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Achsani , Muhammad
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Economics, Econometrics & Finance

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INDONESIA AND ASEAN+ GREEN VS NON-GREEN HOSPITAL PERFORMANCE COMPARISON Gunawan, Indra; Achsani , Muhammad; Faisal, Yudi Ahmad; Fajri, Muhammad
Jurnal Riset Bisnis dan Manajemen Vol. 18 No. 2 (2025): August Edition
Publisher : Faculty of Economic and Business, University of Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/jrbm.v18i2.22342

Abstract

The aim of this study is to compare the financial performance of a sample of green hospitals and non-green hospitals in Indonesia and ASEAN+. Statistical time series methods used to analyse compiled data from time to time that enables to identify trends and patterns that happened in a data series. For the green hospital, the position of the majority financial ratio in green hospital in Indonesia is higher than non-green hospital in all period. The other way around is happening with financial ratio in hospitals in South East Asia where non-green hospitals are performing better in all periods except 2021. The result delineates that green hospital becomes the pioneer in facing climate change and creating a sustainable environment for the society. This study adds the existing literature of green economy from a quantitative perspective in ASEAN region.
Co-Authors Indra Gunawan Muhammad Fajri Yudi Ahmad Faisal