Esg ratings disagreement and stock returns: the Iberian case

Detalhes bibliográficos
Autor(a) principal: Pedroso, Tiago Cerqueira
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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spelling 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
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/133366
TID:202769755
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identifier_str_mv TID:202769755
dc.language.iso.fl_str_mv eng
language eng
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