Publicação
The relative performance of ESG stocks during economic downturns: a comparativestudy of Europe and the United States
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | |
| dc.contributor.advisor | Ottonello, Giorgio | |
| dc.contributor.author | Esposito, Andrea | |
| dc.date.accessioned | 2026-03-05T14:43:57Z | |
| dc.date.available | 2026-03-05T14:43:57Z | |
| dc.date.issued | 2025-01-24 | |
| dc.date.submitted | 2025-01-24 | |
| dc.description.abstract | As ESG considerations increasingly influence investors, the market for sustainable investments has expanded dramatically. There is conflicting evidence in the literature about how resilient ESG indices are, especially in recessionary times. This study compares ESG indices with Broad Index benchmarks in the U.S. and Europe using absolute and relative performance measures while accounting for macroeconomic factors. Results indicate that while ESG indices in Europe demonstrate greater resilience, closing performance gaps in challenging circumstances, they consistently underperform in the United States but show modest improvements during crises. For investors taking ESG factors into account, these findings provide insightful information. | eng |
| dc.identifier.tid | 204130930 | |
| dc.identifier.uri | http://hdl.handle.net/10362/201004 | |
| dc.language.iso | eng | |
| dc.relation | UID/ECO/00124/2013 | |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | |
| dc.subject | ESG | |
| dc.subject | Performance analysis | |
| dc.subject | Europe | |
| dc.subject | United States | |
| dc.subject | Economic crisis | |
| dc.title | The relative performance of ESG stocks during economic downturns: a comparativestudy of Europe and the United States | eng |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Master’s degree in Finance from the Nova School of Business and Economics |