Identify ESG complaint and non-complaint companies and bifurcating them into 2 separate portfolios for the purpose of analysis. Doing the risk analysis (beta measure) for both the portfolios after
adjusting for the four risk factors: Market risk, Size, Value and Momentum, followed by the comparison between the two portfolios. Doing a qualitative study of the primary data collected from the different stakeholders to understand the stakeholder`s perspective on ESG compliance.