Sustainable Green Intangible Asset, Financial Performance, and Sustainable Competitive Advantages

This study examines financial performance (profitability, efficiency) and sustainable green intellectual capital having a significant positive effect on sustainable competitive advantage. The sample is 165 firm-year observations of the Indonesian energy and mining sector from 2016 to 2020. The sample writer used in this study is purposive sampling, and the analysis uses panel data with review 10. The results show that financial performance profitability has a negative impact, efficiency performance has a significant positive effect, and unique, sustainable green intangible assets do not affect sustainable competitive advantage using sustainable differentiation advantage. This study is limited to secondary data published by companies in the energy and mining sectors related to the disclosure of ownership of unique green intangible assets. Profitability and efficiency are the sources of sustainable competitive advantage (sustainable differentiation product advantage). This study uses sustainable competitive advantage by measuring sustainable differentiation as the dependent variable and ownership of unique intangible assets derived from green intellectual capital with contingency theory.