The Influence of Environmental, Social & Governance (ESG) Risk Rating on Debt Financing in Companies Listed on IDX ESG Leaders

Ria Mairosa ; Susi Sarumpaet
International Journal of Economics, Management and... 📅 2024 Vol 1, No 3 🔗 DOI: 10.61132/ijema.v1i3.135
Abstract
This study analyzes the impact of Environmental, Social & Governance (ESG) Risk Rating on Debt Financing in companies listed on IDX ESG Leaders for the period 2020-2023. Data was obtained through saturated sampling techniques and used an unbalanced panel with 30 companies included in IDX ESG Leaders for each period over the 3-year observation period, resulting in a total of 90 samples. The variables studied include ESG Risk Rating, Leverage, and Profitability. The results show that ESG Risk Rating has a significantly negative impact on Debt Financing. Control variables such as leverage do not impact Debt Financing, whereas profitability has a significantly negative impact on Debt Financing.
Keywords
Debt Financing; ESG Risk Rating; IDX ESG Leaders
How to Cite

Ria Mairosa & Susi Sarumpaet (2024). The Influence of Environmental, Social & Governance (ESG) Risk Rating on Debt Financing in Companies Listed on IDX ESG Leaders. International Journal of Economics, Management and Accounting, 1(3). https://doi.org/10.61132/ijema.v1i3.135

Ria Mairosa; Susi Sarumpaet, "The Influence of Environmental, Social & Governance (ESG) Risk Rating on Debt Financing in Companies Listed on IDX ESG Leaders," International Journal of Economics, Management and Accounting, vol. 1, no. 3, 2024.

Ria Mairosa; Susi Sarumpaet. "The Influence of Environmental, Social & Governance (ESG) Risk Rating on Debt Financing in Companies Listed on IDX ESG Leaders." International Journal of Economics, Management and Accounting, vol. 1, no. 3, 2024.

Ria Mairosa; Susi Sarumpaet. "The Influence of Environmental, Social & Governance (ESG) Risk Rating on Debt Financing in Companies Listed on IDX ESG Leaders." International Journal of Economics, Management and Accounting 1, no. 3 (2024).

Ria Mairosa & Susi Sarumpaet (2024) 'The Influence of Environmental, Social & Governance (ESG) Risk Rating on Debt Financing in Companies Listed on IDX ESG Leaders', International Journal of Economics, Management and Accounting, 1(3). doi: 10.61132/ijema.v1i3.135.

Ria Mairosa; Susi Sarumpaet. The Influence of Environmental, Social & Governance (ESG) Risk Rating on Debt Financing in Companies Listed on IDX ESG Leaders. International Journal of Economics, Management and Accounting. 2024;1(3).

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