Green Investing

The Case of India

  • Gagari Chakrabarti
  • Chitrakalpa Sen

Part of the SpringerBriefs in Finance book series (BRIEFSFINANCE)

Table of contents

  1. Front Matter
    Pages i-ix
  2. Gagari Chakrabarti, Chitrakalpa Sen
    Pages 1-4
  3. Gagari Chakrabarti, Chitrakalpa Sen
    Pages 5-61
  4. Gagari Chakrabarti, Chitrakalpa Sen
    Pages 63-84
  5. Gagari Chakrabarti, Chitrakalpa Sen
    Pages 85-87
  6. Back Matter
    Pages 89-102

About this book

Introduction

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?

Keywords

Green Momentum Strategy Green Portfolios Greens and Grays Own-Risk-Adjusted Return

Authors and affiliations

  • Gagari Chakrabarti
    • 1
  • Chitrakalpa Sen
    • 2
  1. 1.Department of EconomicsPresidency UniversityKolkataIndia
  2. 2.School of ManagementBML Munjal UniversityGurgaonIndia

Bibliographic information

  • DOI https://doi.org/10.1007/978-81-322-2026-8
  • Copyright Information The Author(s) 2015
  • Publisher Name Springer, New Delhi
  • eBook Packages Business and Economics
  • Print ISBN 978-81-322-2025-1
  • Online ISBN 978-81-322-2026-8
  • Series Print ISSN 2193-1720
  • Series Online ISSN 2193-1739
  • About this book