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This study examines the impact of ownership structure on ESG performance in Indonesian companies, analyzing data from 41 firms between 2018 and 2022. It finds that foreign, government, and institutional ownership positively influence ESG performance, while blockholder ownership negatively affects it due to stakeholder conflicts. The research highlights the importance of optimizing ownership composition to enhance ESG practices and suggests evidence-based regulatory measures for policymakers.

Author

siskan811

Language

EN