Nurlita Puji Rahayu
Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung

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Pengaruh Green Financing terhadap Profitabilitas pada Kelompok Bank Modal Inti 3 dan 4 Periode 2021–2025 Nurlita Puji Rahayu; Bintis Ti’anatud Diniat; Suci Aulia Alfiyanti; Dwi Batrisya Cahaya N
Jurnal Publikasi Ekonomi dan Akuntansi Vol. 6 No. 3 (2026): September : Jurnal Publikasi Ekonomi dan Akuntansi
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51903/jupea.v6i3.7407

Abstract

The assumption that a larger share of green financing automatically improves bank profitability is not as straightforward as commonly assumed this study empirically tests that claim. This study analyzes the effect of green financing on profitability measured by Return on Asset (ROA) in Core Capital Group (KBMI) 3 and 4 banks in Indonesia for the period 2021–2025. Using a balanced panel of 50 observations across ten banks and applying Random Effect Model (REM) regression selected through Chow, Hausman, and Lagrange Multiplier tests the results show that green financing has a positive and significant effect on ROA (β = 0.072; t = 2.065; Sig. = 0.046), with R² of 77.76%. These findings confirm signalling theory in the context of sustainable banking in Indonesia.