Stock Index Performance of SRIKEHATI 2014: Case Study of ISAT and MEDC

Fanny Septina

Article Details

Stock Index Performance of SRIKEHATI 2014: Case Study of ISAT and MEDC

Authors:

Fanny Septina

Publisher:

KnE Social Sciences

Journal:

KnE Social Sciences Vol.4 Issue 3, pp.242-249

Document Type:

Article

Publication Date:

6/2020

Document Language:

English

Document ID (Org No.):

2001518115

pISSN:

2518-668X

Keywords:

green finance; green investment; SRI-KEHATI index; ISAT; MEDC

Abstract:

 This study analyzes the returns volatility of ISAT and MEDC in context of green investment. These two stocks are member of SRIKEHATI index. SRIKEHATI is an index containing stocks that concern on environment, social and governance. The period of analysis cover 2009-2014 the focus of the study is on three measures of price earning ratio (PER) and fundamental performance indicator, environment activities disclosure in sustainability report was done. Results show that return volatility of ISAT affects return index of SRIKEHATI significantly, but not for MEDC. ISAT has experienced decreasing profit that continued to a loss, inconsistent reporting environment activities in the sustainability report. MEDC has experienced decreasing of profit but did not lead into a loss. MEDC is also consistent in reporting environment-related activities through publishing sustainability reports.

Article Details

Stock Index Performance of SRIKEHATI 2014: Case Study of ISAT and MEDC

Authors: Fanny Septina

Publisher: KnE Social Sciences

Journal: KnE Social Sciences Vol.4 Issue 3, pp.242-249

Document Type: Article

Publication Date: 6/2020

Document Language: English

Document ID (Org No.): 2001518115

pISSN: 2518-668X

green finance; green investment; SRI-KEHATI index; ISAT; MEDC

Issues

Authors:

Fanny Septina

Publisher:

KnE Social Sciences

Journal:

KnE Social Sciences Vol.4 Issue 3, pp.242-249

Document Type:

Article

Publication Date:

6/2020

Document Language:

English

Document ID (Org No.):

2001518115

pISSN:

2518-668X