Empirical study on ESG investments as value drivers in the European market
Tognaccini, Edoardo (A.A. 2020/2021) Empirical study on ESG investments as value drivers in the European market. Tesi di Laurea in Business valuation, Luiss Guido Carli, relatore Marco Vulpiani, pp. 80. [Master's Degree Thesis]
Full text for this thesis not available from the repository.
Abstract/Index
Literature review. Introduction to value creation. Overview of dependent variables when analyzing value creation. Environmental, social, corporate governance. ESG and cost of capital: theoretical framework. ESG and value creation-market returns. ESG and value creation-cost of equity. ESG and value creation-cost of debt. Contribution to the literature. Data and methodology. Sample. Dependent variables. Explanatory variables. Industry and country level results: market returns. Correlation matrix. Empirical results. Preliminary t-tests: FY 2014. OLS regression-ESG and value creation during 2014. OLS regression-ESG and value creation during 2015. OLS regression-ESG and value creation during 2016. OLS regression-ESG and value creation during 2017. OLS regression-ESG and value creation during 2018.
References
Bibliografia: pp. 73-76.
Thesis Type: | Master's Degree Thesis |
---|---|
Institution: | Luiss Guido Carli |
Degree Program: | Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77) |
Chair: | Business valuation |
Thesis Supervisor: | Vulpiani, Marco |
Thesis Co-Supervisor: | Traficante, Guido |
Academic Year: | 2020/2021 |
Session: | Extraordinary |
Deposited by: | Alessandro Perfetti |
Date Deposited: | 26 Jul 2022 07:52 |
Last Modified: | 26 Jul 2022 07:52 |
URI: | https://tesi.luiss.it/id/eprint/32947 |
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