Estudo Econométrico do Impacto da Sustentabilidade no Comportamento das Ações de Empresas de Engenharia Civil no Brasil
socially responsable investing, companies evaluation, global growth, sustantability
In today's globalized world, concerns regarding global climate change, dwindling natural resource reserves, and environmental pollution have become paramount priorities for policy initiatives. One sector that significantly influences the environment in a negative way is civil construction. However, this industry is gradually evolving through research and policy efforts aimed at reducingits global environmental impact. As companies seek growth in a competitive landscape, many are entering the stock market to achieve greater financial results. This shift in corporate structure has brought about increased scrutinyof a company's internal practices, particularly in the contextof SociallyResponsible Investing (SRI). SRI, encompassing environmental, ethical, and social considerations in stock selection, directly affects a company's stock market valuation, either rewarding or penalizing it. Over the past decade, SRI has experienced remarkable global growth, expanding by 1200% between 1995 and 2005, and reaching $12 trillion in assets by early 2018. This research seeks to evaluate the impact of sustainable measures on the stock value of publicly traded civil construction companies. The primary objectives include analyzing the stock performance of civil construction companies with publiclisting sand comparing the fluctuations between sustainable and non-sustainable companies.