Pricing efficiency in the sustainable economy: an empirical analysis of CleanTech IPOs
De Stefani, Etienne (A.A. 2024/2025) Pricing efficiency in the sustainable economy: an empirical analysis of CleanTech IPOs. Tesi di Laurea in Advanced corporate finance, Luiss Guido Carli, relatore Pierluigi Murro, pp. 93. [Master's Degree Thesis]
Full text for this thesis not available from the repository.
Abstract/Index
Literature review. Theoretical framework of IPO underpricing. The role of underwriter reputation. ESG disclosure and financial performance. The “greenium” phenomenon. Cross-listing and market choice (US vs EU). Data and methodology. Sample selection and data sources. Definition of variables. Descriptive statistics. The econometric model. Empirical results. Overall model performance and baseline analysis. Testing hypothesis 1: the impact of ESG signaling. Testing hypothesis 2: the underwriter reputation puzzle. Testing hypothesis 3: the transatlantic divide. Robustness checks and sensitivity analysis. The ROI of transparency: ESG as a valuation driver. The transatlantic dilemma: liquidity vs. Stability. The intermediary paradox: hype over certification? Policy implications: strengthening the European green market.
References
Bibliografia e sitografia: pp. 88-90.
| 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: | Advanced corporate finance |
| Thesis Supervisor: | Murro, Pierluigi |
| Thesis Co-Supervisor: | Core, Fabrizio |
| Academic Year: | 2024/2025 |
| Session: | Extraordinary |
| Deposited by: | Alessandro Perfetti |
| Date Deposited: | 16 Sep 2026 12:54 |
| Last Modified: | 16 Sep 2026 12:54 |
| URI: | https://tesi.luiss.it/id/eprint/46822 |
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