| Title |
The impact of esg performance on stock price / |
| Translation of Title |
ASV veiksnių įtaka įmonių akcijų kainoms. |
| Authors |
Rakauskaitė, Justina |
| Full Text |
|
| Pages |
94 |
| Keywords [eng] |
ESG, ESG impact on stock prices, ESG scores, sustainability, stock prices, the Baltic region, the Nordic region. |
| Abstract [eng] |
The purpose of this master’s thesis is to research the impact of ESG on stock prices. There is a research gap in ESG impact on stock price in the Baltic and Nordic regions, therefore the purpose of this thesis is to analyze the ESG impact on stock prices in these regions as well as compare the results. The goals of this research are to analyze the origins and development of the term ESG as well as the previous research on ESG and stock prices; create the most suitable quantitative research model, and to analyze ESG impact on stock prices in the Nordic and Baltic regions. The fixed-effects panel (unbalanced) regression analysis results show that ESG impacts stock prices, but the ESG scores are more impactful for the companies that are located in the Nordic region. The research also finds that environmental scores are the most impactful in the Baltic region and social and governance score are more impactful in the Nordic region. The analyzed literature as well as the conducted research shows that ESG scores have an impact on companies’ stock prices and that this data is important to investors. The research has not been published and can only be published with the knowledge and the approval of the author. |
| Dissertation Institution |
Vilniaus universitetas. |
| Type |
Master thesis |
| Language |
English |
| Publication date |
2024 |
