Article Per Year (5 Year)
p-Index From 2019 - 2024
4.426
P-Index
This Author published in this journals
All Journal MANAJEMEN HUTAN TROPIKA Journal of Tropical Forest Management JURNAL EKONOMI DAN KEBIJAKAN PEMBANGUNAN Sodality: Jurnal Sosiologi Pedesaan MEDIA KONSERVASI MANAJEMEN IKM: Jurnal Manajemen Pengembangan Industri Kecil Menengah Jurnal Manajemen dan Agribisnis Forum Pasca Sarjana Jurnal Ekonomi Pembangunan Signifikan : Jurnal Ilmu Ekonomi ETIKONOMI SOCA: Jurnal Sosial Ekonomi Pertanian Jurnal Ekonomi Sosiohumaniora Jurnal Manajemen Teknologi JURNAL SAINS DAN TEKNOLOGI INDONESIA Jurnal Keuangan dan Perbankan Jurnal Ekonomi dan Pembangunan Indonesia JDM (Jurnal Dinamika Manajemen) JEJAK Jurnal Penelitian Hutan dan Konservasi Alam Jurnal Penelitian Hasil Hutan Jurnal Agro Ekonomi Analisis Kebijakan Pertanian JAM : Jurnal Aplikasi Manajemen Journal of S&T Policy and R&D Management AGRISE Jurnal Aplikasi Bisnis dan Manajemen (JABM) E-Journal Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Jurnal Tataloka MIX : Jurnal Ilmiah Manajemen Jurnal Penelitian Karet Jurnal Riset Manajemen dan Bisnis (JRMB) Fakultas Ekonomi UNIAT MAJALAH ILMIAH GLOBE Informatika Pertanian International Journal of Islamic Economics and Finance (IJIEF) JEPA (Jurnal Ekonomi Pertanian dan Agribisnis) Jurnal Manajemen Pembangunan Daerah Jurnal Organisasi Dan Manajemen Buletin Ilmiah Litbang Perdagangan JURNAL MANAJEMEN INDUSTRI DAN LOGISTIK Indonesian Journal of Socio Economics Jurnal Ilmiah Bisnis dan Ekonomi Asia Buletin Ekonomi Moneter dan Perbankan Economics and Finance in Indonesia Amwaluna Jurnal Ekonomi dan Keuangan Syariah Akurasi : Jurnal Studi Akuntansi dan Keuangan Jurnal Manajemen Jurnal Penelitian Hasil Hutan Jurnal Agro Ekonomi Analisis Kebijakan Pertanian Jurnal Ekonomi Indonesia BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi JEPI Policy Brief Pertanian, Kelautan, dan Biosains Tropika IJAE Dinamika Pertanian
Hermanto Siregar
Fakultas Ekonomi Dan Manajemen IPB, Bogor
Agriculture, Biological Sciences & Forestry Arts Humanities Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Chemistry Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Energy Engineering Environmental Science Immunology & microbiology Industrial & Manufacturing Engineering Law, Crime, Criminology & Criminal Justice Materials Science & Nanotechnology Social Sciences Transportation

Published : 137 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : International Journal of Islamic Economics and Finance (IJIEF)

 1 
Volatility and Stability of ESG Equity in Indonesia toward Internal and External Shocks Indra Gunawan; Muhammad Firdaus; Hermanto Siregar; Mulya E. Siregar
International Journal of Islamic Economics and Finance (IJIEF) Vol 5, No 2 (2022): IJIEF Vol 5 (2), July 2022
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/ijief.v5i2.12693

