| dc.description.abstract | This thesis investigates the performance of companies ranked on Glassdoor´s UK Best Places to Work list from 2017 to 2022, with a particular focus on the impact of the Covid-19 pandemic.
By analysing this recent period, we aim to capture current market developments and trends.
Incorporating a dummy variable for the post-Covid era, our regression analysis assesses the
influence of the pandemic on stock returns and evaluates the changing landscape of employee
well-being and work practices. To ensure the robustness of our findings, we compare the
performance of the BPTW portfolio against a control group drawn from the S&P 500. Control
variables such as company size, sector classification, and age are considered to isolate the
specific impact of being recognized as a BPTW company on financial performance. Through
our research, we aim to contribute to the literature by shedding light on the relationship between
BPTW companies, stock returns, and the evolving dynamics of the workplace in the context of
the Covid-19 pandemic. The main research question addressed is; Do stocks from the BPTW
portfolio perform better than a market benchmark post-Covid? By examining the returns of
different portfolios, we aim to uncover the significance of the BPTW portfolio during the
pandemic. We find that overall, these results demonstrate that being listed on the Best Places
to Work (BPTW) has a significant positive impact on daily returns. | en_US |
