International Journal For Multidisciplinary Research
E-ISSN: 2582-2160
•
Impact Factor: 9.24
A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal
Home
Research Paper
Submit Research Paper
Publication Guidelines
Publication Charges
Upload Documents
Track Status / Pay Fees / Download Publication Certi.
Editors & Reviewers
View All
Join as a Reviewer
Reviewer Referral Program
Get Membership Certificate
Current Issue
Publication Archive
Conference
Publishing Conf. with IJFMR
Upcoming Conference(s) ↓
WSMCDD-2025
GSMCDD-2025
Conferences Published ↓
RBS:RH-COVID-19 (2023)
ICMRS'23
PIPRDA-2023
Contact Us
Plagiarism is checked by the leading plagiarism checker
Call for Paper
Volume 6 Issue 6
November-December 2024
Indexing Partners
A Comparative Study of BSE Carbonex & BSE ESG Indices: Performance Appraisal and Future Prospects
Author(s) | Alok Mishra, Nidhi Sharma |
---|---|
Country | India |
Abstract | As a part of society, business entities are focusing not only to the profit making, but also towards the conservation of the environment. Nowadays, Sustainable development is the need of time. And in this regards, all the companies are trying their best and cutting their carbon emission. For the purpose of it, stock exchanges are also taking some measures. They prepare several indices on the basis of certain parameters, like BSE Carbonex, BSE ESG, BSE 100, BSE Greenex and many more. The objective of this paper is to examine the performance of BSE Carbonex vis-à-vis performance of BSE ESG index. Six years monthly data from 1 November 2017 to 31st August 2023 has been taken. For the purpose of analysis Sharpe ratio, Treynor ratio and Jensen’s Alpha have been applied. The study found that BSE-Carbonex stocks are better option to investors as comparison to BSE-ESG stocks. Companies that understand the risks and opportunities, and position themselves well in relation to them, will deliver the higher long run returns than those which fail to adopt. |
Keywords | BSE Carbonex, BSE ESG index, Sharpe Ratio, Treynor Ratio, Jenson’s Alpha |
Published In | Volume 5, Issue 5, September-October 2023 |
Published On | 2023-10-28 |
Cite This | A Comparative Study of BSE Carbonex & BSE ESG Indices: Performance Appraisal and Future Prospects - Alok Mishra, Nidhi Sharma - IJFMR Volume 5, Issue 5, September-October 2023. DOI 10.36948/ijfmr.2023.v05i05.7916 |
DOI | https://doi.org/10.36948/ijfmr.2023.v05i05.7916 |
Short DOI | https://doi.org/gs3hgz |
Share this
E-ISSN 2582-2160
doi
CrossRef DOI is assigned to each research paper published in our journal.
IJFMR DOI prefix is
10.36948/ijfmr
Downloads
All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.