“A study of potential factor investing strategy from ESG score and intangible capital in Thailand” “A study of potential factor investing strategy from ESG score and intangible capital in Thailand
The Impact of Environmental, Social and Governance (ESG) Score on Corporate Outcomes of Listed Companies from the IMT-GT The Impact of Environmental, Social and Governance (ESG) Score on Corporate
, to mitigate this concern, I delete all firms that do not report at least twenty quarters of earnings history. This implies that survivorship rate is similar for both string and non-string firms. 6/29
% is 0 point. The total floating score ranks from maximum to minimum with the highest 150 companies is the sample set. However, the equal score of the sample set results 187 companies needed to delete on
”* Meaning of “Delete” Meaning of “Cancel” 1 Draft The report is only a draft and has not been sent to SEC Office. It will not be published until you click ‘Send’, and the status will be changed to “Sent
(diversification of issuer profiles) ในแง่ของธรรมาภิบาลของผู้ออกตราสาร บริษัทจดทะเบียนที่ระดมทุนผ่านตราสารหนี้ส่วนมากเป็นบริษัท ที่ได้รับคะแนนด้านธรรมาภิบาล (CG Score) อยู่ในระดับ 4 และ 5 ดาว (ภาพที่ 2) ในปี 2015
aggregate fundamental score following Lev and Thiagarajan (1993). This score is based on 12 underlying fundamental signals including inventories, accounts receivable, capital expenditures, research and
constraints, such as passive funds, ETFs, sector funds, and thematic funds. At the industry level, equity funds show moderate degree of similarity, 32.26%, likely to offer meaningful investment choice. Score
, this study provides a number of interesting findings. First, Thailand shows the best performance in terms of the average score of ESG pillars whereas China exhibits the worst. Second, this study
and, consequently, build a strong company culture. Further analysis validates the results, including propensity score matching (PSM), entropy balancing, an instrumental-variable analysis, Lewbel’s (2012