Esg ratings disagreement and stock returns: the Iberian case
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/133366 |
Resumo: | This paper studies the impact of ESG rating disagreement on the Iberian stock market, by studying its relationship with stock returns, trading volume and volatility. It uses ratings from four different providers for 68 Iberian companies, from 01/2007 until 07/2020. The disagreement in the Iberian market was measured and is like other studied geographies. Pooled panel regressions are used to estimate said impact. ESG rating disagreement has a negative relationship with volatility and trading volume while the relationship with stock returns is insignificant. |
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Esg ratings disagreement and stock returns: the Iberian caseStock returnsEsg ratingsDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis paper studies the impact of ESG rating disagreement on the Iberian stock market, by studying its relationship with stock returns, trading volume and volatility. It uses ratings from four different providers for 68 Iberian companies, from 01/2007 until 07/2020. The disagreement in the Iberian market was measured and is like other studied geographies. Pooled panel regressions are used to estimate said impact. ESG rating disagreement has a negative relationship with volatility and trading volume while the relationship with stock returns is insignificant.Rizzo, Antonino EmanueleRUNPedroso, Tiago Cerqueira2021-06-292021-05-212024-05-21T00:00:00Z2021-06-29T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/133366TID:202769755enginfo:eu-repo/semantics/embargoedAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:12:00Zoai:run.unl.pt:10362/133366Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:47:46.747316Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Esg ratings disagreement and stock returns: the Iberian case |
title |
Esg ratings disagreement and stock returns: the Iberian case |
spellingShingle |
Esg ratings disagreement and stock returns: the Iberian case Pedroso, Tiago Cerqueira Stock returns Esg ratings Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Esg ratings disagreement and stock returns: the Iberian case |
title_full |
Esg ratings disagreement and stock returns: the Iberian case |
title_fullStr |
Esg ratings disagreement and stock returns: the Iberian case |
title_full_unstemmed |
Esg ratings disagreement and stock returns: the Iberian case |
title_sort |
Esg ratings disagreement and stock returns: the Iberian case |
author |
Pedroso, Tiago Cerqueira |
author_facet |
Pedroso, Tiago Cerqueira |
author_role |
author |
dc.contributor.none.fl_str_mv |
Rizzo, Antonino Emanuele RUN |
dc.contributor.author.fl_str_mv |
Pedroso, Tiago Cerqueira |
dc.subject.por.fl_str_mv |
Stock returns Esg ratings Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Stock returns Esg ratings Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
This paper studies the impact of ESG rating disagreement on the Iberian stock market, by studying its relationship with stock returns, trading volume and volatility. It uses ratings from four different providers for 68 Iberian companies, from 01/2007 until 07/2020. The disagreement in the Iberian market was measured and is like other studied geographies. Pooled panel regressions are used to estimate said impact. ESG rating disagreement has a negative relationship with volatility and trading volume while the relationship with stock returns is insignificant. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-06-29 2021-05-21 2021-06-29T00:00:00Z 2024-05-21T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/133366 TID:202769755 |
url |
http://hdl.handle.net/10362/133366 |
identifier_str_mv |
TID:202769755 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
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embargoedAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799138080197705728 |