dc.contributor.advisor | Westgaard, Sjur | |
dc.contributor.author | Hibout, Auatef | |
dc.contributor.author | Sadeghi, Arezou | |
dc.date.accessioned | 2017-09-12T09:21:25Z | |
dc.date.available | 2017-09-12T09:21:25Z | |
dc.date.issued | 2017 | |
dc.identifier.uri | http://hdl.handle.net/11250/2454204 | |
dc.description.abstract | This thesis investigates the relationship between firm-specific factors and renewable energy stock returns. For the period 2011-2015, we study 34 international renewable energy companies, operating in five renewable sectors (solar, wind, bio-energy, energy technology and geothermal) by applying panel data method. Inspired by Fama and French (1992) research, we added two new firm-specific variables to the existing variables, to examine the nature of the cross-section relation between firm-specific factors and renewable energy stock returns. Our main finding is that only one (firm size) out of five firm-specific variables used in our regression model is significant and positively associated with the cross-section average returns of the renewable energy companies. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | Norwegian University of Life Sciences, Ås | nb_NO |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no | * |
dc.subject | Renewable Energy | nb_NO |
dc.subject | Risk factors | nb_NO |
dc.subject | Firm-specific variables | nb_NO |
dc.subject | Leverage | nb_NO |
dc.subject | Beta | nb_NO |
dc.subject | Panel Data methods | nb_NO |
dc.title | Firm-specific risk factor analysis of renewable energy stocks | nb_NO |
dc.type | Master thesis | nb_NO |
dc.source.pagenumber | 86 | nb_NO |
dc.description.localcode | M-ØA | nb_NO |