Articles

Sustainability Status of Alabio Duck Farming in Hulu Sungai Utara Regency, Indonesia

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Alabio Duck (Anas platyrhynchos Borneo) is a germplasm originating from Hulu Sungai Utara Regency, South Kalimantan. Currently, the availability of pure Alabio Ducks is very limited in Hulu Sungai Utara Regency due to various factors that threaten the sustainability of Alabio duck farming. This paper aims to analyse the sustainability status of Alabio duck farming in Hulu Sungai Utara Regency. Multidimensional Scaling (MDS) is used to determine the sustainability status. The result showed that the sustainability status of Alabio duck farming in Hulu Sungai Utara Regency is classified as moderately sustainable. However, the ecological and technological dimensions are classified as less sustainable, the economic and institutional dimensions are classified as moderately sustainable, while only the social dimension is classified as sustainable. Improvements are needed in the conditions of Alabio duck farming to raise its sustainability status in Hulu Sungai Utara Regency.

How Does ESG Score and Board Structure Affect Financial Performance? Evidence from ESG Sector Leaders IDX Kehati

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The rise of sustainable investing, an investing strategy considering ESG (environmental, social, governance) factor of the company has spread worldwide, including in Indonesia. Recent phenomena of minimum percentage of woman on board in state-owned enterprise policy by Indonesia Ministry of State-Owned Enterprise and the new two ESG themed index which consists of state-owned enterprise has intrigued to assess the relationship between board structure towards financial performance of the companies. One of the index is “ESG Sector Leaders IDX KEHATI“ which  comprises of stocks with an ESG performance assessment above their industrial average value. Using ROA and ROE as the dependent variable and ESG and board structure variables and firm size, asset to equity ratio, and firm age as control variables. It is found that ESG has negative non-significant relationship towards both ROA and ROE. Board independence and board gender diversity has positive significant effect towards both ROA and ROE.