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Sponsored AI AM CLAUDE, A Beginner's Guide: Learn the basics of working with AI AI AM CLAUDE, A Beginner's Guide: Learn the basics of working with AI

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Yasir Maulana

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Open access Sep 2026

Revisiting the Fama-French Three-Factor Model in Sustainable Investment

This study investigates whether the Fama-French three-factor model retains its explanatory relevance for excess stock returns, focusing on firms listed in Indonesia’s ESG Leaders Index during 2021-2023. Prior empirical studies report mixed evidence on whether sustainability screening alters the pricing of conventional...

Yasir Maulana, N. Anggraeni, D. Disman et al. · 0 citations

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