Rodyti trumpą aprašą

dc.rights.licenseKūrybinių bendrijų licencija / Creative Commons licenceen_US
dc.contributor.authorPisarenko, Zhanna V.
dc.contributor.authorKuznetsova, Natalia P.
dc.contributor.authorToan, Nguyen Cahn
dc.contributor.authorIvanov, Leonid A.
dc.date.accessioned2024-11-26T11:03:20Z
dc.date.available2024-11-26T11:03:20Z
dc.date.issued2021
dc.date.submitted2021-02-28
dc.identifier.urihttps://etalpykla.vilniustech.lt/handle/123456789/155881
dc.description.abstractPurpose – the purpose of the article is to assess the investment potential of YieldСos as an innovative pension vehicle and determine the risks that may arise in connection with them. Methods used: empirical analyses, comparisons, statistical analyses. Research methodology – empirical research, comparative analysis, statistical analyses. Findings – in the paper we compared the new investment vehicle YieldCos (green) and a traditional investment vehicle – energy companies (non-green). It was found that the correlation of YieldCos with the market indices is similar to nongreen companies. But YieldCos are more exposed to risks than energy companies. That may offset their attractiveness as long term investment vehicle. It is necessary to continue research for this investment vehicle during the period of global financial volatility and crash of crude oil price. Research limitations – the authors study the raise of the new investment vehicle – YieldCos, during the period from 2013 to 2018 (pre Covid-19 Era). Practical implications – YieldCos focus on investors interests, raising money in an environmental projects (namely renewable energy), and provide combination of high yield and high income growth. Aforesaid characteristics are attractive for institutional investors that are currently experiencing a lack of resources to meet their obligations. Originality/Value – new investment vehicle is becoming a part of the overall socially responsible investment universe. We have taken the first step in the comparative evaluation of traditional and innovative types of investment instruments. Showed the prospects of a new environmentally oriented tool. It is necessary to continue research of this investment vehicle during the period of global financial volatility, changing landscape of energy resources and stakeholders rising influence.en_US
dc.description.sponsorshipRussian Foundation for Basic Research (RFBR)en_US
dc.format.extent8 p.en_US
dc.format.mediumTekstas / Texten_US
dc.language.isoenen_US
dc.relation.urihttps://etalpykla.vilniustech.lt/handle/123456789/155629en_US
dc.rightsAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.source.urihttp://cibmee.vgtu.lt/index.php/verslas/2021/paper/view/638en_US
dc.subjectYieldCosen_US
dc.subjectpension funden_US
dc.subjectinvestment vehicleen_US
dc.subjectrenewable energyen_US
dc.titleYieldCo as a perspective investment vehicleen_US
dc.typeKonferencijos publikacija / Conference paperen_US
dcterms.accessRightsLaisvai prieinamas / Openly availableen_US
dcterms.accrualMethodRankinis pateikimas / Manual submissionen_US
dcterms.alternativeContemporary financial managementen_US
dcterms.dateAccepted2021-04-01
dcterms.issued2021-05-14
dcterms.licenseCC BYen_US
dcterms.references35en_US
dc.description.versionTaip / Yesen_US
dc.contributor.institutionSaint Petersburg state Universityen_US
dc.contributor.institutionVietnam Academy of Social Sciences (VAON)en_US
dc.contributor.institutionRussian Academy of Engineeringen_US
dcterms.sourcetitleInternational Scientific Conference „Contemporary Issues in Business, Management and Economics Engineering ‘2021“en_US
dc.identifier.eisbn9786094762604en_US
dc.identifier.eissn2538-8711en_US
dc.publisher.nameVilnius Gediminas Technical Universityen_US
dc.publisher.nameVilniaus Gedimino technikos universitetasen_US
dc.publisher.countryLithuaniaen_US
dc.publisher.countryLietuvaen_US
dc.publisher.cityVilniusen_US
dc.description.grantnumber19-510-92002en_US
dc.identifier.doihttps://doi.org/10.3846/cibmee.2021.638en_US


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