A-besvarelse på hjemmeeksamen i FIE401 - Financial Econometrics. Merk at datasettet og R-koden er ikke vedlagt.

RQ: "Examine whether public statements of US public firms about an increased focus on ESG through the Business Roundtable are actually followed up on"

Tasks:
• Describe your sample and constructed variables (Table 1)
• Is there a difference between firms that signed the business roundtable and other firms (Table 2)?
• Did the firms that signed the

A-besvarelse på hjemmeeksamen i FIE401 - Financial Econometrics. Merk at datasettet og R-koden er ikke vedlagt.

RQ: "Examine whether public statements of US public firms about an increased focus on ESG through the Business Roundtable are actually followed up on"

Tasks:
• Describe your sample and constructed variables (Table 1)
• Is there a difference between firms that signed the business roundtable and other firms (Table 2)?
• Did the firms that signed the business roundtable change their policy (Table 3)?
• Discuss economic significance in Table 2 & 3
• You are worried about unobserved factors/event happening at the same time as firms sign the policy. Please give some concrete examples of these unobserved factors, and how you deal with them?
• You are worried about that signing the business round table is not random. Please give concrete examples of potential problems, and how this would affect your results if not taken care of? What do you do to adress these issues.