• norsk
    • English
  • norsk 
    • norsk
    • English
  • Logg inn
Vis innførsel 
  •   Hjem
  • Handelshøyskolen BI
  • Student papers
  • Master of Science
  • Vis innførsel
  •   Hjem
  • Handelshøyskolen BI
  • Student papers
  • Master of Science
  • Vis innførsel
JavaScript is disabled for your browser. Some features of this site may not work without it.

Risk-return relationship of the renewable energy industry

Dirdal, Tonje Helland; Gjone, Kristin
Master thesis
Thumbnail
Åpne
1713647.pdf (5.378Mb)
Preliminary Thesis.pdf (136.6Kb)
Permanent lenke
http://hdl.handle.net/11250/2484386
Utgivelsesdato
2017
Metadata
Vis full innførsel
Samlinger
  • Master of Science [1117]
Sammendrag
This paper examines the risk-return relationship of the renewable energy industry

by estimating the systematic risk and its determining factors. Using a variable beta

model, we find that the systematic risk has decreased compared to previous

research. However, an estimated beta of approximately 1.5 is still high given the

low stock returns realized over the past decade. The empirical results of our

restricted model show that return on assets increases the systematic risk, while

growth opportunities have the opposite impact. Furthermore, we use our findings

to address the overall question of whether the recent development of renewable

investments is driven by profitability or sustainable investments. Although the

industry is becoming more cost-competitive, it seems that sustainable investments

and climate change policies also play an important role.
Beskrivelse
Masteroppgave(MSc) in Master of Science in Finance - Handelshøyskolen BI, 2017
Utgiver
BI Norwegian Business School

Kontakt oss | Gi tilbakemelding

Personvernerklæring
DSpace software copyright © 2002-2019  DuraSpace

Levert av  Unit
 

 

Bla i

Hele arkivetDelarkiv og samlingerUtgivelsesdatoForfattereTitlerEmneordDokumenttyperTidsskrifterDenne samlingenUtgivelsesdatoForfattereTitlerEmneordDokumenttyperTidsskrifter

Min side

Logg inn

Statistikk

Besøksstatistikk

Kontakt oss | Gi tilbakemelding

Personvernerklæring
DSpace software copyright © 2002-2019  DuraSpace

Levert av  Unit