The Impact of Climate Finance and Corporate Sustainability on Firm Value in Multinational Companies in Indonesia
インドネシアの多国籍企業における気候ファイナンスと企業の持続可能性が企業価値に与える影響 (AI 翻訳)
L. Judijanto, Edy Arisondha
🤖 gxceed AI 要約
日本語
本研究はインドネシアの多国籍企業を対象に、気候ファイナンスと企業の持続可能性が企業価値に与える影響を検証。SEM-PLS分析の結果、気候ファイナンスと持続可能性は共に企業価値に正の影響を与え、持続可能性が部分的な媒介効果を持つことが示された。新興市場における気候ファイナンスの戦略的重要性を強調。
English
This paper examines the impact of climate finance and corporate sustainability on firm value using data from 125 multinational companies in Indonesia. SEM-PLS analysis reveals that both climate finance and sustainability positively affect firm value, with sustainability partially mediating the relationship. The study contributes empirical 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
インドネシアは日本のサプライチェーン上重要であり、日本企業の現地子会社における気候ファイナンスと持続可能性の連携強化に示唆を与える。ただし、日本の制度（有報・SSBJ）への直接的な関連性は薄い。
In the global GX context
This study adds emerging-market evidence to the global climate finance literature, showing that sustainability practices amplify the value of climate finance. Relevant for multinationals operating in Southeast Asia and for global investors seeking to understand transmission mechanisms.
👥 読者別の含意
🔬研究者:Provides empirical evidence on the mediating role of corporate sustainability in climate finance–firm value relationships in an emerging market.
🏢実務担当者:Highlights the need to integrate climate finance into sustainability strategies to maximize firm value in Indonesian operations.
📄 Abstract（原文）
This study examines the impact of climate finance and corporate sustainability on firm value in multinational companies operating in Indonesia. Using a quantitative approach, data were collected from 125 respondents through a structured questionnaire measured on a Likert scale. The analysis was conducted using Structural Equation Modeling–Partial Least Squares (SEM-PLS 3) to evaluate both direct and indirect relationships among variables. The results indicate that climate finance has a positive and significant effect on firm value, while corporate sustainability demonstrates a stronger positive influence. Furthermore, climate finance significantly affects corporate sustainability, indicating its role as a key driver of sustainability practices. Mediation analysis reveals that corporate sustainability partially mediates the relationship between climate finance and firm value, with a significant indirect effect. These findings suggest that the value of climate finance is maximized when it is effectively translated into sustainability practices. The study contributes to the literature by providing empirical evidence from an emerging market context and highlights the importance of integrating financial and sustainability strategies to enhance firm value. Practical implications emphasize the need for managers and policymakers to strengthen sustainability-oriented financial mechanisms to support long-term corporate performance and environmental responsibility.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.58812/wsis.v4i05.2859first seen 2026-06-04 05:17:56 · last seen 2026-06-16 05:16:35
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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。