The Influence of CEO Characteristics and Green Innovation on Financial Performance

Authors

  • Deya Leony Putri Nugraheni Universitas Pembangunan Nasional “Veteran” Yogyakarta
  • Dian Indri Purnamasari Universitas Pembangunan Nasional “Veteran” Yogyakarta
  • Retno Yulianti Universitas Pembangunan Nasional “Veteran” Yogyakarta

Keywords:

Financial Performance, Experience, Education, Green Products, Green Processes

Abstract

Coal companies today are not only required to generate profits but also to demonstrate leadership that is responsive to change and committed to environmental sustainability. In this context, CEO characteristics and green innovation are considered two key factors that may influence a company’s financial performance. This study aims to examine whether CEO education and experience, as well as green process and product innovation, affect financial performance. The object of this study is coal sub-sector companies listed on the Indonesia Stock Exchange during the 2022–2023 period. The data used in this study were obtained from the companies’ annual reports and sustainability, and were analyzed using the multiple linear regression method. The findings reveal distinct patterns in everyday information needs between early-career and more experienced librarians. Newer librarians' needs fell into personal, general, and official categories, whereas seasoned librarians were more engaged in information behaviors linked to full professional participation. Participants reported obtaining information through various channels, including the Internet, colleagues, media, and formal institutions. The concept of information grounds—spaces where librarians interact and share knowledge—was defined by the interplay of place, content, and social connections. Information sharing emerged as a vital component within these environments. Conclusion. The research results show that green products, green processes, CEO education, and CEO experience have an impact on financial performance.

Downloads

Download data is not yet available.

References

Aini, N. (2025). Kinerja Keuangan: Peran Innovation, Green Intellectual Capital dan Ukuran Perusahaan. CV. Intelektual Manifes Media. https://www.google.co.id/books/edition/KINERJA_KEUANGAN_PERAN_GREEN_INNOVATION/IalJEQAAQBAJ?hl=id&gbpv=1
Dwiastuti, D. A., & Etikariena, A. (2020). Hubungan antara Sikap Kompetitif Berlebihan dan Perilaku Kerja Inovatif. Jurnal Diversita, 6(1), 28–39. https://doi.org/10.31289/diversita.v6i1.2734
Ezekiel, O., Olugbenro, S., Omojola, S., Wright, O., & Aregbesola, O. (2024). Influence of Board Characteristics on Carbon Emission Disclosure: Evidence from the Nigerian Oil and Gas Sector. International Journal of Energy Economics and Policy, 14(5), 582–592. https://doi.org/10. 32479/ijeep.16666
Freshillya, W., & Luayyi, S. (2025). Pengaruh Risiko Litigasi , Intensitas Modal dan Pertumbuhan Penjualan Terhadap Nilai Perusahaan Pada Sektor Telekomunikasi. 9(1). https://doi.org/10.18196/rabin.v9i1.25456
German, J. D., Redi, A. A. N. P., Ong, A. K. S., & Liwanag, J. L. (2023). The impact of green innovation initiatives on competitiveness and financial performance of the land transport industry. Heliyon, 9(8), e19130. https://doi.org/10.1016/j.heliyon.2023.e19130
Hapsari, Denny; Kurnia, Denny; Arifin, W. (2024). Faktor-Faktor Yang Mempengaruhi Kinerja Keuangan: Studi Empiris Pada Perusahaan Di Indonesia. Jurnal Akuntansi, 11(2).
Hazzaa, O. T., Abdullah, D. F., & Sadaa, A. M. (2024). Influence of CEO characteristics and audit committee on financial performance: Evidence from Iraq. Journal of Open Innovation: Technology, Market, and Complexity, 10(2), 100290. https://doi.org/10.1016/j.joitmc. 2024.100290
Hutabarat, D. F. (2021). Analisis Kinerja Keuangan (Gita Puspita (ed.)). Desanta Publisher. https://www.google.co.id/books/edition/Analisis_Kinerja_ Keuang an_Perusahaan/Vz0fEAAAQBAJ?hl=id&gbpv=0
Millenia, A., & Etty Murwaningsari. (2023). Pengaruh Inovasi Produk Hijau Dan Inovasi Proses Hijau Terhadap Keunggulan Kompetitif Hijau Dengan Modal Intelektual Hijau Sebagai Variabel Moderasi. Jurnal Ekonomi Trisakti, 3(2), 2319–2328. https://doi.org/10.25105/jet.v3i2.17046
Noor, D. L. S. (2025). Green Business Inovasi Sumber Daya Berkelanjutan. Cendekia Mulia Mandiri. https://www.google.co.id/books/edition /GREEN_BUSINESS_INOVASI_SUMBER_DAYA_BERKE/xGNQEQAAQBAJ?hl=id&gbpv=1
Prayogo, A. (2024). Strategi Pemasaran Teknologi Ramah Lingkungan. Takaza Innovatix Labs. https://www.google.co.id/books/edition/Strategi_ Pemasaran_Teknologi_Ramah_Lingk/q7cyEQAAQBAJ?hl=id&gbpv=1
Rahmah, A., & Kamilah, K. (2022). Prediksi Kebangkrutan Dengan Metode Altman Z-Score Dalam Persepsi Maqashid Syariah. Jurnal Ilmiah Ekonomi Islam, 8(1), 641. https://doi.org/10.29040/jiei.v8i1.4315
Sari, P. (2024). Green Technology Innovation & Kinerja Keuangan Perusahaan: Mediasi Kinerja Lingkungan. Berkala Akuntansi Dan Keuangan Indonesia, 9(1), 18–48. https://doi.org/10.20473/baki.v9i1.43565
Sudianto, S. (2023). Analisis pengaruh kinerja keuangan dalam memprediksi pertumbuhan laba. JPPI (Jurnal Penelitian Pendidikan Indonesia), 9(2), 748. https://doi.org/10.29210/020231901
Sulaeman, D. (2024). Buku Ajar Perkembangan Peserta Didik. Sonpedia. https://www.google.co.id/books/edition/Buku_Ajar_Perkembangan_Peserta_Didik/1egEEQAAQBAJ?hl=id&gbpv=1
Syahdanti, A. D., & Marietza, F. (2024). The Influence Of Profitability, Company Size, Media Exposure, And Leverage On Carbon Emissions Disclosure. EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi Dan Bisnis, 12(1), 1095–1108. https://doi.org/10.37676/ekombis.v12i1.5304
Wijaya, F. M., Safitri, R. H., & Yuniartie, E. (2024). Pengaruh Karakteristik CEO terhadap Kinerja Perusahaan pada Perusahaan Sektor Transportasi dan Logistik di Indonesia. Owner, 8(3), 2356–2366. https://doi.org/10 .33395/owner.v8i3.2189
Yucha, N. (2024). Perilaku Konsumen Terkait Loyalitas Pelanggan. CV. Intelektual Manifes Media. https://www.google.co.id/books /edition/PERILAKU_KONSUMEN_TERKAIT_LOYALITAS_PELA/nf0QEQAAQBAJ?hl=id&gbpv=1

Downloads

Published

2025-07-31

Issue

Section

Articles

How to Cite

The Influence of CEO Characteristics and Green Innovation on Financial Performance. (2025). Proceeding of International Conference on Economics, Technology, Management, Accounting, Education, and Social Science (ICETEA), 1, 907-918. https://conference.unita.ac.id/index.php/icetea/article/view/447

Similar Articles

21-30 of 53

You may also start an advanced similarity search for this article.