INTELECTUAL CAPITAL, GREEN ACCOUNTING, AND COMPANY PERFORMANCE WITH THE MANUFACTURING COMPANY

This study aims to determine the application of Intelectual Capital green accounting, and company performance with the Manufacturing Company . This research uses quantitative research. The population in this study are mining companies listed on the Manufacturing Company for 2021-2023. The sampling technique used in this study used purposive sampling . The number of companies sampled in this study were 40 companies. The type of data used is secondary data, namely in the form of financial reports and annual reports obtained through the official website of the Indonesia Stock Exchange and the official websites of related companies. The dependent variable used in this study is Company Performance. Meanwhile, the independent variables use intelectual capital and green accounting. The data analysis method used is panel data regression analysis with the help of the SPSS application program. The results of this study indicate that intelectual Capital and green accounting have a positive and significant effect on company performance.

How Intelectual Capital, Green Accounting, And Company Performance With The Manufacturing Company ?Nuraini by environmental activities, environmentally friendly products and environmental performance has no effect on financial performance proxied by net profit margin.
The results of research conducted by Adriana (2021), which state that green accounting partially has a significant effect and on the company's financial performance.The same results are also shown by Damayanti's research (2020), which states that green accounting partially has a significant effect and on the company's financial performance.Meanwhile, research (Faizah, 2020) shows the result that green accounting has no effect on financial performance.This research is the same as research conducted by (Febriany N., 2019), (Landion, 2019) shows that Intellectual Capital has a positive effect on company's financial performance.Meanwhile (Hidayat, 2019) found the results that intellectual capital has no effect on financial performance.The next explanation is that companies that implement green accounting require a special allocation of environmental costs, these costs are considered as expenses that can reduce company profits, these expenses are considered as future investments.This explains that there are differences in the results obtained from previous studies..

LITERATURE REVIEW AND HYPOTHESIS DEVELOPMENT Legitimacy Theory
Legitimacy theory was proposed by Dowling and Pfeffer (1975).This theory explains that companies must ensure that the company's operations are still within the norms accepted by society.This theory is based on the idea that the company will continue its existence if the values in the company are in accordance or in harmony with the values or norms prevailing in society.The company's management system is not only concerned with shareholder rights but also the interests of society and the impact on the environment.Company activities that ignore environmental impacts will conflict with the norms and values prevailing in society.The adverse impact of environmental management by the company will be felt by the surrounding community both directly and indirectly.Therefore, companies must create a good environmental impact management system.Early management of environmental impacts by the company will reduce the risk for the company to get public demands in the future.For this reason, the company discloses the actions taken to reduce these environmental impacts.Disclosure is made by the company through the financial statements prepared by the company.

Intelectual Capital
Intellectual capital is defined as the total of all capabilities and knowledge that help a company to gain and maintain a competitive advantage.a company to gain and maintain a sustainable competitive advantage (Wang, Wang, & Liang, 2014).(Wang, Wang, & Liang, 2014).Intellectual capital is a resource that is intended to contribute to improving performance (Zéghal & Maaloul, 2010), intellectual capital information is more widely disclosed in company reports.intellectual capital that is more widely disclosed in corporate reports should represent a source of of competitive advantage and thus will lead to improved performance of the company. of the company.Intellectual capital has three components: human capital, which is based on human resources; structural capital, which relies on organizational human resources, structural capital that relies on the organization, and capital employed that is based on the coordination of the relationship between the company and its surrounding environment.based on the coordination of the relationship between the company and the surrounding environment (Jardon & Dasilva, 2017).According to Hussinki, Ritala, Vanhala, & Kianto (2017), companies characterized by high intellectual capital and the use of knowledge management practices.and high use of knowledge management practices usually have better performance.
Green Accounting Green accounting is Environmental accounting is collecting, analyzing, assessing, and preparing reports on environmental and financial data with the aim of reducing environmental impacts and costs.This form of accounting is also important to many aspects of government policy.As a result, environmental accounting has become a key aspect of green business and responsible economic development" (Cohen and Robbins, 2011:190).

Company Performance
Performance measurement according to Anthony and Govindarajan (2007: 441) is the measurement of the results of strategy implementation, and performance results that are considered good will be the standard for measuring future performance.If the indicators that become performance measures increase, it means that the strategy has been implemented properly.According to Jumingan (2014: 239) explains that financial performance is a description of the company's financial condition in a certain period, both regarding aspects of raising funds and channeling funds, which are usually measured by indicators of capital adequacy, liquidity, and profitability.. ISSN 2303-0356 Vol. 13, No.3, October 2023 Hal.229-236

