INTEGRATION OF FINANCIAL AND ENVIRONMENTAL POLICIES TO CREATE A SUSTAINABLE FUTURE IN TANGERANG REGENCY
DOI:
https://doi.org/10.32493/ebic.v2i1.50953Keywords:
Financial Policy, Environmental Policy, Sustainability, Linear Regression, Tangerang RegencyAbstract
This study aims to analyze the influence of financial and environmental policies on economic sustainability in Tangerang Regency, focusing on the role of fiscal policy in supporting green investment and environmental regulations in creating ecosystem balance. Using the multiple linear regression method based on a survey of 150 respondents consisting of industry players, the community, and policy makers, it was found that financial policy has a significant positive influence on economic sustainability with a coefficient of 0.658 (p < 0.01). Meanwhile, environmental policies also showed a positive influence, albeit with a smaller impact, namely a coefficient of 0.432 (p < 0.05). An R-squared value of 0.82 indicates that the model used has a high level of accuracy in explaining variations in economic sustainability. The results of this study confirm that the integration of financial and environmental policies is necessary to create sustainable and environmentally friendly economic growth. The main recommendations of this study are increased investment in green projects, providing tax incentives for industries that implement sustainable business practices, and strengthening environmental regulations to reduce the negative impact of industry on the ecosystem. In addition, it is necessary to increase public awareness and the private sector so that the implementation of this policy can run optimally and have a wide impact.
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