Investor Valuation: LGBTQ Inclusion and the Effect on a Firm's Financials
| dc.contributor.advisor | Dhaliwal, Dan | |
| dc.contributor.author | Voge, Garrett Daniel | |
| dc.creator | Voge, Garrett Daniel | en_US |
| dc.date.accessioned | 2013-08-09T19:45:10Z | |
| dc.date.available | 2013-08-09T19:45:10Z | |
| dc.date.issued | 2013 | |
| dc.identifier.citation | Voge, Garrett Daniel. (2013). Investor Valuation: LGBTQ Inclusion and the Effect on a Firm's Financials (Bachelor's thesis, University of Arizona, Tucson, USA). | |
| dc.identifier.uri | http://hdl.handle.net/10150/297778 | |
| dc.description.abstract | This study examines whether institutional investors value LGBTQ workplace initiatives differently than common investors. To investigate this issue, I analyze the stock market reaction to the release of the 2012 Corporate Equality Index (CEI) scores from the Human Rights Campaign to identify the difference for firms depending on the level of institutional ownership. My findings suggest that firms with a higher ownership percentage of institutional investors have a significantly positive increase in stock prices when they release high CEI scores. This suggests that institutional investors see value in corporate LGBTQ policies. | |
| dc.language.iso | en | en_US |
| dc.publisher | The University of Arizona. | en_US |
| dc.rights | Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author. | en_US |
| dc.rights.uri | http://rightsstatements.org/vocab/InC/1.0/ | |
| dc.title | Investor Valuation: LGBTQ Inclusion and the Effect on a Firm's Financials | en_US |
| dc.type | text | en_US |
| dc.type | Electronic Thesis | en_US |
| thesis.degree.grantor | University of Arizona | en_US |
| thesis.degree.level | bachelors | en_US |
| thesis.degree.discipline | Honors College | en_US |
| thesis.degree.discipline | Accounting | en_US |
| thesis.degree.name | B.S. | en_US |
| refterms.dateFOA | 2018-08-30T09:59:43Z | |
| html.description.abstract | This study examines whether institutional investors value LGBTQ workplace initiatives differently than common investors. To investigate this issue, I analyze the stock market reaction to the release of the 2012 Corporate Equality Index (CEI) scores from the Human Rights Campaign to identify the difference for firms depending on the level of institutional ownership. My findings suggest that firms with a higher ownership percentage of institutional investors have a significantly positive increase in stock prices when they release high CEI scores. This suggests that institutional investors see value in corporate LGBTQ policies. |
