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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Bibliographic Details
Main Authors: Mohamad Ikhsan Modjo, Yanthi Hutagaol-Martowidjojo, Madelaine Victoria
Format: Article
Language:English
Published: Taylor & Francis Group 2025-12-01
Series:Cogent Business & Management
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23311975.2025.2537798
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