Blar i Master of Science på emneord "sustainable finance"
Viser treff 1-20 av 23
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American cash - ESG and cash holdings in S&P 1500 firms
(Master thesis, 2023)We study the relationship between ESG and cash holdings in US S&P 1500 firms. We find that the marginal market value of cash holdings and the impact of ESG varies based on investors’ expectations and the context in which ... -
Analysis of house price dynamics using the price-to-rent ratio: evidence from the Oslo housing market
(Master thesis, 2023)Housing prices in Oslo have risen significantly in recent decades, approaching historic levels. Specifically, in the last ten years, house prices in Oslo have experienced a remarkable appreciation of 90%, surpassing the ... -
The Cost of Inaction in Shipping: The Case of the European Union's Emissions Trading System and the Energy Taxation Directive
(Master thesis, 2023)This thesis examines the cost implications of sustainability inaction within the shipping industry. By employing a discounted cash flow approach and forecasting until 2050,we assess the influence of the European Union’s ... -
Development of electricity price hedging with futures
(Master thesis, 2023)Given the recent volatility of electricity prices, this thesis aims to determine if the findings on electricity price hedging using futures are consistent with previous research. This paper will study the effectiveness ... -
ESG Rating Disagreement and Firm Performance
(Master thesis, 2023)The increasing focus on environmental, social, and governance (ESG) matters has led to the emergence of numerous ESG rating agencies that evaluate and rank companies based on their ESG performance. As a result, we now ... -
ESG Ratings and the European Stock Market
(Master thesis, 2023)In recent years, there has been a remarkable surge in stakeholders’ interest in the socially and ethically responsible conduct exhibited by companies. This has prompted numerous companies to integrate Environmental, ... -
ESG Scores and Equity Value: A Study of ESG Premium in the Nordic markets
(Master thesis, 2023)This study explores the relationship between ESG scores and P/B ratios for Nordiclisted companies. We find indications of differences in average P/B and ESG scores. To explore if ESG drives P/B differences, we develop a ... -
ESG Scores and Secondary Equity Offerings: A Case of Secondary Equity Offering in the US
(Master thesis, 2023)The relationship between environmental, social, and governance (ESG) scores and secondary equity offerings (SEO) has received limited attention in the literature. This thesis explores this topic using a sample of US-listed ... -
ESG Uncertainty and Stock Returns in Europe
(Master thesis, 2023)In this paper we analyze whether ESG uncertainty can predict stock returns by studying the 3000 largest common stocks within Europe. We observe a tendency of predictability between ESG uncertainty in the aggregated ESG ... -
Exploring Renewable Energy Adoption in the OECD: An Observational Panel Data Analysis of the Energy Mix Dynamics
(Master thesis, 2023)This thesis aims to develop understanding of the determinants of the energy transition by employing panel data analysis of 37 OECD countries over the time period 1990 to 2020. To control for unobserved heterogeneity, ... -
Exploring the relationship between ESG-scores and company performance: Insights from the Covid-19 pandemic
(Master thesis, 2023)This thesis explores the relationship between Environmental, Social, and Governance (ESG) scores and company performance within the S&P 500 and STOXX 600 indexes during the Covid-19 pandemic. We investigated ESG scores and ... -
The Impact of State Ownership and Regulatory Changes on ESG Performance
(Master thesis, 2023)In this study, we explore the dynamic relationship between state ownership and ESG performance in Chinese firms, focusing on the impact of the 2018 Corporate Governance Code and the different ESG Category scores. Our ... -
Investing in a greener tomorrow: Unveiling the potential of green and transition bonds in environmental goal realization
(Master thesis, 2023)In this study I look into the relationship between green and transition bonds and their impact on achieving the climate change mitigation targets of their issuers. I determine whether purchasing green bonds is a better way ... -
Investor Preferences and the Impact of SFDR Implementation: A Study of Mutual Fund Flow and Sustainable Objectives
(Master thesis, 2023)This paper examines whether the implementation of the SFDR required labeling of mutual funds as brown, green and dark green affects flows into the different funds. We investigate flows into 673 EU mutual fund from November ... -
Is it all about the money? The driuers behind the recent Indian electric vehicle success story
(Master thesis, 2023)We show that the recent Indian electric vehicle success story has been largely driven by the available amount of liquid deposits. While we observe that the relationship between liquid deposits and the share of electric ... -
Is it all about the money? The drivers behind the recent Indian electric vehicle success story
(Master thesis, 2023)We show that the recent Indian electric vehicle success story has been largely driven by the available amount of liquid deposits. While we observe that the relationship between liquid deposits and the share of electric ... -
lmproving the EU SFDR Paris-Aligned Benchmark for Net-Zero portfolio construction
(Master thesis, 2023)In this paper, we show that without the analysis of firm-specific emission reduction behaviour, asset managers run the risk of long-term underperformance due to exposure to climate-related risk. We do this by applying and ... -
Looking at the European market: Does the greenium exist? And if so, do it apply uniformly across different industries?
(Master thesis, 2023)The green bond market has emerged as a significant funding source to address the challenges posed by climate change. Researchers have identified a phenomenon known as the "green premium" or "greenium". Green bonds trade ... -
Mandatory Carbon Disclosure and its potential impact on firm-level emissions and financial performance
(Master thesis, 2023)We study the impact of mandatory carbon disclosure regulations on the carbon emissions and firm value of Nordic firms. We focus on publicly listed companies in Norway, Sweden, Denmark, and Finland. We find no differential ... -
The Relationship between Board Diversity, ESG, and Financial Performance: A Nordic Study
(Master thesis, 2023)This thesis examines the relationship between diversity on the board of directors and firm performance, as measured by ESG performance and financial performance (ROA and Tobin’s Q). Using four different measures of ...