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Assessment of Indonesian Life Insurance Customer Behavior: Investment Return Potential For Evaluating Market Discipline Titiek Irewati
Eduvest - Journal of Universal Studies Vol. 4 No. 1 (2024): Journal Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v4i1.989

Abstract

Market discipline, which concerns aspects of monitoring and the ability of market participants to play a role in influencing management behavior, is an aspect of the financial industry that has not yet clearly existed in the life insurance industry in Indonesia.  This condition is the background of a study that aims to determine the possibility of market discipline in the life insurance industry in Indonesia through observation of the relationship between the acquisition of investment returns of life insurance companies with the acquisition of new business and termination of contracts or lapse policies.  Testing based on sample data from 27 life insurance companies (Financial Statements published by OJK) resulted that: can accept the hypothesis of a positive correlation (unidirectional) trend between investment returns and new businesses, but cannot accept the hypothesis that there is a negative tendency (not in the same direction) between investment returns and policy lapse.  The market (life insurance consumers) has not been able to express disapproval of the company's performance that is not in accordance with the wishes.
Analysis Of The Relationship Between Wealth Added And Environmental, Social, And Governance (Esg) Risk On Stock Prices Titiek Irewati
Journal Research of Social Science, Economics, and Management Vol. 4 No. 12 (2025): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v4i12.918

Abstract

The dynamics of stock prices have always been a point of concern for investors who invest in a public company. Theoretically, there are internal and external factors that play a role in stock price fluctuations. This study examines internal factors, namely the company's performance expressed as Wealth Added value and the level of Environmental, Social and Governance (ESG) risk as independent variables and its Effect on Stock Price as dependent variables. The observation sample was selected from a group of corporate companies included in the Wealth Added SWA100 index published in 2024. Data from 20 samples of public companies in the material, energy and utility sectors were tested by Multiple Linear Regression analysis, and the results were that there was no significant influence of Wealth Added value and ESG risk on stock prices. The test/correlation showed a positive trend between the value of Wealth Added and the stock price and the negative direction between the level of ESG risk and the stock price.