The Effect of Environmental Management Accounting and Green Innovation on Financial Performance with Environmental Performance as an Intervening Variable

ABSTRACT : This study aims to examine the influence of environmental management accounting and green innovation on financial performance, with environmental performance as a mediating variable. The sample consists of 13 manufacturing companies listed on the Indonesia Stock Exchange during the period 2021–2023. Data analysis techniques used include descriptive statistics, classical assumption tests, path analysis, hypothesis testing, and mediation significance testing using SPSS version 22. The results show that environmental management accounting has a positive and significant effect on financial performance, while green innovation has no significant effect on financial performance. Furthermore, environmental management accounting does not significantly affect environmental performance, while green innovation has a positive and significant effect on environmental performance. Environmental performance does not significantly affect financial performance and does not mediate the relationship between environmental management accounting and green innovation with financial performance.

KEYWORDS : Environmental management accounting, environmental performance, financial performance, green innovation