Overview
- Elucidates the likelihood of getting a higher-than-expected return based on the percentage of “green” or eco-friendly stocks in the portfolio
- Presents an in-depth analysis of the intrinsic dynamics and investment-worthiness of the green stocks
- Provides valuable support for investors and analysts who need to make decisions regarding investments or the makeup of their portfolios
- Includes supplementary material: sn.pub/extras
Part of the book series: SpringerBriefs in Finance (BRIEFSFINANCE)
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Table of contents (4 chapters)
Keywords
About this book
This book seeks to answer the essential question of the investment-worthiness of green instruments. It is evident that investing in green and energy-efficient firms will be the most profitable choice for wise investors in the years to come. The reconciliation of the social choice for green technology and investors’ choice for gray technology will be automatically achieved once green firms become more profitable than gray ones, in the Indian context. As there has been very little research done in this area, especially in the Indian context, this book addresses that gap.
In order to do so, it follows the development of five different portfolios consisting of 100% green, 75% green-25% gray, 50% green-50% gray, 25% green-75% gray and 100% gray stocks, and attempts to answer questions such as: Do green portfolios entail less relative own-risk as compared to their gray counterparts? How effectively do green portfolios avoid market risk? Are green portfolios inherently more stable? Do green portfolios have a higher probability of surviving a financial crisis? Is the performance of green portfolios backed by their fundamentals? Is there any particular technical trading strategy that can ensure a consistently above-average return from these portfolios?Authors and Affiliations
About the authors
Dr. Gagari Chakrabarti completed her Master’s, M.Phil and Doctorate in Economics from the University of Calcutta (India) and is currently working as an Assistant Professor at the prestigious Presidency University (erstwhile Presidency College) in Kolkata, India. Her area of specialization is financial economics including application of econometrics in financial economics. She has several national and international publications to her credit.
Dr. Chitrakalpa Sen is an Assistant Professor in the School of Management, BML Munjal University, Gurgaon, India. An economist by training, Dr. Sen holds an undergraduate degree in economics and a postgraduate degree in economics from the University of Calcutta. He did his PhD from the School of Management, West Bengal University of Technology. He has published in a number of national and international peer-reviewed journals, such as Finance India and Journal of Asset Management and has also authored/co-authored a number of books.
Bibliographic Information
Book Title: Green Investing
Book Subtitle: The Case of India
Authors: Gagari Chakrabarti, Chitrakalpa Sen
Series Title: SpringerBriefs in Finance
DOI: https://doi.org/10.1007/978-81-322-2026-8
Publisher: Springer New Delhi
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: The Author(s) 2015
Softcover ISBN: 978-81-322-2025-1Published: 09 September 2014
eBook ISBN: 978-81-322-2026-8Published: 28 August 2014
Series ISSN: 2193-1720
Series E-ISSN: 2193-1739
Edition Number: 1
Number of Pages: IX, 102
Number of Illustrations: 27 b/w illustrations
Topics: Finance, general, Macroeconomics/Monetary Economics//Financial Economics, Sustainable Development, Energy Policy, Economics and Management