東華大學圖書館 |

語系: 繁體中文

說明(常見問題)

回圖書館首頁

手機版館藏查詢

登入

回首頁

切換: 標籤 | MARC模式 | ISBD

Environmental Sentiment and Stock Pe...

Wang, Xue.

FindBook

Google Book

Amazon

博客來

Environmental Sentiment and Stock Performance in the U.S. Energy Sector.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Environmental Sentiment and Stock Performance in the U.S. Energy Sector./
作者:	Wang, Xue.
出版者:	Ann Arbor : ProQuest Dissertations & Theses, : 2017,
面頁冊數:	53 p.
附註:	Source: Masters Abstracts International, Volume: 57-02.
Contained By:	Masters Abstracts International57-02(E).
標題:	Economics. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10605916
ISBN:	9780355344233

Environmental Sentiment and Stock Performance in the U.S. Energy Sector.
Wang, Xue.

Environmental Sentiment and Stock Performance in the U.S. Energy Sector. - Ann Arbor : ProQuest Dissertations & Theses, 2017 - 53 p.

Source: Masters Abstracts International, Volume: 57-02.

Thesis (M.S.)--Tufts University, 2017.

This thesis studies how energy sector stocks perform under environment- related risks. I constructed the environmental sentiment factor and 7 subgroup environment-related risk factors using Dynamic Factor Model and took the abnormal returns as financial performance measure. The regression results show that during January 2004 to October 2016, all energy company stocks had negative abnormal returns; renewable energy firms had even lower abnormal returns than non-renewables; the abnormal returns of nonrenewable energy firms could be decreased by the increase of environmental concerns and they are more sensitive about public's environmental sentiment and weather conditions than that of renewable energy firms.

ISBN: 9780355344233Subjects--Topical Terms:

517137
Economics.

Environmental Sentiment and Stock Performance in the U.S. Energy Sector.
LDR:02070nmm a2200337 4500 001 2155638
005 20180511093033.5
008 190424s2017 ||||||||||||||||| ||eng d
020 $a 9780355344233
035 $a (MiAaPQ)AAI10605916
035 $a (MiAaPQ)tuftsase:11996
035 $a AAI10605916
040 $a MiAaPQ $c MiAaPQ
100 1 $a Wang, Xue. $3 2059408
245 1 0 $a Environmental Sentiment and Stock Performance in the U.S. Energy Sector.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2017
300 $a 53 p.
500 $a Source: Masters Abstracts International, Volume: 57-02.
500 $a Adviser: Marcelo Bianconi.
502 $a Thesis (M.S.)--Tufts University, 2017.
520 $a This thesis studies how energy sector stocks perform under environment- related risks. I constructed the environmental sentiment factor and 7 subgroup environment-related risk factors using Dynamic Factor Model and took the abnormal returns as financial performance measure. The regression results show that during January 2004 to October 2016, all energy company stocks had negative abnormal returns; renewable energy firms had even lower abnormal returns than non-renewables; the abnormal returns of nonrenewable energy firms could be decreased by the increase of environmental concerns and they are more sensitive about public's environmental sentiment and weather conditions than that of renewable energy firms.
520 $a In conclusion, based on the findings of this thesis, in a world with worse weather conditions and higher public's environmental concerns, investors would sell nonrenewable energy stocks due to the decreasing abnormal returns, causing the cost of equity for nonrenewable energy firms to increase. So fewer nonrenewable energy firms would afford the cost of raising fund in stock market.
590 $a School code: 0234.
650 4 $a Economics. $3 517137
650 4 $a Finance. $3 542899
650 4 $a Environmental economics. $3 535179
650 4 $a Energy. $3 876794
690 $a 0501
690 $a 0508
690 $a 0438
690 $a 0791
710 2 $a Tufts University. $b Economics. $3 1022503
773 0 $t Masters Abstracts International $g 57-02(E).
790 $a 0234
791 $a M.S.
792 $a 2017
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10605916