Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61, 501-506

https://doi.org/10.11118/actaun201361020501
Published online 2013-04-24

A critical evaluation of risk-return characteristics of environmentally focused stock’s companies

Stanislav Škapa1, Tomáš Meluzín1, Marek Zinecker2

1Department of Economy, Faculty of Business and Management, Brno University of Technology, Kolejní 4, 612 00 Brno, Czech Republic
2Department of Finance, Faculty of Business and Management, Brno University of Technology, Kolejní 4, 612 00 Brno, Czech Republic

The objective of the paper is to critically evaluate and determine risk-return profile environmentally focused stock’s companies which are covered by STOXX Global ESG Environmental Leaders Index and whether this index should be taken in as an independent asset class of investments portfolio for its risk-return improvement. This paper gives an empirical view on the ex-post asset classes characteristics focused mainly on risk side of investment.

References

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