The main objective of this thesis is to compare the performance of ESG indices with the performance of conventional equity indices. ESG indices have become increasingly popular as global citizens wake up to the dangers of climate change and social inequality. This thesis reviews the relevant literature and financial theories, analyses a range of performance indicators, and statistical test constructing a model based on Markowitz’s theory that demonstrates the performance of ESG versus traditional indices. The large amount of literature that already exists on this topic demonstrates the importance of these indices. This study adds to that body of literature as well offering a much-needed analysis of the role of ESG investment as, globally, economies struggle to cope with the coronavirus pandemic that emerged at the end of 2019.

The main objective of this thesis is to compare the performance of ESG indices with the performance of conventional equity indices. ESG indices have become increasingly popular as global citizens wake up to the dangers of climate change and social inequality. This thesis reviews the relevant literature and financial theories, analyses a range of performance indicators, and statistical test constructing a model based on Markowitz’s theory that demonstrates the performance of ESG versus traditional indices. The large amount of literature that already exists on this topic demonstrates the importance of these indices. This study adds to that body of literature as well offering a much-needed analysis of the role of ESG investment as, globally, economies struggle to cope with the coronavirus pandemic that emerged at the end of 2019.

A comparative analysis of ESG and traditional equity indices using the Markowitz model

CEKA, MEGI
2021/2022

Abstract

The main objective of this thesis is to compare the performance of ESG indices with the performance of conventional equity indices. ESG indices have become increasingly popular as global citizens wake up to the dangers of climate change and social inequality. This thesis reviews the relevant literature and financial theories, analyses a range of performance indicators, and statistical test constructing a model based on Markowitz’s theory that demonstrates the performance of ESG versus traditional indices. The large amount of literature that already exists on this topic demonstrates the importance of these indices. This study adds to that body of literature as well offering a much-needed analysis of the role of ESG investment as, globally, economies struggle to cope with the coronavirus pandemic that emerged at the end of 2019.
2021
A comparative analysis of ESG and traditional equity indices using the Markowitz model
The main objective of this thesis is to compare the performance of ESG indices with the performance of conventional equity indices. ESG indices have become increasingly popular as global citizens wake up to the dangers of climate change and social inequality. This thesis reviews the relevant literature and financial theories, analyses a range of performance indicators, and statistical test constructing a model based on Markowitz’s theory that demonstrates the performance of ESG versus traditional indices. The large amount of literature that already exists on this topic demonstrates the importance of these indices. This study adds to that body of literature as well offering a much-needed analysis of the role of ESG investment as, globally, economies struggle to cope with the coronavirus pandemic that emerged at the end of 2019.
ESG
Markowitz
equity indices
File in questo prodotto:
File Dimensione Formato  
Ceka_Megi.pdf

accesso riservato

Dimensione 1.29 MB
Formato Adobe PDF
1.29 MB Adobe PDF

The text of this website © Università degli studi di Padova. Full Text are published under a non-exclusive license. Metadata are under a CC0 License

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.12608/39192