Does Institutional Ownership Contribute to Decarbonization Strategies? Empirical Studies in Emerging Markets
機関所有権は脱炭素戦略に貢献するか?新興市場における実証研究 (AI 翻訳)
Zayyan Ahmad Nuryaddin, Novrys Suhardianto
🤖 gxceed AI 要約
日本語
本研究は、インドネシアの上場企業182社を対象に、機関所有権とGHG排出量の関係を分析。結果、機関所有権は総排出量およびScope1排出量と有意に負の関連を示すが、Scope2・3では有意でない。機関投資家は直接排出削減に効果的だが、間接排出への影響は限定的であることを示唆。
English
This study examines the relationship between institutional ownership and GHG emissions for 182 Indonesian listed firms (2018-2022). It finds a significant negative association with total and Scope 1 emissions, but not with Scope 2 or 3. Institutional investors are effective in reducing direct emissions but have limited influence on indirect emissions.
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
日本でも機関投資家の気候変動対応が進む中、本論文は新興国での実証を示し、日本企業の海外投資先での排出管理やSSBJ開示におけるスコープ別の課題示唆を与える。
In the global GX context
This paper provides empirical evidence from an emerging market on how institutional ownership influences corporate decarbonization, relevant to global climate finance and disclosure frameworks like ISSB and TCFD. It highlights the differential impact across emission scopes, informing investor engagement strategies.
👥 読者別の含意
🔬研究者:Provides empirical evidence on the differential impact of institutional ownership across emission scopes in an emerging market context.
🏢実務担当者:Offers insights for carbon management strategies and investor relations, particularly on the effectiveness of institutional investors for direct vs. indirect emissions.
🏛政策担当者:Suggests that disclosure policies should differentiate between emission scopes and consider the varying influence of institutional investors.
📄 Abstract(原文)
Purpose: This study aims to examine the relationship between institutional ownership and greenhouse gas (GHG) emissions. Methodology/approach: The research sample consists of 182 companies listed on the Indonesia Stock Exchange (IDX) during the period 2018–2022, with data collected from Bloomberg and Osiris databases. The analysis was conducted using the Ordinary Least Squares (OLS) method with STATA 17 software. Findings: The results indicate that institutional ownership has a negative and significant association on total GHG emissions, particularly on Scope 1 emissions. However, the association of institutional ownership on indirect emissions (Scope 2 and 3) is not statistically significant. Practical and Theoretical contribution/Originality: This study contributes by providing empirical evidence that institutional investors are more effective in reducing direct emissions, while their influence on supply chain and energy consumption-related emissions remains limited. The findings offer valuable insights for companies in enhancing transparency and improving their carbon emission management strategies. Research Limitation: This study is limited to Indonesian firms over a specific period. Future research should include more countries, a longer timeframe, and additional variables like renewable energy policies and government incentives for broader insights.
🔗 Provenance — このレコードを発見したソース
- openaire https://doi.org/10.22219/jrak.v15i4.40571first seen 2026-05-14 21:11:19
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