THE INFLUENCE OF INTELLECTUAL CAPITAL AND GREEN ACCOUNTING ON FINANCIAL PERFORMANCE WITH BUSINESS STRATEGY AS A MODERATION

ABSTRACT:This study aims to determine the influence of several variables: (1) intellectual capital and (2) green accounting on financial performance moderated by business strategy variables in basic materials sector companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2022. The population in this study is basic materials sector companies listed on the Indonesia Stock Exchange (IDX) in the main board, totaling 42 companies. 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 rankings according to the data processing needs. Data were analyzed using SEM PLS version 4.0. The results of the study found that intellectual capital affects financial performance, while green accounting does not have a positive and significant influence on financial performance. Business strategy is able to moderate the relationship between intellectual capital and green accounting on financial performance.

KEYWORDS -intellectual capital, green accounting, financial performance, business strategy, Indonesia Stock Exchange