ANALISIS GREEN INTELLECTUAL CAPITAL DAN KINERJA KEUANGAN DENGAN KEPEMILIKAN KELUARGA SEBAGAI MODERASI
Keywords:
Green Intellectual Capital, Family Ownership, Kinerja Keuangan, ROA, ROE, EPSAbstract
Penelitian ini menganalisis pengaruh Green Intellectual Capital (GIC) terhadap kinerja keuangan dengan Family
Ownership (FO) sebagai variabel moderasi pada perusahaan sektor energi yang terdaftar di Bursa Efek Indonesia
tahun 2024. GIC diukur melalui tiga indikator, yaitu jumlah dewan direksi, jumlah komite audit, dan
pengungkapan green accounting, sedangkan kinerja keuangan diproksikan dengan ROA, ROE, dan EPS. Analisis
dilakukan menggunakan regresi linier berganda (Ordinary Least Squares) dengan bantuan EViews. Hasil
penelitian menunjukkan bahwa GIC berpengaruh positif signifikan terhadap ROA, namun tidak signifikan
terhadap ROE dan EPS. Sementara itu, variabel interaksi GIC kepada FO berpengaruh negatif signifikan terhadap
ROA, menandakan bahwa kepemilikan keluarga memperlemah hubungan antara GIC dan profitabilitas berbasis
aset. Temuan ini mendukung resource-based theory bahwa sumber daya intelektual hijau meningkatkan kinerja
perusahaan, tetapi efektivitasnya dipengaruhi oleh struktur kepemilikan dan karakter organisasi keluarga.
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