Performance Differences between ESG Indices and Conventional Market Indices: a Multivariate Analysis of Indices
نویسندگان
چکیده
Abstract This paper aims to identify performance differences between conventional European equity indices and ESG indices. Conventional are tools both institutional retail investors use understand the overall state of market, as well a benchmark for comparing investment decisions. or sustainability different from market can provide information about firm’s performance, they new constantly developing stock taking into account environmental, social, governance considerations. The were analysed by multivariate analysis. Since we could collect data country only indices, cluster analysis based on those was performed. following variables analysed: year-to-date price return, annualized 3-year 5-year 10-year return. also compares in most cases, have no significant differences.
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ژورنال
عنوان ژورنال: Zagreb International Review of Economics and Business
سال: 2022
ISSN: ['1849-1162', '1331-5609']
DOI: https://doi.org/10.2478/zireb-2022-0026