disclosures • Investor needs • New guidelines and frameworks Research Questions and Framework Research Question Source:https://www.sdgmove.com/intro-to-sdgs/ Firm Value? Hypothesis development • Aids decision

critical mass theory. Our study is the first to apply this theory to the link between female directors and corporate culture. II. Theoretical background, prior research, and hypothesis development a. Machine

2020? ⊷ (2) Is there an impact of ESG scores on corporate outcomes in the IMT-GT?” Literature review 8 The stakeholder-agency theory Hill and Jones (1992) built on assumptions of market processes that

only shareholders. According to stakeholder theory, companies that diligently seek to meet the expectations of a wider group of stakeholders will create more value over time (Driver and Thompson, 2002

. Hypothesis construction • Assuming the geometric Brownian process with an expected return (ν) and a standard deviation (σ) • We can find that the probability of an uptick and a downtick with different tick

ใน (Internal) 3 I. INTRODUCTION Imperfect capital market: • Agency Theory –Principal vs. Agent Relationship– • E.g. managers vs. shareholders/ shareholders vs. debtholders/ among shareholders

alternative hypothesis in that rational investors remain rational, but when market conditions warrant their attention, risk-takers are attracted to markets, thereby causing extreme valuations or bubble to be

are in The transition concept (and label) is applicable for both whole entities and all of their activities and therefore goes beyond the use of proceeds model common in the green bond market. We

price impact of sells. This finding is consistent with the hypothesis that buys are better informed than sells. Finally, the empirical results do not support the hypothesis that a stock’s history of price

49.25, slight left-skew (negative) • For control variables comprised of Ln of Total Assets, DebtRatio, Return on Assets (ROA), Book-to-Market Ratio (BTM) Hypothesis 1: Analysis relationship between ESG