Shaping performance in downturns: the role of ESG and Shariah compliance in Indonesia
This study investigates the impact of corporate ethics, measured by ESG scores and Shariah compliance, on stock performance during crises. Using Indonesia’s COVID-19 pandemic as a case study, daily stock data from Q3 2019 to Q2 2020 is analyzed for firms in the IDX KOMPAS-100 index. Ethical stocks a...
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| Main Authors: | Mohamad Ikhsan Modjo, Yanthi Hutagaol-Martowidjojo, Madelaine Victoria |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2025-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2025.2537798 |
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