INVESTMENT DECISION DETERMINATION: ESG, FINANCIAL CONSTRAINTS, AND PROFITABILITY

Desy Nur Pratiwi; Yuwita Ariessa Pravasanti

doi:10.29040/ijebar.v9i4.18861

INVESTMENT DECISION DETERMINATION: ESG, FINANCIAL CONSTRAINTS, AND PROFITABILITY

Authors

Desy Nur Pratiwi ITB AAS Indonesia, Indonesia
Yuwita Ariessa Pravasanti ITB AAS Indonesia, Indonesia

DOI:

https://doi.org/10.29040/ijebar.v9i4.18861

Abstract

The purpose of this research is to examine the role of ESG, financial constraints and profitability on investment decisions. The population used was banking companies listed on the Indonesia Stock Exchange (BEI) for the 2021-2024 period. The sampling method used was purposive sampling, resulting in 19 companies as samples over three periods. This study employed quantitative methods and was categorized as descriptive research with a causal nature. Hypothesis testing employed multiple regression analysis. The results showed that ESG did not increase investor confidence, which ultimately had no effect on investment decisions. Financial constraints and profitability negatively affected investment decisions.

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Published

2025-12-29

How to Cite

Pratiwi, D. N., & Pravasanti, Y. A. (2025). INVESTMENT DECISION DETERMINATION: ESG, FINANCIAL CONSTRAINTS, AND PROFITABILITY. International Journal of Economics, Business and Accounting Research (IJEBAR), 9(4). https://doi.org/10.29040/ijebar.v9i4.18861

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Issue

Vol. 9 No. 4 (2025): IJEBAR, VOL. 09 ISSUE 04, DECEMBER 2025

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Articles

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