Green Intellectual Capital on Business Sustainability: The Role of Financial Performance as an Intervening

Muhammad Rayyan; Windu Mulyasari

doi:10.59890/ijaeam.v3i2.7

Authors

Muhammad Rayyan Universitas Sultan Ageng Tirtayasa
Windu Mulyasari Universitas Sultan Ageng Tirtayasa

DOI:

https://doi.org/10.59890/ijaeam.v3i2.7

Keywords:

Green Intellectual Capital, Business Sustainability, Financial Performance

Abstract

This study is to examine the effect of green intellectual capital on business sustainability with financial performance as an intervening factor. The green intellectual capital variable is projected into three parts, green human capital, green structural capital, and green relational capital. The population and sample used in the study were the energy sector with observation years from 2021 - 2023 and data obtained from the Indonesia Stock Exchange (IDX). This study uses a quantitative method analyzed using STATA 14 software. The random effect model (REM) is the research model. The results of the study show a significant effect between green human capital green, structural capital and green relational capital on business sustainability. Meanwhile, financial performance cannot be a mediator between green intellectual capital and business sustainability

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