The Influence of Corporate Governance (CG) on Green Innovation (GI) in LQ45 Index Companies on The Indonesia

Abstract

This study analyzes the influence of corporate governance (CG) using independent commissioner variables, institutional ownership, and audit committees on green innovation in companies that are consistently indexed in the LQ45 on the Indonesia Stock Exchange (IDX). Quantitative research is the type of research used in this study, with the research population being industrial companies that are consistently listed in the LQ45 index for the period 2019-2023 with a sample collection technique using purposive sampling so that 11 sample companies were selected. The research technique used is panel data regression analysis with the Eviews12 tool. This study shows that independent commissioners, institutional ownership have a positive and significant effect on green innovation, while the audit committee has a negative effect and does not have a significant impact on green innovation.