Publicação
An investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industry
| Resumo: | This thesis analyzes the impact of ESG performance on stock returns in capital markets. Da tasets of globally listed companies in the automotive, chemical, apparel manufacturer and re tailer, and utility industries are considered. Portfolios with the best (worst) ranked companies in terms of ESG are constructed. The results of four multiple regression models show no sig nificant results for portfolios composed of the best ESG companies in any of the considered industries. Portfolios consisting of the lowest-rated chemical and apparel manufacturer and re tailer companies generate significantly positive abnormal returns, while the automotive and utility portfolios show no significant results. |
|---|---|
| Autores principais: | Spaeth, Hannah |
| Assunto: | Esg Sustainable finance Investment approach Stock returns Utility industry |
| Ano: | 2023 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório Institucional da UNL |
| _version_ | 1868414001137844224 |
|---|---|
| author | Spaeth, Hannah |
| author_facet | Spaeth, Hannah |
| author_role | author |
| contributor_name_str_mv | Leite, António Nogueira RUN |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Spaeth, Hannah\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | Leite, António Nogueira RUN |
| datacite.creators.creator.creatorName.fl_str_mv | Spaeth, Hannah |
| datacite.date.Accepted.fl_str_mv | 2023-01-18T00:00:00Z |
| datacite.date.available.fl_str_mv | 2023-09-22T09:53:01Z |
| datacite.date.embargoed.fl_str_mv | 2023-09-22T09:53:01Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | Esg Sustainable finance Investment approach Stock returns Utility industry |
| datacite.titles.title.fl_str_mv | An investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industry |
| dc.contributor.none.fl_str_mv | Leite, António Nogueira RUN |
| dc.creator.none.fl_str_mv | Spaeth, Hannah |
| dc.date.Accepted.fl_str_mv | 2023-01-18T00:00:00Z |
| dc.date.available.fl_str_mv | 2023-09-22T09:53:01Z |
| dc.date.embargoed.fl_str_mv | 2023-09-22T09:53:01Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10362/158105 |
| dc.language.none.fl_str_mv | eng |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | Esg Sustainable finance Investment approach Stock returns Utility industry |
| dc.title.fl_str_mv | An investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industry |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_bdcc |
| description | This thesis analyzes the impact of ESG performance on stock returns in capital markets. Da tasets of globally listed companies in the automotive, chemical, apparel manufacturer and re tailer, and utility industries are considered. Portfolios with the best (worst) ranked companies in terms of ESG are constructed. The results of four multiple regression models show no sig nificant results for portfolios composed of the best ESG companies in any of the considered industries. Portfolios consisting of the lowest-rated chemical and apparel manufacturer and re tailer companies generate significantly positive abnormal returns, while the automotive and utility portfolios show no significant results. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | masterThesis |
| fulltext.url.fl_str_mv | https://run.unl.pt/bitstreams/417120d2-509b-4739-9018-ddb4ee56f969/download |
| id | run_fbde21fffa63fa7b27da0d95cd98b0a2 |
| identifier.url.fl_str_mv | http://hdl.handle.net/10362/158105 |
| instacron_str | unl |
| institution | Universidade Nova de Lisboa |
| instname_str | Universidade Nova de Lisboa |
| language | eng |
| network_acronym_str | run |
| network_name_str | Repositório Institucional da UNL |
| oai_identifier_str | oai:run.unl.pt:10362/158105 |
| organization_str_mv | urn:organizationAcronym:unl |
| person_str_mv | Spaeth, Hannah |
| publishDate | 2023 |
| reponame_str | Repositório Institucional da UNL |
| repository_id_str | urn:repositoryAcronym:run |
| service_str_mv | urn:repositoryAcronym:run |
| spelling | engpt_PTThis thesis analyzes the impact of ESG performance on stock returns in capital markets. Da tasets of globally listed companies in the automotive, chemical, apparel manufacturer and re tailer, and utility industries are considered. Portfolios with the best (worst) ranked companies in terms of ESG are constructed. The results of four multiple regression models show no sig nificant results for portfolios composed of the best ESG companies in any of the considered industries. Portfolios consisting of the lowest-rated chemical and apparel manufacturer and re tailer companies generate significantly positive abnormal returns, while the automotive and utility portfolios show no significant results.application/pdfpt_PTAn investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industrySpaeth, HannahLeite, António NogueiraHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptURNurn:tid:2033144762023-09-22T09:53:01Z2023-01-182022-12-162023-01-18T00:00:00ZHandlehttp://hdl.handle.net/10362/158105http://purl.org/coar/access_right/c_abf2open accessEsgSustainable financeInvestment approachStock returnsUtility industry1833343 bytesliteraturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/417120d2-509b-4739-9018-ddb4ee56f969/download |
| spellingShingle | An investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industry Spaeth, Hannah Esg Sustainable finance Investment approach Stock returns Utility industry |
| status | SINGLETON |
| subject.fl_str_mv | Esg Sustainable finance Investment approach Stock returns Utility industry |
| title | An investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industry |
| title_full | An investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industry |
| title_fullStr | An investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industry |
| title_full_unstemmed | An investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industry |
| title_short | An investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industry |
| title_sort | An investors perspective: can an esg aware investor achieve abnormal returns on the stock market? - the case of the utility industry |
| topic | Esg Sustainable finance Investment approach Stock returns Utility industry |
| topic_facet | Esg Sustainable finance Investment approach Stock returns Utility industry |
| url | http://hdl.handle.net/10362/158105 |
| visible | 1 |