Sustainability and Investment Efficiency: A Study of The Effect of ESG Score on Investment Efficiency in the Biotechnological Industry
(2022) BUSN79 20221Department of Business Administration
- Abstract
- The purpose of this study is to investigate whether sustainability action can increase investment efficiency in relatively difficult industries. The study is conducted quantitatively. The ESG Score and the financial data are taken from Revinitiv (Popularly known as Thomson Reuters). The financial data are combined and calculated to make the control variables and investment efficiency. And the study requires OLS regression. This Study uses 238 biotechnological companies from 8 countries from 2011 to 2020. the conclusion of the study is, that within the biotechnological industry, ESG has a positive significant effect on investment efficiency. within the three pillars, the Governance and Social pillar are proven negatively impact investment... (More)
- The purpose of this study is to investigate whether sustainability action can increase investment efficiency in relatively difficult industries. The study is conducted quantitatively. The ESG Score and the financial data are taken from Revinitiv (Popularly known as Thomson Reuters). The financial data are combined and calculated to make the control variables and investment efficiency. And the study requires OLS regression. This Study uses 238 biotechnological companies from 8 countries from 2011 to 2020. the conclusion of the study is, that within the biotechnological industry, ESG has a positive significant effect on investment efficiency. within the three pillars, the Governance and Social pillar are proven negatively impact investment inefficiency, while the environmental pillar does not show any significant (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9095973
- author
- Maulana Akbar, Adhi LU and Salad, Zakariye LU
- supervisor
- organization
- alternative title
- The Effect of ESG Score on Investment Efficiency in the Biotechnological Industry
- course
- BUSN79 20221
- year
- 2022
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Investment Efficiency, ESG, Sustainability, Stakeholder Theory, Biotechnology
- language
- English
- id
- 9095973
- date added to LUP
- 2022-10-10 16:43:23
- date last changed
- 2022-10-10 16:43:23
@misc{9095973, abstract = {{The purpose of this study is to investigate whether sustainability action can increase investment efficiency in relatively difficult industries. The study is conducted quantitatively. The ESG Score and the financial data are taken from Revinitiv (Popularly known as Thomson Reuters). The financial data are combined and calculated to make the control variables and investment efficiency. And the study requires OLS regression. This Study uses 238 biotechnological companies from 8 countries from 2011 to 2020. the conclusion of the study is, that within the biotechnological industry, ESG has a positive significant effect on investment efficiency. within the three pillars, the Governance and Social pillar are proven negatively impact investment inefficiency, while the environmental pillar does not show any significant}}, author = {{Maulana Akbar, Adhi and Salad, Zakariye}}, language = {{eng}}, note = {{Student Paper}}, title = {{Sustainability and Investment Efficiency: A Study of The Effect of ESG Score on Investment Efficiency in the Biotechnological Industry}}, year = {{2022}}, }