Profitability of ESG Company Scores in Automotive Industry
Persistent URL
Author(s)
Budnar, Jacob
Date Issued
May 20, 2022
Abstract
The purpose of this study being done is to determine if investing in automobile companies by ESG scoring is profitable. ESG is split up into three categories: environmental, social, and governance. I will be testing ESG as a whole, the three categories, the sub-section of social (employees) and governance (Board), and high and low ESG scores. Regressions will be run to find results if investing with ESG can be profitable. The Y variable will be return on assets (ROA) and the X variable is what’s mentioned above. The results from the regressions were not that promising due to most results not being statistically significant. The statistically significant results were E score in the year 2019, overall G score, overall board, etc. To conclude everything my results weren’t very relatable to the other study and that ESG investing is not that profitable.
Major
Economics
First Reader(s)
Michaelides, Michael
Other Reader(s)
Bianco, Timothy P.
Department
Economics
Type of Publication
Senior Project Paper
File(s)![Thumbnail Image]()
Name
Final COMP.pdf
Description
ESG Final COMP
Size
425.74 KB
Format
Adobe PDF
Checksum (MD5)
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