GREEN PROCESS INNOVATION (GPI) DAN KINERJA KEUANGAN PERUSAHAAN DI INDONESIA: PERAN MODERASI KEBERAGAMAN GENDER DEWAN DIREKSI

Cherrya Dhia Wenny; Feni Fitriani Putri Rozi

doi:10.37479/jeej.v8i4.37245

GREEN PROCESS INNOVATION (GPI) DAN KINERJA KEUANGAN PERUSAHAAN DI INDONESIA: PERAN MODERASI KEBERAGAMAN GENDER DEWAN DIREKSI

Cherrya Dhia Wenny, Feni Fitriani Putri Rozi

Abstract

Penerapan green process innovation (GPI) semakin menjadi perhatian perusahaan sebagai respons terhadap tuntutan keberlanjutan, namun bukti empiris mengenai implikasinya terhadap kinerja keuangan masih menunjukkan hasil yang beragam, khususnya di negara berkembang. Penelitian ini bertujuan untuk menguji pengaruh GPI terhadap kinerja keuangan perusahaan dengan mempertimbangkan peran keberagaman gender dalam dewan direksi. Penelitian menggunakan pendekatan kuantitatif dengan data panel perusahaan yang terdaftar di Bursa Efek Indonesia dan mengikuti program PROPER selama periode 2019–2024. Analisis dilakukan menggunakan regresi data panel dengan pendekatan time-lag untuk menangkap dampak jangka panjang GPI. Hasil penelitian menunjukkan bahwa GPI berpengaruh positif terhadap kinerja keuangan perusahaan. Namun, keberagaman gender dalam dewan direksi tidak memoderasi hubungan tersebut, yang mengindikasikan bahwa rendahnya tingkat keterwakilan perempuan serta keterbatasan pengaruh substantif dalam pengambilan keputusan strategis membuat perspektif gender belum mampu memperkuat efektivitas konversi GPI menjadi kinerja keuangan. Temuan ini menegaskan bahwa GPI dapat menjadi sumber penciptaan nilai ekonomi apabila dikelola secara strategis.

Keywords

green process innovation; kinerja keuangan; keberagaman gender; dewan direksi; PROPER

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DOI: https://doi.org/10.37479/jeej.v8i4.37245