We are very grateful to God Almighty for his grace that the 9th Indonesian Finance Association (IFA) International Conference was held successfully on October 11-12, 2023. The 9th IFA International Conference was held virtually, supported by our generous host, the Indonesian Stock Exchange (IDX).

The theme of this conference is “Sustainable Finance and Capital Market: Investing in a Greener Future”. In recent years, there has been a growing recognition that the traditional approach to finance and investment must evolve. The integration of environmental, social, and governance (ESG) factors into decision-making processes has gained momentum, leading to a paradigm shift towards sustainable finance. We hope our conference can uncover some recent issue and challenges in sustainable finance and capital markets. Nevertheless, most importantly, we will also foresee what the future holds for financial markets.

This event will not be a success without the close collaboration between the Indonesian Finance Association and the Self-Regulatory Organization of Indonesia’s Capital Market as the main sponsor.

Finally, we would like to thank all participants and presenters who have been supporting the Indonesian Finance Association conference. We have a total of 80 submitted papers from 5 countries: Indonesia, India, Macao, Spain, and Taiwan. After a process of double-blind review, we hand-picked 66 high-quality articles to be presented at the conference. From these 66 articles, there were 30 articles, from four countries, have agreed to include their full paper in the proceedings.

We sincerely hope that these proceedings will benefit all the participants and readers. We welcome any suggestions and constructive feedback to improve the next IFA conference and proceedings, and we look forward to seeing you again.

IFA 2023