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Event study case for the implications of sustainability events on a company’s share value

Tawfik, M.T.M. (2020) Event study case for the implications of sustainability events on a company’s share value.

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Abstract:The fashion industry is the second biggest polluter in the world. Due to consumers' awareness of this situation, sustainability became a more pressing matter for textile and apparel companies. One way of improving themselves in this area is to become more environmentally friendly. Hence, these companies started environmental sustainability initiatives to enhance their manufacturing process and make it more sustainable. This thesis picked five different fashion and apparel companies worldwide and empirically assessed the impacts of their environmental initiatives on the value of the company. The results of these assessments will help companies see the impact of sustainability events could have on their stock value. Moreover, the results will also show that these initiatives could help the companies cut costs, which could financially benefit them and the environment in the long run.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
Link to this item:http://purl.utwente.nl/essays/82082
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