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Können immaterielle Werte zu höheren Renditen führen?

Können immaterielle Werte zu höheren Renditen führen?


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About the Book

In den letzten Jahrzehnten sind Fragen der Menschenrechte, der Arbeitsbedingungen und der Umweltveränderungen weltweit zu heißen Themen geworden, die auch den Finanzmarkt beeinflusst haben. Immer mehr Anleger setzen bei der Zusammenstellung ihrer Portfolios auf sozial verantwortliches Investieren (SRI). Eine Form des SRI-Screens besteht darin, Unternehmen auszuwählen, die zufriedene Mitarbeiter haben. Die bestehende Theorie besagt, dass die Mitarbeiterzufriedenheit einen immateriellen Wert für das Unternehmen darstellt, der sich positiv auf die künftige Leistung des Unternehmens auswirkt. Immaterielle Vermögenswerte werden vom Markt oft nicht erkannt und fließen daher nicht in den Aktienkurs ein. Die Hypothese des effizienten Marktes wird seit mehreren Jahrzehnten untersucht und diskutiert. Befürworter der EMH argumentieren, dass alle verfügbaren Informationen in den Aktienkurs einfließen und es daher nicht möglich ist, den Markt systematisch zu schlagen. Die EMH ist jedoch umstritten, da die Forschung unterschiedliche Ergebnisse hinsichtlich der Möglichkeit, mit verschiedenen Anlagestrategien abnormale Renditen zu erzielen, gezeigt hat.


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Product Details
  • ISBN-13: 9786205171479
  • Publisher: KS Omniscriptum Publishing
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Weight: 231 gr
  • ISBN-10: 6205171473
  • Publisher Date: 19 Sep 2022
  • Height: 229 mm
  • No of Pages: 116
  • Spine Width: 7 mm
  • Width: 152 mm


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