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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