Katherine, Hartati
Unknown Affiliation

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

THE INFLUENCE OF GEOPOLITICAL RISKS ON STOCK PRICE CRASH WITH ESG MODERATION IN INDONESIA Katherine, Hartati; Kim, Sung Suk
JMBI UNSRAT (Jurnal Ilmiah Manajemen Bisnis dan Inovasi Universitas Sam Ratulangi). Vol 11 No 3 (2024): JMBI UNSRAT Volume 11 Nomor 3
Publisher : FEB Universitas Sam Ratulangi Manado

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35794/jmbi.v11i3.57621

Abstract

Stock prices can indicate a company's development activity and show the investment commitment made by investors. However, under certain conditions, there is often a significant decline in stock prices which is called a market crash, such as due to geopolitical risk. This study aims to examine how geopolitical risk affects market crashes and how ESG performance is able to suppress market crashes. This study was conducted quantitatively on 64 companies with 353 observations in the period 2013-2022. Testing was carried out using panel data regression. The results of the study showed that GPR did not have a significant effect on market crashes, so ESG performance was also unable to moderate the effect of GPR on market crash risk.