Sin Stocks: An Analysis of the Sin Premium in the US, European, and Asia-Pacific Markets
This thesis aims to explain the return of so-called sin stocks, which include businesses operating in the alcohol, tobacco, gambling, weapon, and oil & gas industries. Due to their negative public perception, these stocks are anticipated to yield a sin premium. This study analyses the potential variation of sin premiums across three different markets, specifically the US, European, and Asia-Pa
