Claim Missing Document
Check
Articles

Found 2 Documents
Search

Empowering Coastal Communities Through Ecotourism: Enhancing Economic Livelihoods And Turtle Conservation Efforts Fadliyanti, Luluk; Diswandi, Diswandi; Dzul Fadlli, Muhammad; Handalusia, Vici; Bai’ul Hak, Muhamad; Nuril Ferdaus, Nadia; bin Hasan Basri, Bakti; Roshidah binti Fadzim, Wan; Rizky Pratomo, Judandi; Jannah, Widyatul
International Journal Of Community Service Vol. 4 No. 4 (2024): November 2024 (Indonesia - Thailand - Malaysia)
Publisher : CV. Inara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51601/ijcs.v4i4.768

Abstract

This community engagement project aimed to empower coastal communities through ecotourism while enhancing sea turtle conservation in Nipah, North Lombok, Indonesia. Conducted in collaboration between Mataram University and Universiti Utara Malaysia, the program combined educational sessions, interactive discussions, and symbolic hatchling releases to foster environmental awareness and sustainable livelihoods. Participants gained valuable insights into sea turtle life cycles, threats, and the importance of community-driven conservation. The event successfully strengthened public commitment to biodiversity protection and promoted Nipah as a model for eco-tourism development. Moreover, the initiative demonstrated how integrated conservation and tourism strategies can contribute to marine ecosystem restoration and socio-economic resilience in coastal areas.
Stock Valuation of IDX ESG Leaders Constituents and Its Implications for Sustainable Economic Development in Indonesia (2020–2024) Rizky Pratomo, Judandi; Huzaini, Moh.; Bai’ul Hak, Muhamad
Al-Kharaj: Journal of Islamic Economic and Business Vol. 8 No. 2 (2026): All articles in this issue include authors from 3 countries of origin (Indonesi
Publisher : LP2M IAIN Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24256/kharaj.v8i2.9791

Abstract

This study assesses the fairness of stock prices for issuers that consistently remained constituents of the IDX ESG Leaders (ESGL) during 2020-2024 and examines indications of an ESG premium. The method applies relative valuation based on five-year averages of Price-to-Earnings (P/E) and Price-to-Book Value (P/B). Fair value is estimated as the five-year average P/E multiplied by the latest EPS and the five-year average P/B multiplied by the latest BVPS, then consolidated as the base scenario. The sample comprises 17 issuers with normalized official data. The results show that all issuers are classified as undervalued under the base scenario, indicating multiple compressions and no systematic ESG premium. The findings confirm the usefulness of a concise, transparent, and replicable five-year P/E-P/B framework, while highlighting the need to standardize ESG-financial linkages and strengthen historical multiple data infrastructure. ESG issuers contribute to structural transformation through energy efficiency, low-carbon innovation, and stronger governance that enhances competitiveness and attracts sustainable financing. This study is descriptive and point-in-time; further research is recommended to add non-ESG benchmarks, extend the horizon, and explore alternative multiples.