Jurnal Akuntansi
The Effect of Intellectual Capital on Company Performance The effect of human capital efficiency on company performance Human capital efficiency shows the amount of value added generated per monetary unit invested in labor to produce company performance.Human capital is the intellectual ability of employees.Nielsen, Bukh, Mouritsen, Johansen, & Gormsen (2006) argue that human capital, represented by for example the skills, knowledge, expertise of employees that help improve company performance.According to Soetedjo & Mursida (2014), the higher the human capital, the higher the company's performance because it will show the effective and efficient utilization and management of the intellectual resources of the company's workforce so as to obtain maximum profit.The results of Nimtrakoon's research (2017) state that human capital efficiency has a significant positive effect on company performance.H1 = Human capital efficiency has a significant positive effect on company performance.
The effect of structural capital efficiency on company performance Structural capital efficiency is the proportion of the amount of added value accounted for by structural capital.Structural capital is the company's ability to assist employee efforts to produce ideal intellectual capital such as: company operating systems, manufacturing processes, organizational culture and management.According to Soetedjo & Mursida (2014), the higher the structural capital, the company's performance will increase because the company is able to manage its assets optimally because with a good system, structure and procedures, the company can reduce fraud that occurs and customer satisfaction can be increased and can also maximize profits.The results of Hamdan's research (2017), suggest that structural capital efficiency has a significant positive effect on the company's financial performance.H2 = Structural capital efficiency has a significant positive effect on company performance.
The effect of capital employed efficiency on company performance Capital employed efficiency is the amount of added value of physical and financial assets in the company which measures the efficiency and effectiveness of the company.Capital employed comes from outside the company which can provide more value to companies such as clients, distributors, suppliers, and investors (Sawarjuwono & Kadir, 2003).According to Soetedjo & Mursida (2014), the higher the capital employed, the company's performance will increase because good social relations between the company and outsiders will affect the level of trust of outsiders in the company so that the company can get many benefits such as: client loyalty, good name and power to negotiate so that profit can be maximized.The results of Nimtrakoon's research (2017) state that capital employed efficiency has a significant positive effect on company performance.H3 = Capital employed efficiency has a significant positive effect on company performance.
The Effect of Green Accounting on Company Performance Green accounting for company owners has many benefits, one of which is that it can trigger positive developments and can improve the company's name in the eyes of the public.So that this can increase the company's selling value for its products produced by the company.Not only does it increase the company's selling value to consumers but also to investors who have invested their shares in the company.According to Ningsih (2017) in her research has explained that it has been found that green accounting has a significant positive effect on financial performance.As well as research from Adriana (2022) which shows the results of the application of green accounting can affect the company's financial performance.This is because environmental disclosures in the company's annual report can assist users of financial statements in making decisions for company policies or programs related to environmental preservation in the future.
Based on the results of research by Nursasi (2017) and Adriana (2022), the researchers proposed the following hypothesis: H4: Green Accounting Affects Company Performance.

RESEARCH METHODS Population and Sample
The population in this study are all manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2021-2023 period.The sampling method in this study uses purposive sampling method, namely the sampling method based on certain criteria.

Operational Definition of Variables Dependent Variable Financial Performance
The company's financial performance was chosen in this study because it is to see whether social responsibility activities for companies can have an impact on company profitability.Financial performance in this study is measured using ROA (Return On Asset).The formula used to measure this variable is as follows

RESULTS AND DISCUSSION
Description of Research Data The population in this study were all manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2020-2023.The sampling method in this study used purposive sampling method, which is a sampling method based on certain criteria.Table I shows that the samples that met the sampling criteria in this study were 40 companies with 137 observations.

Pembahasan
The effect of human capital efficiency on company performance Human capital efficiency shows the amount of value added generated per monetary unit invested in labor to produce company performance.Human capital is the intellectual ability of employees.Nielsen, Bukh, Mouritsen, Johansen, & Gormsen (2006) argue that human capital, represented by for example the skills, knowledge, expertise of employees that help improve company performance.According to Soetedjo & Mursida (2014), the higher the human capital, the higher the company's performance because it will show the effective and efficient utilization and management of the intellectual resources of the company's workforce so as to obtain maximum profit.

The effect of structural capital efficiency on company performance
Structural capital efficiency is the proportion of the amount of added value accounted for by structural capital.Structural capital is the company's ability to assist employee efforts to produce ideal intellectual capital such as: company operating systems, manufacturing processes, organizational culture and management.According to Soetedjo & Mursida (2014), the higher the structural capital, the company's performance will increase because the company is able to manage its assets optimally because with a good system, structure and procedures, the company can reduce fraud that occurs and customer satisfaction can be increased and can also maximize profits.

The effect of capital employed efficiency on company performance
Capital employed efficiency is the amount of added value of physical and financial assets in the company which measures the efficiency and effectiveness of the company.Capital employed comes from outside the company which can provide more value to companies such as clients, distributors, suppliers, and investors (Sawarjuwono & Kadir, 2003).According to Soetedjo & Mursida (2014), the higher the capital employed, the company's performance will increase because good social relations between the company and outsiders will affect the level of trust of outsiders in the company so that the company can get many benefits such as: client loyalty, good name and power to negotiate so that profit can be maximized.

Green accounting affects company performance
Green accounting for company owners has many benefits, one of which is that it can trigger positive developments and can improve the company's name in the eyes of the public.So that this can increase the company's selling value for its products produced by the company.Not only does it increase the company's selling value to consumers but also to investors who have invested their shares in the company.Nursasi (2017), in his research has explained that it has been found that green accounting has a significant positive effect on financial performance.As well as research from Adriana (2022) which shows the results of the application of green accounting can affect the company's financial performance.
results are used to describe research data in the form of mean, minimum, maximum and standard deviation of each variable.This research data is described as follows: Based on table 3, it can be seen that the results of the calculation using the One Sample Kolmogorov-smirnov test for Unstandardrized Residual have an Asymp Sig (2-tailed) value greater than 0.05 so that the data used in this study are normally distributed.Based on table 4 above, it is concluded that all research variables have VIF < 10 and Tolerance value > 0.10, which means that there are no symptoms of multicollinearity in the regression equation model.Based on the regression results in table 7, it can be seen that the F statistical value in the model is 17.127 with a significance value of 0.000.The probability value of 0.000 is smaller than 0.05, indicating that the model used in the study is feasible to use.Based on table 7, it can be seen that the value of Adj.R2 value of 0.494 which indicates that 49.4% of the variable use of accounting information can be explained by the human capital efficiency (HC) variable.Variable Structural Capital Efficiency (SC), Variable Capital Employee Efficiency (CE) and variable green accounting (GA) while the remaining 50.6% is explained by other variables not contained in this study.