Title Sustainable business development and its effect on company’s share price in nasdaq baltic stock exchange /
Translation of Title Tvari verslo plėtra ir jos poveikis įmonės akcijų kainai Nasdaq Baltic vertybinių popierių biržoje.
Authors Staselytė, Nida Aušrinė
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Pages 107
Keywords [eng] sustainable business development, sustainability framework, sustainable business model, stock exchange, share price, Nasdaq Baltic.
Abstract [eng] VILNIUS UNIVERSITY BUSINESS SCHOOL SUSTAINABLE CORPORATE FINANCE AND INVESTMENTS PROGRAME STUDENT NIDA AUŠRINĖ STASELYTĖ SUSTAINABLE BUSINESS DEVELOPMENT AND ITS EFFECT ON COMPANY’S SHARE PRICE IN NASDAQ BALTIC STOCK EXCHANGE Supervisor – Prof. Dr. Tadas Gudaitis Master thesis written – 2023 y., Vilnius Total number of pages – 77 p. Total number of tables – 6. Total number of figures – 21. Total number of references – 156. Sustainable business development encourages improvement in technology and the pursuit of innovative solutions for social, ecological and economic environments. It is essential for a company’s growth and profitability to align with sustainable practices, contributing to sustainable environment and resourceful business activities. Thesis main aim through the analysis of scientific literature to develop the Sustainable Business Development Scoring model and utilize this model to assess if sustainable business development has an effect on stock prices of listed companies in Nasdaq Baltic stock exchange market. To fulfil thesis main aim the following main objectives established (i) Analyse scientific and regulatory literature about sustainable business development its theory, framework and transformation, (ii) Develop model which evaluates sustainable business development of a company and (iii) Evaluate sustainable business development and its effect on companies’ share price in Nasdaq Baltic. The research methodology encompasses the creation of a Sustainable Business Development Scoring model and the collection of statistical data by publicly available information and “FactSet” database. The study focused on a sample size comprising nine companies listed on the Nasdaq Baltic stock exchange. Data analysis employed quantitative descriptive statistics, analysis is conducted to explore the relationship between sustainable business development and share prices including other various factors according theory part that has impact on share prices. This analysis is executed using the RStudio package. Research results show that sustainable business development does not have a statistically significant impact on analysed company’s share prices in the Nasdaq Baltic stock exchange. This research result proposes that future studies should incorporate more industry-specific factors in assessing sustainable business development.
Dissertation Institution Vilniaus universitetas.
Type Master thesis
Language English
Publication date 2024