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Journal : West Science Interdisciplinary Studies

The Effect of Green Infrastructure Investment, Capital Structure, and Operational Efficiency on Financial Performance of Companies in Central Java Judijanto, Loso; Hendra, Joni; Utami, Eva Yuniarti; Triyantoro, Andri
West Science Interdisciplinary Studies Vol. 2 No. 04 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i04.799

Abstract

This study investigates the influence of green infrastructure investment, capital structure, and operational efficiency on the financial performance of companies operating in Central Java. A quantitative research approach was employed, utilizing survey data collected from 173 companies across various industries. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM), with hypothesis testing conducted to assess the significance of the relationships between the variables. The results indicate significant positive associations between green infrastructure investment, capital structure, operational efficiency, and financial performance. Specifically, companies that prioritize sustainability initiatives, maintain optimal capital structures, and enhance operational efficiency tend to achieve superior financial performance outcomes. These findings highlight the multidimensional nature of value creation within organizations and underscore the importance of integrating environmental and operational considerations into strategic decision-making processes. The implications of the study extend to policymakers, business leaders, and stakeholders seeking to enhance the financial sustainability and resilience of companies in Central Java.
The Effect of Green Infrastructure Investment, Capital Structure, and Operational Efficiency on Financial Performance of Companies in Central Java Judijanto, Loso; Hendra, Joni; Utami, Eva Yuniarti; Triyantoro, Andri
West Science Interdisciplinary Studies Vol. 2 No. 04 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i04.799

Abstract

This study investigates the influence of green infrastructure investment, capital structure, and operational efficiency on the financial performance of companies operating in Central Java. A quantitative research approach was employed, utilizing survey data collected from 173 companies across various industries. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM), with hypothesis testing conducted to assess the significance of the relationships between the variables. The results indicate significant positive associations between green infrastructure investment, capital structure, operational efficiency, and financial performance. Specifically, companies that prioritize sustainability initiatives, maintain optimal capital structures, and enhance operational efficiency tend to achieve superior financial performance outcomes. These findings highlight the multidimensional nature of value creation within organizations and underscore the importance of integrating environmental and operational considerations into strategic decision-making processes. The implications of the study extend to policymakers, business leaders, and stakeholders seeking to enhance the financial sustainability and resilience of companies in Central Java.
Co-Authors Abdul Basit Abdul Basit Abdul Hanif Achmad Lodry Maspaitela Adhi Bawono Agung Yatiningrum Agus Hermawan Agustina Pujiastuti Agustina, Fatma Wati Ahmad Hafizi Ahmad Iskandar R Ahmad Iskandar Rahmansyah Aisyah Aisyah Albert Steinado Lava Algifari, Muhammad Alief Muhammad Almuttaqin, Femas Amani, Tatik Amani, Tatik Aminatul Faidah Andika M Iqbal Andri Triyantoro Andy Kurniawan, Andy Anggraini, Cindy Ansori, Ridho Ardiansyah, M. Rifki Arief Yanto Rukmana Avrylina, Nayla Azriansyah, Azriansyah Bahri, Mohammad Saiful Bakri, Pama Budi Utomo Chairul Hakim Chamdanah, Siti Cindy Claudia Dani Hari Tunggal Prasetiyo Dede Hertina Delia Desvianti Della Maretha Dewi Agustin Dhany, Umi Rahma Diska Fitra Dwi Iryaning Handayani Dwi Rahayu Dwi Rahayu Dwi Rizqy Husniah Devi Edy Yulianto Ella Sofiatun Nisah Elma Elma, Elma Elok Dwi Vidiyastutik Elsa Salsabila Elvina Safitri Erlina, Rini Eva Yuniarti Utami Fatimatus Zahro Febri Suaida Rosalinawati febriyanti febriyanti Ghalda, Hisbinnisa Hasna Aulia Gholi, Muhammad Al Gita Fadillah Ramadhani Hadiyanto, Mohammad Hasan, Miftahul Heny Herawati Heppi Syofya, Heppi Herawati Herawati Hermawan, Dedi Joko Hermawan, Dedi Joko Hermawant, Romy Herry Ramadhani Hery Koeshardjono Hery Koesharjono Hidayatunnisa, Hidayatunnisa Hidayu, Seri Hudzafidah, Khusnik Hudzafidah, Khusnik Husna, Sri Wahyu Ilyas Maulana Maulana Imamatul Khoria Islam, Azmi Muhammad Judijanto, Loso Khairunnisa Khairunnisa Khoiru Sabila Kholili Arsat Sukaji Khusnik Hudzafidah Khusnik Hudzafidah Khusnul Chotima Khusnul Khotimah Koni Piranda Kuning, Putri Layli, Asmaul Levedra, Levedra Liani, Fenny Linda Kurnia Supraptiningsih Loso Judijanto Lukman Hakim Lusiana Lusiana M Pillo Alfarabi M. Ridho Ansori M. Rifki Andriyansyah Mabrur, Abdul Qodir Machin Mahmuda, Nur Amilia Maisaroh, Ida Maria Ulfah Mega Fatimah Rosana Miranda, Mira Santika Mitha Otik Wiraswati Mochammad Fajar Al hakim muhammad ilham Muhammad Reza Aulia Muhammad Riski, Muhammad Muhammad Rizki Yusuf Mulyana, Sherly Nadela, Nira Nova Dwi Anggraeni Nurhidayah, Putri Nurisa Nurisa Nuro, Putiha Nurul Izzah Olatunji, Abdul Rasheed Paradiba, Putri Parida Parida Pramana, Zalfa' Nur Auliya Putri Prasetiyo, Dani Hari Tuggal Prihadyatama, Ardila Pujiastuti, Agustina Qamariyah, Ririn R Hery Koeshardjono R. Hery Koeshardjono Ratna Sari Rheina Cindyta Nur Azizah Rifky Ardiansyah Rohmad Fauzi Rosa Dina Rosmiza Bidin Rosyihuddin, Muhammad Rustianawati, Mutimmah Saifullah Saifullah Salsabila, Elsa Seger Priantono Selvi Darma Yanti Sentanu, I Gede Eko Sri Sentris Ranjanis Serliana Serliana Siswanda, Siswanda Siti Chamdanah Siti Masluha Siti Murasih Sofie Fadma Sari Soleha, Siti Suci Nirwani Sudarmiatin Sugianto Sugianto Suharsono, Judi Sukiman Sukiman Supriono Supriono Suratin Suratin Syahirah, Nur Syahrian Barret Yudha Paksi Syantana, Ade Vieea Syarif Hidayatullah Elmas Tatik Amani Teguh Virgiawan Tiara Aninditha Titien Agustina Titin Krisnawati Tria Oca Ariska Triyantoro, Andri Tumini Tumini Tumini, Tumini Utami, Eva Yuniarti Virgiawan, Teguh Vivin Tri Astuti Wahyuni, Sri Rahayu Wandari, Perla Widayanto, Mutinda Teguh Widianita, Nadia Putri Wilamsari, Feni Wulandari, Juliasti Yanti, Eka Putri Dwi Yekti Rahajeng Yekti Rahajeng Yohanes Paulus Luciany Yulfi Hartati Zakiyah Amini