Analisis Pengaruh Faktor Environmental, Social, And Governance Terhadap Foreign Direct Investment di Negara ASEAN

Puput Rosita Febrianti, Sonny Harry Budiutomo Harmadi, Muhammad Ubaidillah Al-Mustofa

Abstract


Paradigma pembangunan berkualitas menjadi langkah prioritas dan fokus global saat ini untuk mencapai Sustainable Development Goals (SDGs). Akan tetapi, banyak negara masih terjebak dalam pola pembangunan semu yang berakibat deforestasi, polusi udara, dan penurunan kualitas air. Di sisi lain, Foreign Direct Investment (FDI) sebagai salah satu sumber pendanaan negara mengalami pergeseran tren menjadi investasi berkelanjutan yang mempertimbangkan aspek Environmental, Social, and Governance (ESG). Penelitian ini bertujuan menganalisis faktor-faktor ESG yang berpengaruh terhadap FDI. Metode yang digunakan adalah pendekatan kuantitatif dengan teknik analisis regresi data panel. Sampel penelitian ini sebanyak 10 negara ASEAN dari tahun 2010 hingga 2021. Hasil analisis menunjukkan bahwa variabel Environmental (E), Social (S), and Governance (G) menunjukkan pengaruh negatif signifikan terhadap FDI. Penelitian ini memberi rekomendasi pada pemerintah untuk merumuskan strategi investasi yang mendorong implementasi ESG dalam mempromosikan pembangunan berkualitas dan berkelanjutan di ASEAN.


Keywords


Environmental Social Governance; Foreign Direct Investment; ASEAN; Regresi Panel;

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References


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DOI: http://dx.doi.org/10.12962/j29649714.v2i1.22246

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