Hospitality and Tourism Industry from TR-HT

Set of data used in the paper The impact of ESG dimensions on firm risk of hospitality and tourism industry.

The data were obtained from Thomson Reuters Eikon database (TR_Eikon), we selected those companies whose activity sector was H&T regardless of their country of origin. The data are due in "xls" format and structured in two sheets.

- the first sheet contains the selected companies, with the next information: 

Company Name

NAICS Sector Code

NAICS Subsector Code

NAICS Industry Code

NAICS National Industry Name

Muestra Final: an indicator variable used to remark that the respective company is used in the study.

- The second sheet contains the next information:

Company Id: The Company Identificator. A number differentiating each company from the rest.

Year: The year of the correspondig register.

P_Crisis:  Pandemic Crisis. Dummy variable coded 1 if year is 2020, 0 otherwise.

F_Crisis Financial Crisis: Dummy variable coded 1 if year is from 2008 to 2012, 0 otherwise

Firm_Size: Firm size. Logarithm of total asses

Leverage: Leverage. Total debt to total assets

ROA: Return on assets. EBITDA divided by total assets

B_Gender: Gender diversity. Number of women directors as a percentage of total directors on the board

B_Independence: Independence. number of independent directors as a percentage of total directors on the board

B_Size:  Board size. Number of directors on the board

Duality: CEO duality. Dummy variable taking the value 1 if the chairperson of the board is the CEO and 0 otherwise

ESG_Score: Evironmental Social and Governance Score. A weighted average relative rating based on reported environmental, social and governance information and ranges between 0 (worst) and 100 (best). It is provided by Eikon Thomson Reuters

SOC_Score: Social Pillar Score. A weighted average relative rating based on reported social information and ranges between 0 (worst) and 100 (best). It is provided by Eikon Thomson Reuters

GOV_Score: Governance Pillar Score. A weighted average relative rating based on reported governance information and ranges between 0 (worst) and 100 (best). It is provided by Eikon Thomson Reuters

ENV_Score: Environmental Pillar Score. A weighted average relative rating based on reported environmental information and ranges between 0 (worst) and 100 (best). It is provided by Eikon Thomson Reuters

Dependent variables

D2D: Distance of Default. Merton’s distance to default

SD_R: Volatility of the stock returns. Standard deviation of daily stock returns