Green Innovation and Sustainability Performance: The moderating role of Family CEO Yuni Shara*, Bambang Tjahjadi, Ardianto
Universitas Airlangga
Abstract
This study aims to determine the effect of green innovation disclosure on the company^s sustainability performance, which is then moderated by Family CEO. This study uses Environmental, Social and Governance (ESG) criteria analyzed with GRI G4 Index. This study took samples from companies categorized as PROPER (Public Disclosure Program for Environmental Compliance) according to the Indonesian Ministry of Environment and Forestry (KLHK Indonesia). The reason for choosing the sample is that the company is a company that has an important impact on the environment and the existence of transparency and information related to the company^s Sustainability Performance. The sampling period in the 2014-2020 report. The result is Green Product Innovation affects Sustainability Performance. Green process innovation affects sustainability performance. Family CEO strengthens the influence of Green product innovation on sustainability performance. Family CEO strengthens the influence of Green process innovation on sustainability performance. This study has limitations, namely testing only PROPER company^s. it is anticipated that future research will all sectors of IDX listed companies. The number of company samples and research observation years must be increased to conduct additional testing. This study is unique in the following ways. First, the Green innovation on sustainability Performance has rarely been the subject of research in the past. Second, this is the first study to use family CEO as a moderator to investigate the effect of green innovation on sustainability performance
Keywords: Sustainability Performance- Green Innovation- Family CEO- ESG
