The Influence of Environmental, Social and Governance (ESG) on Debt Costs in Companies Energy Sectors Listed on the IDX

Authors

  • Nurul Nurul Universitas Bangka Belitung
  • Ari Agung Nugroho Universitas Bangka Belitung
  • Darman Saputra Universitas Bangka Belitung

DOI:

https://doi.org/10.53363/ijbtob.v6i2.405

Keywords:

environmental, social, governance, cost of debt, BEI

Abstract

This study aims to examine the Effect of Environmental, Social, and Governance (ESG) on the Cost of Debt in Energy Sector Companies Listed on the IDX "The population in this study uses all energy sector companies listed on the Indonesia Stock Exchange. The following is a list of 87 energy sector companies listed on the IDX in 2024. Data analysis in this study uses the panel data regression analysis method with the help of EViews version 13 statistical software. This software was chosen because of its superior capabilities in handling panel data, statistical testing, and interpretation of regression results. The results of the study show that environmental (EVM) and Social (SCL) have a negative and significant effect on the Cost of Debt in energy sector companies listed on the Indonesia Stock Exchange in 2020-2024. Governance (GVN) has a positive and significant effect on the Cost of Debt in energy sector companies listed on the Indonesia Stock Exchange in 2020-2024.

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Submitted

22-05-2026

Accepted

23-05-2026

Published

30-04-2026

How to Cite

Nurul, N., Nugroho, A. A., & Saputra, D. (2026). The Influence of Environmental, Social and Governance (ESG) on Debt Costs in Companies Energy Sectors Listed on the IDX. International Journal of Business, Technology and Organizational Behavior (IJBTOB), 6(2), 121–131. https://doi.org/10.53363/ijbtob.v6i2.405

Issue

Vol. 6 No. 2 (2026): International Journal of Business, Technology, and Organizational Behavior (IJBTOB)

Section

Articles

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Copyright (c) 2026 Nurul, Ari Agung Nugroho, Darman Saputra

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This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

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