• 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.

Does ESG rating affect sin stock performance? Evidence from sin stocks in US markets

Tala, Mats; Odden, Marcus Ødegaard
Master thesis
Thumbnail
View/Open
2641602.pdf (2.088Mb)
regressions.xlsx (2.079Mb)
URI
https://hdl.handle.net/11250/2687849
Date
2020
Metadata
Show full item record
Collections
  • Master of Science [963]
Abstract
Sin stocks and ESG are two sides of a story that has received extensive attention

separately, but not many researchers have looked at the possibility to connect the

two. Previous research show puzzling evidence about a sin stock anomaly that has

been known for years, and positive CFP associated with CSP. Our research will

step into the research area where we look at both ESG and sin stocks connected.

This thesis will investigate the relationship between ESG-scores and sin stocks, by

looking at publicly traded companies in the US During 2002-2019.

In this paper we will present new evidence on how sin stocks outperform the rest

of the stock market. Previous research papers have proven the abnormal return to

be true, but not accounted for the ESG Scores. When using ESG Scores as a

criterion to form our various sin stock portfolios, we found that sin stocks with a

bad ESG Score, or with no ESG Score, outperformed sin stocks with a good ESG

Score.
Description
Masteroppgave(MSc) in Master of Science in Business, 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