• norsk
    • English
  • English 
    • norsk
    • English
  • Login
View Item 
  •   Home
  • Handelshøyskolen BI
  • Student papers
  • Master of Science
  • View Item
  •   Home
  • Handelshøyskolen BI
  • Student papers
  • Master of Science
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

MATERIAL AND IMMATERIAL STOCK PERFORMANCES ON HIGH AND LOW INVESTMENTS

Lin, Yuhong; Li, Hao Ying
Master thesis
Thumbnail
View/Open
2602989.pdf (7.037Mb)
Fama_Macbeth_Code.pdf (656.2Kb)
FamaData_ResidualRanking.xlsx (304.6Kb)
MappingESG.xlsx (2.450Mb)
URI
https://hdl.handle.net/11250/2687265
Date
2020
Metadata
Show full item record
Collections
  • Master of Science [963]
Abstract
We study the effect of materiality and immateriality on high and low investments.

Using the SASB mapping, we obtain materiality and immateriality scores for S&P

500 companies by industry sectors. We separate firms into high and low

investment according to their rankings of residuals and conducted Fama-Macbeth

calendar-time regression to verify the performance of including materiality and

immateriality in firm analysis. We obtained that high investments on material

sustainability issues are more value attracting while high investments on

immaterial sustainability issues are value distracting. Furthermore, we also

examined the investment performances on all sustainability issues. The results

signal needs of further enhancing sustainable activities within firms to make it

more value attracting.
Description
Masteroppgave(MSc) in Master of Science in Finance - Handelshøyskolen BI, 2020
Publisher
Handelshøyskolen BI

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit
 

 

Browse

ArchiveCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument TypesJournalsThis CollectionBy Issue DateAuthorsTitlesSubjectsDocument TypesJournals

My Account

Login

Statistics

View Usage Statistics

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit