Powered by OpenAIRE graph
Found an issue? Give us feedback
addClaim

This Research product is the result of merged Research products in OpenAIRE.

You have already added 0 works in your ORCID record related to the merged Research product.
addClaim

This Research product is the result of merged Research products in OpenAIRE.

You have already added 0 works in your ORCID record related to the merged Research product.

ESG-betyg, en faktor som påverkat handelsvolymen i svenska börsnoterade bolags aktier under Covid-19?

Authors: Liljevall, Amanda; Martinsson, Malvina;

ESG-betyg, en faktor som påverkat handelsvolymen i svenska börsnoterade bolags aktier under Covid-19?

Abstract

This study examines whether ESG score has affected trading volume in Swedish stocks during the Covid-19 pandemic through a quantitative method. A growing importance for environment and social responsibilities has led to companies and investors embracing a more sustainable behavior, why the impact of ESG score on investors behavior is of interest. The study has been done by conducting two portfolios; one consisting of 10 companies with low ESG score, and one containing 10 companies with high ESG score. These portfolios have been compared through two statistical models to see if there is a significant difference in trading volume between these two portfolios during a specified Covid-19 period, in comparison to a control period. The null hypothesis state that there is no significant difference in trading volume between periods within the portfolios, and the alternative hypothesis state that there is a significant difference in trading volume between periods within portfolios. The result of this study allows us to reject the null hypothesis and therefore confirm a significant difference in the change in trading volume between the portfolio with high ESG score and the portfolio with low ESG score during the Covid-19 pandemic in comparison to the control period. According to the studies result the portfolio containing high ESG score companies is experiencing a significantly lower change in the trading volume (38.24 %) compared to the portfolio containing low ESG score companies (114.00 %) when we go from the control period to the Covid-19 period Denna studie undersöker huruvida ESG-betyg har haft en effekt på handelsvolymen inom svenska bolags aktier, under Covid-19. En växande betydelse för miljömässiga och sociala aspekter har lett till att företag och investerare i större utsträckning förespråkar ett hållbart förhållningssätt. Detta leder vidare till att mått som värderar företags prestation inom dessa aspekter blivit av intresse. Ett sådant mått är ESG-betyg och i denna studie undersöks huruvida detta betyg haft en effekt hos investerare och i förläggningen handelsvolymen under en volatil marknadssituation, Covid-19. Studien är gjord genom en kvantitativ metod där vi konstruerat två portföljer, en innehållande 10 bolag med låga ESG-betyg och en innehållande bolag med höga ESG-betyg. Dessa portföljers handelsvolymer har sedan blivit jämförda genom två statistiska modeller för att undersöka om det finns en signifikant skillnad i handelsvolymen mellan dessa två portföljer under en specificerad Covid-19 period, relativt en kontrollperiod. Studiens nollhypotes påstår att det inte är signifikant skillnad i handelsvolymen mellan perioderna inom portföljerna, medan den alternativa hypotesen påstår att det är signifikant skillnad. Resultatet av studien tillåter oss att förkasta nollhypotesen och bekräftar därmed att det finns en signifikant skillnad i förändringen i handelsvolymen mellan portföljen med höga ESG-betyg (38.24 %) relativt portföljen med låga ESG-betyg (114.00 %) när vi går från studiens kontrollperiod till dess specificerade Covid-19 period

Country
Sweden
Related Organizations
Keywords

ESG, handelsvolym, corporate sustainability, Covid-19

  • BIP!
    Impact byBIP!
    citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
  • citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
    Powered byBIP!BIP!
Powered by OpenAIRE graph
Found an issue? Give us feedback
citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
moresidebar

Do the share buttons not appear? Please make sure, any blocking addon is disabled, and then reload the page.