Financial performance is one of the important indicators to assess a company's success. Environmental performance, environmental costs, and stock ownership are factors that may be related to financial performance, but previous research results still show differences. This study aims to analyze the relationship between environmental performance, environmental costs, and stock ownership on the financial performance of companies. The method used is a Systematic Literature Review (SLR) by examining 15 scientific articles published in SINTA 1 to SINTA 4 accredited journals during the period 2021–2026. Articles were obtained through searches using Google Scholar with the help of the Publish or Perish 8 application. The study results show that the influence of the three variables on financial performance is still varied. Environmental performance and environmental costs can provide benefits to the company, but their impact is not always significant. Meanwhile, the influence of stock ownership can vary based on the type of ownership and the characteristics of the company. It can be concluded that the relationship between environmental performance, environmental costs, and stock ownership with financial performance has not yet shown consistent results. Therefore, further research is needed considering the sector of the company, the research period, and the financial performance indicators used.
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