PENGARUH GREEN FINANCE DAN SUSTAINABLE FINANCE TERHADAP KINERJA KEUANGAN PERBANKAN YANG TERDAFTAR DI BEI DENGAN PERTUMBUHAN EKONOMI SEBAGAI PEMODERASI

Abstract

ABSTRACT

This study aims to analyze the effect of Green Finance and Sustainable Finance on the financial performance of banks listed on the Indonesia Stock Exchange (IDX), incorporating economic growth as a moderating variable. The research utilized secondary data obtained from the financial and sustainability reports of banks listed on the IDX during the 2019–2023 period, resulting in a sample of 14 companies. Data analysis was conducted using panel data regression and Moderated Regression Analysis (MRA) with the Eviews version 13 software. The results show that Green Finance has a positive but not significant effect on Financial Performance, Sustainable Finance has a negative and not significant effect on Financial Performance, Economic Growth does not moderate the effect of Green Finance on Financial Performance, but it does moderate the effect of Sustainable Finance on Financial Performance.

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