The Role of Carbon Risk, Climate Change Exposure and Good Corporate Governance in The Cost of Capital
資本コストにおける炭素リスク、気候変動エクスポージャー、および良好なコーポレートガバナンスの役割 (AI 翻訳)
Nurnaningsih Utiarahman, Fahrudin Zain Olilingo, Raflin Hinelo, Robiyati Podungge
🤖 gxceed AI 要約
日本語
インドネシア証券取引所（IDX）上場の製造企業を対象に、炭素リスク、気候変動エクスポージャー、コーポレートガバナンスが資本コストに与える影響を検証。100の観測データを重回帰分析し、各要因が資本コストに部分的な影響を与えることを確認。規制当局、経営者、投資家への実務的示唆を提供。
English
This study examines the impact of carbon risk, climate change exposure, and corporate governance on the cost of capital for manufacturing firms listed on the Indonesia Stock Exchange (IDX). Using 100 observations and multiple regression analysis, it finds that each factor partially affects the cost of capital. Provides practical implications for regulators, managers, and investors.
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
日本ではSSBJ開示が進む中、炭素リスクが資本コストに与える影響の実証は投資家対応に有用。ただしインドネシア市場のデータであり、日本企業への直接適用には注意が必要。
In the global GX context
Contributes to the growing literature on climate risk and cost of capital, relevant to global disclosure frameworks like TCFD and ISSB. Provides evidence from an emerging market, adding diversity to the mostly developed-market studies.
👥 読者別の含意
🔬研究者:Provides empirical evidence on carbon risk and cost of capital in an emerging market context.
🏢実務担当者:Highlights the importance of managing carbon risk and governance to potentially lower financing costs.
🏛政策担当者:Suggests that climate-related disclosure and governance standards can influence capital allocation.
📄 Abstract（原文）
This study examines the influence of carbon risk, climate change exposure, and good corporate governance on the cost of capital in manufacturing companies that go public on the IDX. This study uses a quantitative research approach using secondary data obtained from manufacturing companies that go public on the IDX. The sample consists of 100 observations of manufacturing companies that go public on the IDX, which were selected through purposive sampling. Data analysis was carried out using SPSS"26. Analysis techniques include descriptive statistics, classical assumption tests, multiple linear regression analysis, t-tests, F tests, and hypothesis testing. Partial results show that carbon risk, climate change exposure, and good corporate governance have a partial effect on the cost of capital in manufacturing companies that go public on the IDX. At the same time, carbon risk, climate change exposure, and good corporate governance affect the cost of capital in manufacturing companies that go public on the IDX. The study contributes to the accounting literature and provides practical implications for regulators, managers and investors
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://ejournal.aibpmjournals.com/index.php/JICP/article/download/4730/3236first seen 2026-08-01 06:37:36 · last seen 2026-08-02 06:29:26
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