Publicação
The impact of sustainability efforts on companies' cost of debt: evidence from Europe and the US
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | pt_PT |
| dc.contributor.advisor | Köberle, Alexandre | |
| dc.contributor.author | Gundlach, Max | |
| dc.date.accessioned | 2025-04-02T09:19:30Z | |
| dc.date.available | 2025-04-02T09:19:30Z | |
| dc.date.issued | 2025-01-17 | |
| dc.date.submitted | 2025-01-17 | |
| dc.description.abstract | Adopting sustainable practices and responsible resource use is a pressing challenge involving the global economy, companies, and the financial sector. This study examines whether sustainability affects corporate borrowing costs and the rationale for banks to apply stricter sustainability criteria. Using multiple regressions, it analyzes ESG scores’ influence on borrowing costs in European markets, compares them with the US market, and considers industry-specific and sectoral differ ences. Results show ESG scores generally reduce the cost of debt, though this effect strongly de pends on sector and region. Future research here could focus on regulatory influences and provide deeper, sector-level insights into ESG-cost relationships. | pt_PT |
| dc.identifier.tid | 203926617 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/181829 | |
| dc.language.iso | eng | pt_PT |
| dc.subject | Cost of debt | pt_PT |
| dc.subject | ESG-ratings | pt_PT |
| dc.subject | ESG-pillars | pt_PT |
| dc.subject | Industry & Sector Differences | pt_PT |
| dc.subject | Cross country differences | pt_PT |
| dc.title | The impact of sustainability efforts on companies' cost of debt: evidence from Europe and the US | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | A Work Project presented as part of the requirements for the Award of a Master’s degree in Finance (MiF) from the Nova School of Business and Economics | pt_PT |