Abstract

The Environmental, Social and Governance (ESG) index is rising in popularity globally especially in Indonesia. This study attempts to prove that ESG equity is less volatile than non-ESG equity, since specific components of ESG are essentially parts of the Shariah values. Using data from 2009 through 2020, the Vector Error Correction Model (VECM) method was utilized to further investigate the link between ESG and other endogenous variables such as the DJIM (Dow Jones Islamic Market), Fed rate, JCI (Jakarta Composite Index) index, exchange rate, and BI rate. The results show that all internal and external variables significantly influence ESG equity in very low magnitude, except for DJIM negatively and Fed rate positively. However, the IRF findings reveal what transpired to the ESG equity, which was able to endure shocks from both internal and external simultaneously, and to stabilize more swiftly. Moreover, the FEVD results shows that all internal and external variables have little impact to ESG equity totaling less than 9 per cent. Meanwhile, the impact of the same variables to non-ESG equity, i.e., JCI and DJIM, are higher at 38 per cent and 13 per cent, respectively. In addition, ESG equity tends to have a dominant influence on other non-ESG equity. Therefore, the Indonesian stock market will be more stable if ethical investing norms, such as ESG equity, are followed, which will be more judicious in order to achieve long-term growth.
Co-Authors . Mahyuddin ., Harianto Abitur Asianto Adhitya Wardhana Adis Imam Munandar Adler H. Manurung Adler Haymans Manurung Affendi Anwar Agus Lukman Hakim Ahmad Aris, Ahmad Akhmadi Akhmadi Amzul Rifin Anak Agung Ketut Sudharmawan Andam Dewi Anny Ratnawati Aprilia Sukmawati Apriyana, Alfin Ardina Puspitasari Arham Rivai Ari Binuko Arief Darjanto Arief Daryanto Arief Daryanto Arif Imam Suroso Arif Imam Suroso Arif Naldi Astoeti Wahjoe Widiarti Aviliani Aviliani Azizah B D Nasendi Baida Soraya Bambang Juanda Basyid Ahmad Benar Darius Ginting Benny Kurniawan Bonar M Sinaga Bonar M Sinaga Bonar M. Sinaga Bonar Marulitua Sinaga Bronson Marpaung Bunasor Sanim Bungaran Saragih Bungaran Saragih D. S. Priyarsono D. S. Priyarsono Dahri Dahri Darmawan, Indra Darsono . Dedi Budiman Hakim Desi Maryanti Diana Septiningrum Diana Septiningrum, Diana Dodik Ridho Nurrochmat Dominicus Savio Priyarsono Dudi S. Hendrawan Dwi Haryono Dwi Suprastyo DWI SURYANTO Dyan Vidyatmoko Dyan Vidyatmoko E. Gumbira-Sa’id Eddi Wahyudi, Eddi Eduart Wolok Edwin Mahatir Muhammad Ramadhan Eka Intan Kumala Putri Eko Wahyu Nugrahadi Endah Murniningtyas Endah Murniningtyas Endang Suhendang Endriatmo Soetarto Eriyatno . Erlina Erlina Ernan Rustiadi Ervina Mela Dewi, Yandra Arkeman, Erliza Noor, Noer Azam Achsani Erwin Susanto Sadirsan Evi Lisna Evita H. Legowo Fahriyah Fahriyah Faizal Irvansyah Faizul Mubarok Fazri, Muhammad Ferry Syarifuddin Fitria Yuliani Gonarsyah, Isang Gustiyan Taufik Mahardika Hadi, Setia Hani Laksono Harahap, Muhammad Syafril Hardinsyah . Harianto . Harianto Harianto Harianto Harianto Harianto Harianto Hastori, . Hendro Sasongko Hendro Sasongko Heni Hasanah Hery Setiawan Heti Mulyati I Gusti Putu Wigena Ichsan, Aulia Idqan Fahmi Ilham, Nyak Ilham, Nyak Illah Sailah Iman Sugema Iman Widhiyanto Indra Gunawan Ingrit, Ingrit Joko S. Usman Joyo Winoto Kadar, Laila Kodrat Wibowo Kusnadi - Kustanto, Heru Kustanto, Heru Lala M Kolopaking Latuconsina, Olivia CH Limetry Liana Lukman M. Baga Lukytawati Anggraeni M Parulian Hutagaol M Parulian Hutagaol M. Ilham Riyadh M. Machfud M. Parulian Hutagaol M. Said Didu M. Syamsul Maarif Machmud, Musdhalifah Mangara Tambunan MANGARA TAMBUNAN Mangasa Augustinus Sipahutar, Mangasa Augustinus Manuwoto, Manuwoto Maulana, Tubagus NA Megasari, Debbie Minesa, Punti Moch Hadi Santoso Mohammad Nur Hadi Mudinillah, Adam Muhammad Arief Dirgantoro Muhammad Fazri Muhammad Fazri muhammad Firdaus Mulya E. Siregar Nadiah Hidayati Nancy Megawati Hariandja Nashwari, Inti Pertiwi nFN Sudradjat Nila Rifai Nugroho Setyo Utomo Nunung Nuryartono Nurlaila Firdani Fajri Nyak Ilham Oktovianus Pantjar Simatupang Parulian Hutagaol Perdana Wahyu Santoso Permadi, Hengki Petrus F.T.P. Tampubolon Pratikto Winardi Bakhram Prima Puspita Indra Murti Prima, Ghaniy Ridha R Marsuki Iswandi R Susila, Wayan Rachmad Hermawan Rahmanta Rahmanta, Rahmanta Rina Oktaviani Rina Oktaviani Rina Oktaviani Rina Oktaviani Rini Dwiyani Hadiwidjaja Riny Kusumawati Ristianto Pribadi Ristiyanto, Nirwan Ristiyanto, Nirwan Riyanto Riyanto Rizavia Mardhika Putri Roy Sembel Roy Sembel Safrida . Sahruddin Nasution Santun R.P. Sitorus Satria Prawira Dirga Setia Hadi Setiadi Djohar Setiawan, Andi Siti Aida Adha Taridala Sjafri Mangkuprawira Sri Hartoyo Sri Hartoyo Sri Mulatsih Stephen Thenu Sugeng Budiharsono Sugimin Pranoto Sugiyanto Sugiyanto Suprehatin Surjono H. Sutjahjo Surya Abadi Sembiring Surya Abadi Sembiring Sutikno, Renaldo Prima Sutriono Edi Suwarno Suwarno Suwinto Johan Syamsul Hidayat Pasaribu Syamsul Ma'arif Syarifuddin, Ferry Syarifuddin, Ferry Syauqi, Muhamad Sylvia Sandyazmara Devi Tambunan, Martua Eliakim Tanti Novianti Tanti Novianti TB Nur Ahmad Maulana Tb. N Ahmad Maulana, Tb. N Ahmad Trias Andati Trias Andati Trias Andati Trias Andati Trias Andati Tubagus Nur Ahmad Maulana Tubagus Nur Ahmad Maulana Tubagus Nur Ahmad Maulana Tutut Sunarminto Usman - Vidyatmoko, Dyan Widhiyanto, Iman Widyastutik Winardi Winardi Winardi, Winardi Winoto, Joyo Wiwiek Rindayati Wonny A. Ridwan Yantu, M. R. Yati Nuryati Yenna Sri Mardiana Yulismi, Yulismi Yusman Syaukat Yusman Syaukat