Pengaruh Green Accounting, Capital Adequacy Ratio Dan Cash Flow Risk Management Practices Terhadap Financial Sustainability

Abstrak

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.