"The intent of the Editors of The Indonesian Capital Market Review (p-ISSN: 1979-8997; e-ISSN: 2356-3818) is to discuss, to explore, and to disseminate the latest issues and developments in Empirical Financial Economics (JEL classification: G) particularly those related to financial frictions in the Emerging Markets. The topics covered, but not limited to, capital markets, financial institutions and services, corporate finance, risk modeling and management, market microstructure in financial markets, Islamic finance, behavioral finance, and financial crisis.
ICMR has been indexed in EBSCOhost (since 2013), DOAJ (since 2015), CrossRef (since 2016), and ESCI. This journal also has received "B" Accreditation from The Indonesian Directorate of Higher Education (DIKTI) SK No. 36a/E/KPT/2016, May 23rd, 2016.
Current Issue: Volume 17, Number 2 (2025) July
Articles
Can ESG Reduce Credit Risk? An Empirical Investigation Across ASEAN-5 Markets
Arrafif Pratama Zaini and Maria Ulpah
https://doi.org/10.7454/icmr.v17i2.1218
Personal Bankruptcy: A Bibliometric Analysis and Future Research Directions
AQILAH NADIAH MD SAHIQ, SAIDA FARHANAH SARKAM, PUTRI ALIAH MOHD HIDZIR, NURWAHIDA YAAKUB, SHAFINAR ISMAIL, NURBAITY SABRI, HANIFIYAH YULIATUL HIJRIAH, and HIMMATUL KHOLIDAH
https://doi.org/10.7454/icmr.v17i2.1227
The Impact of Effective Tax Rate and Cash Effective Tax Rate on the Capital Structure
Nguyen Vinh Khuong Dr., Tran Thao Vy, Nguyen Phuong Anh, Pham Thi Anh Hong, Bui Thi Ngoc Trinh, and Cao Phuong Uyen
https://doi.org/10.7454/icmr.v17i2.1187
Underpricing of the Malaysian Initial Public Offerings (IPOs)
Wahidah Shari
https://doi.org/10.7454/icmr.v17i2.1217
Earnings Management in Borsa Istanbul During Seasoned Equity Offerings
Mahmoud Ashour and Asuman Atik
https://doi.org/10.7454/icmr.v17i2.1238










