DETERMINANTS OF FINANCIAL AND SOCIAL PERFORMANCE IN MANUFACTURING COMPANIES

Abstract

Purpose:  The aim of this research is to analyze the influence of intellectual capital, financial resources and green supply chain management on financial and social performance.

Method: The sample for this research is manufacturing companies listed on the Indonesia Stock Exchange between 2019 - 2022 and uses panel data regression analysis with the Stata program.

Findings:  The results show that Intellectual Capital has a positive effect on Financial Performance and Intellectual Capital has a positive effect on Social Performance. Financial Resources have a positive effect on Financial Performance but Financial Resources have a negative effect on Social Performance. Green Supply Chain Management has a positive effect on Financial Performance, but Green Supply Chain Management has no effect on Social Performance.

Novelty:  The novelty of this research for future research should examine other than the manufacturing sector, namely the food and beverage sector and increase the research year period to 2019-2023. The company management can increase the company's intellectual capital, better manage its financial resources, and improve the implementation of green supply chain management. The novelty of this research is that it uses a sample of manufacturing companies listed on the Indonesia Stock Exchange for the 2019-2022 period.