PENGARUH GREEN ACCOUNTING, CAPITAL ADEQUACY RATIO DAN CASH FLOW RISK MANAGEMENT PRACTICES TERHADAP FINANCIAL SUSTAINABILITY
Kata Kunci:
Financial Sustainability, Green Accounting, Capital Adequacy Ratio, Cash Flow Risk Management Practices, ProfitabilitasAbstrak
Purpose - This research aims to examine the relationship between financial sustainability and green accounting, capital adequacy ratio, and to see how cash flow risk management practices in companies, especially banks, will influence banking financial sustainability.
Design/methodology/approach – This method used in this study uses quantitatives methods by sampling using purposive sampling techniques with the result of 40 banks listed on the Indonesia Stock Exchange (BEI) that presents and publishes annual reports and sustainability reports for the period 2020 to 2022. The data used is secondary data, namely data obtained directly in the form of financial statement and sustainability report from www.idx.com sites and their respective company websites which are used as research samples. Data analysis techniques are carried out using statistical analysis, namely: classical assumption tests (normality, multicollinearity, heterokedasticity, and autocorrelation), multiple linear analysis, and hypothesis tests, as well as coefficients of determination with SPSS 25.0 for window.
Findings - Based on the results of the study, it was found that Financial Sustainability is positively influenced by green accounting, cash flow risk management practices on operating activities, and cash flow risk management practices on financing activities. Meanwhile, capital adequacy ratio and cash flow risk management practices on investing activities do not have a positive influence on financial sustainability.
Research limitations/implications - For the conclusions that have been put forward, researchers can provide some suggestions for improving the quality of further research. The suggestions proposed by the researcher include adding the number of other variables that are expected to affect the financial sustainabiluty, then the company is advised to pay attention to the factors that affect its financial sustainability