The effect of ESG score, valuation, and earning on stock price
The issue that arises in the minds of potential investors when choosing companies that apply ESG principles and standards in their operational processes creates a trend where investors manage their portfolios with financial assets and shares of companies that have implemented ESG standards in each o...
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| Format: | Article |
| Language: | English |
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Universitas Muhammadiyah Purwokerto
2024-10-01
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| Series: | Kompartemen: Jurnal Ilmiah Akuntansi |
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| Online Access: | https://jurnalnasional.ump.ac.id/index.php/kompartemen/article/view/23828 |
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| author | Muhammad Aliv Alfarizzi Ike Purnamasari Zainal Abidin |
| author_facet | Muhammad Aliv Alfarizzi Ike Purnamasari Zainal Abidin |
| author_sort | Muhammad Aliv Alfarizzi |
| collection | DOAJ |
| description | The issue that arises in the minds of potential investors when choosing companies that apply ESG principles and standards in their operational processes creates a trend where investors manage their portfolios with financial assets and shares of companies that have implemented ESG standards in each of their business lines to reduce the risk of corporate uncertainty. The purpose of this study is to empirically demonstrate the effect of ESG Investing, which is projected with ESG Score, valuation, and earnings to the stock price of publicly listed companies on the IDX in 2024. The results show that the three variables tested simultaneously have a positive effect on stock prices with an Adjusted R-Square value of 49.4%, that is 0.494 represents the variation in stock price can be explained by the three independent variables, ESG score, valuation which is represented by P/E Ratio, and earning which is represented by Dividend per Share. |
| format | Article |
| id | doaj-art-c4f40e33127a445e8de8d089a17335f9 |
| institution | Kabale University |
| issn | 1693-1084 2579-8928 |
| language | English |
| publishDate | 2024-10-01 |
| publisher | Universitas Muhammadiyah Purwokerto |
| record_format | Article |
| series | Kompartemen: Jurnal Ilmiah Akuntansi |
| spelling | doaj-art-c4f40e33127a445e8de8d089a17335f92025-01-09T08:17:50ZengUniversitas Muhammadiyah PurwokertoKompartemen: Jurnal Ilmiah Akuntansi1693-10842579-89282024-10-0122231632810.30595/kompartemen.v22i2.238286514The effect of ESG score, valuation, and earning on stock priceMuhammad Aliv Alfarizzi0Ike Purnamasari1Zainal Abidin2Universitas MulawarmanUniversitas MulawarmanUniversitas MulawarmanThe issue that arises in the minds of potential investors when choosing companies that apply ESG principles and standards in their operational processes creates a trend where investors manage their portfolios with financial assets and shares of companies that have implemented ESG standards in each of their business lines to reduce the risk of corporate uncertainty. The purpose of this study is to empirically demonstrate the effect of ESG Investing, which is projected with ESG Score, valuation, and earnings to the stock price of publicly listed companies on the IDX in 2024. The results show that the three variables tested simultaneously have a positive effect on stock prices with an Adjusted R-Square value of 49.4%, that is 0.494 represents the variation in stock price can be explained by the three independent variables, ESG score, valuation which is represented by P/E Ratio, and earning which is represented by Dividend per Share.https://jurnalnasional.ump.ac.id/index.php/kompartemen/article/view/23828esg investingsustainable developmentcapital marketinvestment management |
| spellingShingle | Muhammad Aliv Alfarizzi Ike Purnamasari Zainal Abidin The effect of ESG score, valuation, and earning on stock price Kompartemen: Jurnal Ilmiah Akuntansi esg investing sustainable development capital market investment management |
| title | The effect of ESG score, valuation, and earning on stock price |
| title_full | The effect of ESG score, valuation, and earning on stock price |
| title_fullStr | The effect of ESG score, valuation, and earning on stock price |
| title_full_unstemmed | The effect of ESG score, valuation, and earning on stock price |
| title_short | The effect of ESG score, valuation, and earning on stock price |
| title_sort | effect of esg score valuation and earning on stock price |
| topic | esg investing sustainable development capital market investment management |
| url | https://jurnalnasional.ump.ac.id/index.php/kompartemen/article/view/23828 |
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