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dc.contributor.authorKlöv Nilsson, Ingrid
dc.contributor.authorNygren, Anton
dc.date.accessioned2021-06-29T05:55:17Z
dc.date.available2021-06-29T05:55:17Z
dc.date.issued2021-06-29
dc.identifier.urihttp://hdl.handle.net/2077/68862
dc.description.abstractThis research paper investigates the relationship between the components of the ESG-score and the firm's cost of capital. The study is conducted on the Swedish stock market and includes all Swedish companies listed on the Stockholm stock exchange with a market cap equal or larger than 1 billion euro. The thesis investigates the relationship during the time period 2017-2019. A quantitative method is implemented by running both a random effect regression and a pooled OLS regression in order to determine the effects of the components. The main findings imply that solely the environmental part of the ESG rating has a significant negative effect on the firms’ cost of capital. The effect is significant at a 5% and a 10% significance level. Furthermore, the social component and the governance component of the ESG-rating are not of significance at any significance level. The result contradicts some of the previous findings within the field of research. Furthermore, abbreviation specifications can be found in A.1.sv
dc.language.isoswesv
dc.relation.ispartofseries202106:291sv
dc.relation.ispartofseriesUppsatssv
dc.subjectCost of capitalsv
dc.subjectWeighted average cost of capitalsv
dc.subjectESG-ratingsv
dc.subjectSustainabilitysv
dc.subjectSwedish Stock Marketsv
dc.title"Hållbarhet och Kapitalkostnad" - en studie på den svenska aktiemarknadensv
dc.title.alternative"Sustainability and Cost Of Capital" - a study on the Swedish stockmarketsv
dc.typetext
dc.setspec.uppsokSocialBehaviourLaw
dc.type.uppsokM2
dc.contributor.departmentUniversity of Gothenburg/Department of Economics
dc.contributor.departmentGöteborgs universitet/Institutionen för nationalekonomi med statistik
dc.contributor.departmentUniversity of Gothenburg/Department of Business Administration
dc.contributor.departmentGöteborgs universitet/Företagsekonomiska institutionen
dc.type.degreeStudent essay


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