1). A researcher would like to examine the impact of ESG score on volatilities of listed...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1). A researcher would like to examine the impact of ESG score on volatilities of listed companies in Stock Exchange of Thailand (SET). Let Vol ESG SET 100 = dummy variable for a company being listed on SET100 index = a vector of all other control variables = a measure of volatility, where higher value implies more volatile = ESG score X a. (4.5 points) Write down a regression equation of Fixed Effect model if the researcher hypothesizes that there exists non-linear impact of ESG on volatilities. State the null hypotheses to test whether the impact does exist and is actually non-linear. Explain which estimator you would like to use and why it is an appropriate estimator. b. (2.5 points) Write down a regression equation that can be used to examine whether the average ESG scores of the companies listed and non-listed on SET100 are different. State the null hypothesis to test it. Explain which estimator you would like to use and why it is an appropriate estimator. 2). Suppose a researcher would like to estimate causation on Y using the following regression model: Y = Bo + B₁X₁ + B₂X₂ + B3X3 + ε For each of the following situations, discuss 3 possible problems she should concern and suggest a resolution for each of the problems. a. (1.5 points) Applying OLS estimator on time-series data b. (1.5 points) Applying OLS estimator on fixed-effect model 1). A researcher would like to examine the impact of ESG score on volatilities of listed companies in Stock Exchange of Thailand (SET). Let Vol ESG SET 100 = dummy variable for a company being listed on SET100 index = a vector of all other control variables = a measure of volatility, where higher value implies more volatile = ESG score X a. (4.5 points) Write down a regression equation of Fixed Effect model if the researcher hypothesizes that there exists non-linear impact of ESG on volatilities. State the null hypotheses to test whether the impact does exist and is actually non-linear. Explain which estimator you would like to use and why it is an appropriate estimator. b. (2.5 points) Write down a regression equation that can be used to examine whether the average ESG scores of the companies listed and non-listed on SET100 are different. State the null hypothesis to test it. Explain which estimator you would like to use and why it is an appropriate estimator. 2). Suppose a researcher would like to estimate causation on Y using the following regression model: Y = Bo + B₁X₁ + B₂X₂ + B3X3 + ε For each of the following situations, discuss 3 possible problems she should concern and suggest a resolution for each of the problems. a. (1.5 points) Applying OLS estimator on time-series data b. (1.5 points) Applying OLS estimator on fixed-effect model
Expert Answer:
Related Book For
Statistics for the Behavioral Sciences
ISBN: 978-1111830991
9th edition
Authors: Frederick J Gravetter, Larry B. Wallnau
Posted Date:
Students also viewed these accounting questions
-
In an agricultural study done to examine the impact of using a new mix of pesticides on the Canadian canola crop, a sample of 459 farms using the new pesticide mix and a sample of 295 farms using a...
-
Use the spreadsheet from problem 30 to examine the impact of various scenarios. Add formulas to calculate ratios to examine the effect on leverage (debt ratio and times interest earned),...
-
A researcher would like to examine the effect of humidity on eating behavior. It is known that laboratory rats normally eat an average of = 21 grams of food each day. The researcher selects a random...
-
Problem 1: The three velocities shown would indicate that the body is not rigid. Given that the body is known to be rigid, one of the three velocities is clearly incorrect. Draw all lines and take...
-
Discuss the process of further defining project scope, going from information in a project charter to a preliminary scope statement, project scope statement, WBS, and WBS dictionary.
-
The Consumer Reports Restaurant Customer Satisfaction Survey is based upon 148,599 visits to full-service restaurant chains (Consumer Reports website). One of the variables in the study is meal...
-
On January 1, 2016, Pine Mountain Resorts acquires a 60 percent interest in Shawnee Peak Enterprises for \($25.4\) million in cash. The date-of-acquisition fair value of the noncontrolling interest...
-
Nonmonetary Exchange Santana Company exchanged equipment used in its manufacturing operations plus $2,000 in cash for similar equipment used in the operations of Delaware Company. The following...
-
If u could please help me fill out the Assets=liabilities+Equity I am not sure if what I put into assets is correct. ! Required information [The following information applies to the questions...
-
Pennack Corporation purchased 75% of the outstanding stock of Shing Corporation on January 1, 2014 for $300,000 cash. At the time of the purchase, the book value and fair value of Shing's assets and...
-
You are a portfolio manager. John Smith, one of your clients, by providing you the following formation requested you to calculate standard deviation of Shah Corporation stock and High Fly...
-
The entries in a purchases journal are posted to the what is journal entry
-
discuss the role of interest rate benchmarks, such as the London Interbank Offered Rate (LIBOR), the Euro Interbank Offered Rate (EURIBOR), and alternative risk-free rates (RFRs) such as the Secured...
-
explain the advantage that Sharpe Ratio have over the Coefficient Of Variation. when used to compare investment performance ? Give 3 advantage and detail explanation explanation.
-
Bernardo's Audio Incorporated is struggling in the industry because average salaries are too high in its urban location. What external force is impacting the company's ability to hire? physical...
-
What are the key determinants of an economy's natural rate of interest, and how does it serve as a benchmark for setting monetary policy to ensure long-term price stability and sustainable economic...
-
10 3 points eBook Hint Exercise 21-16 (Static) Computing and analyzing direct labor variances LO P3 Javon Company set standards of 3 hours of direct labor per unit at a rate of $15 per hour. During...
-
Suppose that a company has 10.000 outstanding shares in the beginning of the year. On April 1st, the company increases its shares by 6.000. On July 1st, the company increases its shares again, but...
-
As mentioned in Chapters 2 and 3 (pp. 38 and 81), Steven Schmidt (1994) reported a series of studies examining the effect of humor on memory. In one part of the study, participants were presented...
-
Numerous studies have found that males report higher self-esteem than females, especially for adolescents (Kling, Hyde, Showers, & Buswell, 1999). Typical results show a mean self-esteem score of M =...
-
Problem 6 in Chapter 17 cited a study showing that people tend to choose partners who are similar to themselves. Jones, Pelham, Carvallo, & Mirenberg, 650 CHAPTER 18 (2004) demonstrated that people...
-
U.S. Industries has a subsidiary in Switzerland. The subsidiary's financial statements are maintained in Swiss francs (CHF). Exchange rates (\($/CHF)\) for selected dates are as follows: The...
-
Asda is a British supermarket chain owned by Wal-Mart Stores, Inc. Assume that the following data relate to Asda's activities for 2017 (in millions).. Exchange rates (\($/)\) during 2017 are:...
-
Massmart Holdings Ltd. is a South African subsidiary of Wal-Mart Inc., selling high volume, low margin branded consumer goods to customers in twelve countries in Africa. Massmart's accounts are...
Study smarter with the SolutionInn App