International Journal of Business, Economics, and Social Development
Vol 2, No 4 (2021)

Comparison of Performance from Green Bonds and Conventional Bonds Traded on the Indonesia Stock Exchange

Wiliya Wiliya (Universitas Padjadjaran)
Dwi Susanti (Universitas Padjadjaran)
Sukono Sukono (Universitas Padjadjaran)



Article Info

Publish Date
08 Nov 2021

Abstract

Bonds are types of securities in the form of a debt acknowledgment letter for loan money from the public in a certain form, but with a minimum tenor of three years and promise of interest rewards in which the amount and payment have been determined in advance. Looking at the current global problems regarding degradation of environmental equality and climate change, bonds were developed where the proceeds of issuance were exclusively applied to finance environmentally friendly projects, is green bonds. However, the issuance of green bonds in Indonesia is slight. This research aims to find out the comparison of individual performance of green bonds and conventional bonds traded on the Indonesia Stock Exchange. The method used to measure performance is Sharpe Ratio. The result indicates that performance of green bond worse than conventional bond. This research can be used as a consideration for investor in making investment based on performance.

Copyrights © 2021






Journal Info

Abbrev

ijbesd

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Social Sciences

Description

International Journal of Business, Economics and Social Development (IJBESD) is published 4 (four) times a year and is the flagship journal of the Research Collaboration Community (RCC). It is the aim of IJBESD to present papers which cover the theory, practice, history or methodology of Business, ...