH TELAAH LITERATUR. ETIKONOMI, 13(1). https://doi.org/10.15408/etk.v13i1.1878
Istiq, R. S., Surbakti, L. P., & Subur. (2021). Pengaruh kinerja lingkungan dan pengungkapan keberlanjutan terhadap kinerja perusahaan. Prosiding BIEMA, 2.
Khan, N. U., Anwar, M., Li, S., & Khattak, M. S. (2021). Intellectual capital, financial resources, and green supply chain management as predictors of financial and environmental performance. Environmental Science and Pollution Research, 28(16). https://doi.org/10.1007/s11356-020-12243-4
Khasanah, S., & Atiningsih, S. (2019). Pengaruh Strategi Diversifikasi, Risiko Bisnis dan Kepemilikan Manajerial terhadap Kinerja Keuangan dengan Struktur Modal sebagai Variabel Intervening. Journal of Management & Business, 2(1).
Lako, A. (2018). Conceptual Framework of Green Accounting. Accounting, May.
Lestari, R., Aisya Nadira, F., Nurleli, N., & Helliana, H. (2020). Pengaruh Penerapan Green Accounting Terhadap Tingkat Profitabilitas Perusahaan. Kajian Akuntansi, 20(2). https://doi.org/10.29313/ka.v20i2.5990
Mashuri, M., & Nurjannah, D. (2020). Analisis SWOT Sebagai Strategi Meningkatkan Daya Saing. JPS (Jurnal Perbankan Syariah), 1(1). https://doi.org/10.46367/jps.v1i1.205
Meiyana, A., & Aisyah, M. N. (2019). PENGARUH KINERJA LINGKUNGAN, BIAYA LINGKUNGAN, DAN UKURAN PERUSAHAAN TERHADAP KINERJA KEUANGAN DENGAN CORPORATE SOCIAL RESPONSIBILITY SEBAGAI VARIABEL INTERVENING. Nominal: Barometer Riset Akuntansi Dan Manajemen, 8(1). https://doi.org/10.21831/nominal.v8i1.24495
Ningsih, W. F., & Rachmawati, R. (2017). Implementasi Green Accounting dalam Meningkatkan Kinerja Perusahaan. JABE (Journal of Applied Business and Economic), 4(2). https://doi.org/10.30998/jabe.v4i2.2142
Novensya Dwi Panggau, A. S. (2017). Pengaruh Eco-Efficiency Terhadap Nilai Perusahaan Dengan Leverage Dan Profitabilitas Sebagai Variabel Moderasi. Diponegoro Journal of Accounting, 6.
Nurul Hidayah, & Amrie Firmansyah. (2020). IMPLEMENTASI LIKUIDASI KORPORASI DI INDONESIA: KAJIAN AKUNTANSI DAN YURIDIS. Jurnal Wahana Akuntansi, 15(2). https://doi.org/10.21009/wahana.15.025
Poetri, F. S. R. (2015). Pengaruh Intellectual Capital Terhadap Economic Value Added Pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Periode 2011-2013. Akunesa, 3(2).
Rashid, M. K., Niazi, A. A. K., & Noreen, M. (2018). Impact of Intellectual Capital on Firms’ Market Value and Financial Performance: Empirical Evidence from Pakistan. NUML International Journal of Business & Management, 13(1).
Rosaline, V. D., Wuryani, E., Ekonomi, F., Surabaya, U. N., & Surabaya, K. (2020). Pengaruh Penerapan Green Accounting dan Environmental Performance Terhadap Economic Performance. Jurnal Riset Akuntansi Dan Keuangan, 8(3). https://doi.org/10.17509/jrak.v8i3.26158
Simon, A. Y. P., Wibowo, A. S., & Rosel, R. (2023). Pengaruh Penerapan Green Accounting Terhadap Kinerja Keuangan dengan Good Corporate Governance Sebagai Pemoderasi (Studi Empiris Pada Perusahaan Sektor Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2016-2020. Jurnal Manajemen Sains Dan Organisasi, 3(3). https://doi.org/10.52300/jmso.v3i3.7543
Spence, M. (1973). Job market signaling. Quarterly Journal of Economics, 87(3). https://doi.org/10.2307/1882010
Sulistiawati, E., & Dirgantari, N. (2017). ANALISIS PENGARUH PENERAPAN GREEN ACCOUNTING TERHADAP PROFITABILITAS PADA PERUSAHAAN PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA. Jurnal Reviu Akuntansi Dan Keuangan, 6(1). https://doi.org/10.22219/jrak.v6i1.5082
Susanti, N., Widajatun, V. W., Sumantri, M. B. A., & Nugraha, N. M. (2020). Implications of Intellectual Capital Financial Performance and Corporate Values (Studies on Goods and Consumption Sector 2013-2017 period). International Journal of Psychosocial Rehabilitation, 24(07).
Ulum Ihyaul. (2017). Intellectual Capital : Model Pengukuran, Framework Pengungkapan & Kinerja Organisasi. In Akuntansi.
Yastynda, E. P. (2016). Prediksi Financial Distress pada Bank Umum Syariah dengan Analisis Risk Profile, Good Corporate Governance, Earnings and Capital. In Sekolah Tinggi Ilmu Ekonomi Perbanas Surabaya.
Yuniarta, G. A., Prayudi, M. A., Devi, S., & Dharmayasa, I. P. A. (2023). Transformation of Green Accounting Implementation Aspects Prior to and During the COVID-19 Pandemic. In Proceedings of the Unima International Conference on Social Sciences and Humanities (UNICSSH 2022). https://doi.org/10.2991/978-2-494069-35-0_155
Published
2024-04-16
How to Cite
Kemala Ratih Palgunadi, N. M. D., Gede Adi Yuniarta, & Desak Nyoman Sri Werastuti. (2024). Influence Intellectual Capital And Green Accounting Against Financial Performance with Business Strategy As Moderator. Asian Journal of Management, Entrepreneurship and Social Science, 4(02), 377-399. Retrieved from https://ajmesc.com/index.php/ajmesc/article/view/754
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