COVID-19, Green Innovation and Their Impacts on Financial Performance

Written by Prasetyo Ramadhan, Riri Iranti, Dohan Dohan, Yuanita Purnama, Weilly Riduan Nazir
on December 26, 2022

Authors:

Prasetyo Ramadhan, Riri Iranti, Dohan Dohan, Yuanita Purnama, Weilly Riduan Nazir

Abstract:

“In the face of pandemics like COVID-19 today, environmental issues such as green innovation become very important, because companies with high levels of social and environmental awareness indicate that the companies are more resilient. This study aims to analyze the impact of COVID-19 and green innovation on financial performance. This study uses the Vector Error Correction Model (VECM) as a data analysis method and uses purposive sampling to get 48 samples with 336 observations. The results of this study indicate that COVID-19 has a significant negative impact on financial performance in the long and short term, managers ought to take note of the converting surroundings outside and adjust their commercial enterprise strategies in time. Meanwhile green innovation has a positive impact on financial performance in the long and short term. The implementation of green innovation activities affected the competitiveness and ?rm pro?ts. Keywords: COVID-19; Green Innovation; Financial Performance; VECM”

Keywords

COVID-19; Green Innovation; Financial Performance; VECM

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https://jurnal.harianregional.com/akuntansi/full-91719

Published

2022-12-26

How To Cite

RAMADHAN, Prasetyo et al. COVID-19, Green Innovation and Their Impacts on Financial Performance.E-Jurnal Akuntansi, [S.l.], v. 32, n. 12, p. 3658-3673, dec. 2022. ISSN 2302-8556. Available at: https://jurnal.harianregional.com/akuntansi/id-91719. Date accessed: 28 Aug. 2025. doi:https://doi.org/10.24843/EJA.2022.v32.i12.p13.

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Issue

Vol 32 No 12 (2022)

Section

Articles

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This work is licensed under a Creative Commons Attribution 4.0 International License