Harmonizing eco-control and eco-friendly technologies with green investment: Pioneering business innovation for corporate sustainability in the Indonesian context

Abstract

This research investigates the intricate relationships between Eco-Control, Eco-Friendly Technologies, Green Investment, Business Innovation, and Corporate Sustainability within the Indonesian manufacturing landscape. The primary objective is to shed light on the interplay of these factors in achieving sustainable business practices. This study employs a quantitative approach, gathering data from a diverse sample of 160 manufacturing companies in Tangerang City, Indonesia, spanning eight sectors. Each sector contributes 20 top management representatives, providing insights into their respective Green Investment, Business Innovation, and Corporate Sustainability practices. The analysis supports the acceptance of hypotheses relating to these constructs' direct and mediating relationships. Green Investment is pivotal in mediating the path from Eco-Control and Eco-Friendly Technologies to Corporate Sustainability. These findings offer valuable insights for businesses in Indonesia, highlighting the importance of Green Investment and Business Innovation in fostering Corporate Sustainability. Practical implications suggest the need for strategic investments in green initiatives and innovation. Despite comprehensive sampling, this study acknowledges potential data accuracy and generalizability limitations. This study recommends further research to explore nuances across sectors and enhance understanding of sustainable practices.