<![CDATA[We examine the moderating role of good corporate governance in the effect of green intellectual capital and enterprise risk management on sustainability performance. We gathered 174-panel data from 29 Indonesian industrial sector companies from 2018 – 2023. The data was then estimated using a random effect estimator to test our hypotheses. We found that green intellectual capital and enterprise risk management affect sustainability performance as measured by the sustainability balanced scorecard proxy. On the other hand, good corporate governance did not affect SP but had a negative moderating role in enterprise risk management on sustainability performance. The higher the good corporate governance, the positive effect of enterprise risk management on sustainability performance would become smaller. Companies with high enterprise risk management tend to have better sustainability performance, although their good corporate governance is in worse conditions. This style fact indicates that there is some trade-off between good corporate governance and enterprise risk management. In other words, the high sustainability performance of industrial sector companies is more driven by interest in minimizing risk, not by the quality of the company's good corporate governance. Employing good corporate governance as a moderator variable in the influence of green intellectual capital and enterprise risk management on sustainability performance is a novelty that we offer]]>
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