ESG Disclosure and Investment Efficiency: Evidence from Indonesian Manufacturing Companies
ESG開示と投資効率：インドネシア製造企業のエビデンス (AI 翻訳)
Talitha Rahmi Ardiyanti, Bambang Sugeng, Nurika Restuningdiah
🤖 gxceed AI 要約
日本語
本研究は、インドネシア製造業企業を対象に、ESG情報開示が企業の投資効率に与える影響を実証分析した。その結果、ESG開示が投資効率を向上させることを示し、その伝達経路も明らかにした。新興国市場における初のエビデンスを提供する。
English
This study empirically analyzes the impact of ESG disclosure on corporate investment efficiency using data from Indonesian manufacturing companies. The findings show that ESG disclosure improves investment efficiency, clarifying the transmission mechanism. It provides novel evidence from an emerging market context.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本企業がインドネシアなど新興国で事業展開する際、ESG開示の効果を理解する上で参考になる。また、日本のESG開示制度（SSBJなど）の設計にも示唆を与える。
In the global GX context
This paper adds emerging-market evidence to the global ESG disclosure literature, showing that disclosure improves investment efficiency even in less developed institutional environments. It complements evidence from developed economies and supports the ISSB's goal of global baseline standards.
👥 読者別の含意
🔬研究者:Provides empirical evidence on the ESG disclosure-investment efficiency link in an emerging market, filling a gap in the literature.
🏢実務担当者:Highlights that ESG disclosure can enhance investment efficiency for manufacturing firms, relevant for companies in similar emerging markets.
🏛政策担当者:Offers support for mandatory ESG disclosure policies in emerging economies as a tool to improve capital allocation.
📄 Abstract（原文）
In recent years, industry and regulatory bodies across the globe have continuously raised transparency requirements for enterprises. Meanwhile, multi-stakeholder accountability pressures in the field of sustainable development have grown steadily, making the strategic importance of ESG information disclosure increasingly prominent. Most existing relevant empirical studies focus on developed economies, leaving a clear gap in local research evidence from emerging economies. This study carries out an empirical analysis of the impact of ESG information disclosure on corporate investment efficiency, and clarifies the transmission pathway of effects between the two factors. The core conclusions drawn from this study not only fill the gap in this research field, but also provide credible local empirical evidence from emerging markets to support subsequent similar academic research.
🔗 Provenance — このレコードを発見したソース
- crossref https://doi.org/10.59890/ijist.v4i6.15first seen 2026-07-04 05:23:01
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gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。