The effect on stock price of inclusion in or exclusion from FTSE4GOOD Bursa Malaysia /

The purpose of this study is to test the sensitivity of investors towards the Environmental, Social, and Governance movement in Malaysia towards the announcement of inclusion in or exclusion from FTSE4Good Bursa Malaysia. The data were sourced from the firms’ historical prices and public announcemen...

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Bibliographic Details
Main Author: Heidi Maryssa Mohd Sabri
Format: Thesis
Language:English
Published: Kuala Lumpur : Kulliyyah of Economics and Management Sciences,International Islamic University Malaysia, 2021
Subjects:
Online Access:http://studentrepo.iium.edu.my/handle/123456789/10999
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100 0 |a Heidi Maryssa Mohd Sabri  |9 7376 
245 1 4 |a The effect on stock price of inclusion in or exclusion from FTSE4GOOD Bursa Malaysia /  |c by Heidi Maryssa Binti Sabri 
264 1 |a Kuala Lumpur :  |b Kulliyyah of Economics and Management Sciences,International Islamic University Malaysia,  |c 2021 
300 |a xii, 101 leaves :  |b illustrations ;  |c 30 cm. 
336 |2 rdacontent  |a text 
337 |2 rdamedia  |a unmediated 
337 |2 rdamedia  |a computer 
338 |2 rdacarrier  |a volume 
338 |2 rdacarrier  |a online resource 
347 |2 rdaft  |a text file  |b PDF 
500 |a Abstracts in English and Arabic. 
500 |a "A dissertation submitted in fulfilment of the requirement for the degree of Master of Science (Finance)." --On title page. 
502 |a Thesis (MSFIN)--International Islamic University Malaysia, 2021. 
504 |a Includes bibliographical references (leaves 79-84). 
520 |a The purpose of this study is to test the sensitivity of investors towards the Environmental, Social, and Governance movement in Malaysia towards the announcement of inclusion in or exclusion from FTSE4Good Bursa Malaysia. The data were sourced from the firms’ historical prices and public announcements by Bursa Malaysia. This study adopted an event study methodology research approach as it examined the announcement of inclusion in and exclusion from the FTSE4Good Bursa Malaysia. The findings indicate that investors are more sensitive towards deletion announcements compared to inclusion announcements from the index. This study makes a modest contribution to knowledge by suggesting a framework to understand corporate ESG investment practice in FTSE4Good Bursa Malaysia listed firms based on the study’s findings and a review of the literature. Arising from this framework, suggestions are made for further research to use the latest data and compare the progress of FTSE4Good Bursa Malaysia with other FTSE4Good Indices in other emerging countries to find the loophole in our journey towards sustainability. KEY CONCEPTS: Announcement Effect, ESG Stocks, FTSE4Good  
650 0 |a Stocks  |x Prices  |z Malaysia  |9 8519 
650 0 |a Sustainable development  |x Economic aspects  |z Malaysia  |9 8520 
650 0 |a Social responsibility of business  |z Malaysia  |9 8521 
655 |a Theses, IIUM local 
690 |a Dissertations, Academic  |x Department of Finance  |z IIUM  |9 5315 
700 0 |a Ahmad Fawwaz Mohd Nasaruddin  |e degree supervisor  |9 7377 
700 0 |a Azniza Hartini Azrai Azaimi Ambrose  |e degree supervisor  |9 7378 
710 2 |a International Islamic University Malaysia.  |b Department of Finance  |9 5318 
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