Exploration of esg growth as a driver behind mergers and acquisitions
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/157178 |
Resumo: | This thesis investigates the association between ESG scores and M&A activity. This is done by evaluating whether low-ESG acquirors target high-ESG firms to enhance their ESG ratings. A sample of 151 M&A deals between 2010 and 2018 is used for which ESG data for targets and acquirors, as well as post-acquisition scores, are available. Through utilizing quantitative analyses and ESG scores as key measures, the study concludes that the acquirors’ ESG scores do not increase within one year post-deal-announcement but suggests that acquirors target firms with higher ESG scores than their own. |
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7160 |
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Exploration of esg growth as a driver behind mergers and acquisitionsCorporate financeMergers and acquisitionsEsg (environment)Social and governance)Csr (corporate social responsibility)Corporate governanceDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis thesis investigates the association between ESG scores and M&A activity. This is done by evaluating whether low-ESG acquirors target high-ESG firms to enhance their ESG ratings. A sample of 151 M&A deals between 2010 and 2018 is used for which ESG data for targets and acquirors, as well as post-acquisition scores, are available. Through utilizing quantitative analyses and ESG scores as key measures, the study concludes that the acquirors’ ESG scores do not increase within one year post-deal-announcement but suggests that acquirors target firms with higher ESG scores than their own.Desai, PranavRUNPflegpeter, Lisa2023-09-01T15:09:02Z2023-01-172022-11-152023-01-17T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/157178TID:203313410enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:39:28Zoai:run.unl.pt:10362/157178Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:56:36.308340Repositório 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 |
Exploration of esg growth as a driver behind mergers and acquisitions |
title |
Exploration of esg growth as a driver behind mergers and acquisitions |
spellingShingle |
Exploration of esg growth as a driver behind mergers and acquisitions Pflegpeter, Lisa Corporate finance Mergers and acquisitions Esg (environment) Social and governance) Csr (corporate social responsibility) Corporate governance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Exploration of esg growth as a driver behind mergers and acquisitions |
title_full |
Exploration of esg growth as a driver behind mergers and acquisitions |
title_fullStr |
Exploration of esg growth as a driver behind mergers and acquisitions |
title_full_unstemmed |
Exploration of esg growth as a driver behind mergers and acquisitions |
title_sort |
Exploration of esg growth as a driver behind mergers and acquisitions |
author |
Pflegpeter, Lisa |
author_facet |
Pflegpeter, Lisa |
author_role |
author |
dc.contributor.none.fl_str_mv |
Desai, Pranav RUN |
dc.contributor.author.fl_str_mv |
Pflegpeter, Lisa |
dc.subject.por.fl_str_mv |
Corporate finance Mergers and acquisitions Esg (environment) Social and governance) Csr (corporate social responsibility) Corporate governance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Corporate finance Mergers and acquisitions Esg (environment) Social and governance) Csr (corporate social responsibility) Corporate governance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
This thesis investigates the association between ESG scores and M&A activity. This is done by evaluating whether low-ESG acquirors target high-ESG firms to enhance their ESG ratings. A sample of 151 M&A deals between 2010 and 2018 is used for which ESG data for targets and acquirors, as well as post-acquisition scores, are available. Through utilizing quantitative analyses and ESG scores as key measures, the study concludes that the acquirors’ ESG scores do not increase within one year post-deal-announcement but suggests that acquirors target firms with higher ESG scores than their own. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-11-15 2023-09-01T15:09:02Z 2023-01-17 2023-01-17T00:00:00Z |
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/10362/157178 TID:203313410 |
url |
http://hdl.handle.net/10362/157178 |
identifier_str_mv |
TID:203313410 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799138150846562304 |