Pengaruh Green Accounting, Intellectual Capital, Likuiditas, dan Leverage terhadap Kinerja Keuangan Perusahaan

Ayu Sekar Wulan Puja Wati (Universitas Islam Darul ‘Ulum Lamongan)
Novi Darmayanti (Universitas Islam Darul ‘Ulum Lamongan)
Have Zulkarnaen (Universitas Islam Darul ‘Ulum Lamongan)

Jurnal Akuntansi Keuangan Dan Perpajakan
Vol. 3 No. 1 (2026): Juli - September

This study aims to examine the effect of Green Accounting, Intellectual Capital, Liquidity, and Leverage on the Financial Performance of Basic Materials sector companies listed on the Indonesia Stock Exchange (IDX) during 2021–2025. This study uses a quantitative approach with 15 companies selected through purposive sampling, resulting in 75 panel observations. Data were obtained from the companies’ annual and sustainability reports and analyzed using Structural Equation Modeling-Partial Least Square (SEM-PLS) with SmartPLS version 4. The results show that Intellectual Capital has a positive and significant effect on Financial Performance, while Leverage has a negative and significant effect. Meanwhile, Green Accounting and Liquidity do not have a significant effect on Financial Performance. Simultaneously, Green Accounting, Intellectual Capital, Liquidity, and Leverage affect Financial Performance, with a contribution of 33.0%. These findings indicate that the management of intellectual capital and capital structure plays an important role in improving the financial performance of Basic Materials sector companies