Essays about: "Rating agencies"

Showing result 1 - 5 of 60 essays containing the words Rating agencies.

  1. 1. Green Numbers in Grey Areas: A study on what methods credit analysts use to integrate incomplete ESG data in the credit rating process

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Erik Voss-Schrader; Gustav Ryhre; [2024]
    Keywords : Credit; Debt; Rating; ESG; Epistemic;

    Abstract : In response to the urgent need to address global warming, this study investigates the efforts of two credit rating agencies (CRAs), Aries and Orion, to integrate environmental, social, and governance (ESG) factors into their financial analyses amidst challenges posed by inconsistent and unstandardized data. Based on interviews with nine CRA representatives and Knorr Cetina's theory of epistemic cultures, the present study reveals the difficulties faced by the CRAs with directly linking ESG factors to credit ratings. READ MORE

  3. 2. EXPLORING THE RELATIONSHIP BETWEEN ESG DISAGREEMENT AND STOCK RETURNS - AN EMPIRICAL ANALYSIS

    University essay from Göteborgs universitet/Graduate School

    Author : Andrea Pasquali; [2023-06-29]
    Keywords : ;

    Abstract : During the recent years investors shifted their preferences towards sustainable stocks and funds, increasing the importance of Environmental, Social and Governance ratings. At a similar pace the related literature started to develop shedding light on some crucial aspects of the ESG ratings, such as the disagreement between rating agencies and the lack of common methodologies to assess the ratings. READ MORE

  4. 3. Financial Strategies of Real Estate Companies in Sweden : Navigating Economic Cycles

    University essay from KTH/Fastighetsföretagande och finansiella system

    Author : Olivia Nygren; Malin Lagerholm; [2023]
    Keywords : Real Estate; Economic Downturn; Financial Strategy; Fastigheter; Konjunkturnedgång; Finansiell strategi;

    Abstract : The real estate sector has been heavily impacted by rising inflation and subsequent interest rate increases. This is placing pressure on all real estate companies with higher levels of debt. The rising interest rates are leading to increased costs and making it more challenging for these companies to refinance their loans. READ MORE

  5. 4. Agree to Disagree? Disentangling ESG Rating Disagreement and its Impact on Stock Returns

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Olof Gustavsson; Theodor Samaras; [2023]
    Keywords : ESG ratings; Disagreement; Stock returns; Risk; Uncertainty;

    Abstract : This study investigates the phenomenon of ESG rating disagreement and its financial implications. Using a sample of the largest firms listed on the Nordic markets, we examined whether disagreement in ESG ratings from five widely used rating agencies between 2018-2022 positively affected the underlying stock returns. READ MORE

  6. 5. A Life Cycle Assessment on the Biodiversity impact of SDG equity funds

    University essay from Umeå universitet/Företagsekonomi

    Author : Nils Hendriks; [2023]
    Keywords : ESG; SDG; Sustainable Development Goals; LCA; Life Cycle Assessment; annual species loss; biodiversity; equity funds;

    Abstract : Sustainability, a multidimensional concept, consist of various environmental, social, and economic factors. Its fundamental principle is to fulfill the needs of the present without compromising the ability of future generations to meet their own needs. READ MORE