Pengaruh Green Finance, Environmental Social Governance dan Good Corporate Governance Terhadap Sustainabel Growth Rate Bus 2021-2025
DOI:
https://doi.org/10.53491/oikonomika.v7i1.2206Keywords:
Green finanace, Environmental social and governance, Good corporate governance, Sustainable growth rate, Sharia BankingAbstract
This study aims to analyze the impact of Green Finance, Environmental, Social, and Governance (ESG), and Good Corporate Governance (GCG) on the Sustainable Growth Rate (SGR) of Sharia Commercial Banks (BUS) in Indonesia for the period 2021–2025. This study is motivated by the fact that fluctuations in the growth rate tend to be unstable, potentially leading to financial pressure and the risk of long-term business failure. This study employs panel data regression; the research data are derived from secondary sources, specifically annual reports and sustainability reports. The results of the partial tests indicate that Green Finance has a significant negative effect on the Sustainable Growth Rate. Meanwhile, the test results for ESG and GCG performance showed no significant effect on the SGR. Simultaneously, these three independent variables collectively have a significant effect on the SGR, with the model explaining 43.40% of the variation.
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