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[{"key": "dc.contributor.advisor", "value": "Iqbal, Jamshed", "language": null, "element": "contributor", "qualifier": "advisor", "schema": "dc"}, {"key": "dc.contributor.author", "value": "Mahonen, Sanni", "language": null, "element": "contributor", "qualifier": "author", "schema": "dc"}, {"key": "dc.date.accessioned", "value": "2024-12-03T13:04:07Z", "language": null, "element": "date", "qualifier": "accessioned", "schema": "dc"}, {"key": "dc.date.available", "value": "2024-12-03T13:04:07Z", "language": null, "element": "date", "qualifier": "available", "schema": "dc"}, {"key": "dc.date.issued", "value": "2024", "language": null, "element": "date", "qualifier": "issued", "schema": "dc"}, {"key": "dc.identifier.uri", "value": "https://jyx.jyu.fi/handle/123456789/98785", "language": null, "element": "identifier", "qualifier": "uri", "schema": "dc"}, {"key": "dc.description.abstract", "value": "Kest\u00e4vyysajattelun t\u00e4rkeys on lis\u00e4\u00e4ntynyt nopeasti kaikkialla maailmassa. Samanaikaisesti sijoittajien kiinnostus on siirtynyt tuottojen kasvusta ja varallisuuden maksimoinnista kohti kest\u00e4v\u00e4mp\u00e4\u00e4 kasvua. Siten yrityksill\u00e4 on paine vastata sijoittajien vaatimuksiin kest\u00e4vyydest\u00e4 pit\u00e4\u00e4kseen heid\u00e4t yh\u00e4 sijoittajina. Kest\u00e4vyystoimien yhdist\u00e4minen keskeisiin liiketoimintak\u00e4yt\u00e4nt\u00f6ihin vahvistaa yrityksen ja sijoittajan v\u00e4list\u00e4 suhdetta sek\u00e4 antaa todenn\u00e4k\u00f6isesti yritykselle kilpailullista etua.\nT\u00e4m\u00e4n tutkimuksen tarkoituksena on tarkastella ESG suoriutumisen ja taloudellisen suoriutumisen v\u00e4list\u00e4 suhdetta. ESG suoriutuminen tarkoittaa ymp\u00e4rist\u00f6llist\u00e4, sosiaalista ja hallinnollista suoriutumista ja siit\u00e4 on muodostunut vakiintunut termi kuvaamaan kest\u00e4vyystoimia. ESG suoriutumisen ja taloudellisen suoriutumisen v\u00e4lisen suhteen tutkimisen lis\u00e4ksi t\u00e4ss\u00e4 tutkimuksessa tutkitaan sit\u00e4, miten naisten osuus yrityksen hallituksessa vaikuttaa kyseiseen edell\u00e4 mainittuun suhteeseen. Sek\u00e4 ESG ett\u00e4 hallituksen sukupuolten v\u00e4linen tasa-arvo ovat ajankohtaisia teemoja, joita on hy\u00f6dyllist\u00e4 tutkia eri konteksteissa. Koska t\u00e4ss\u00e4 tutkimuksessa tutkitaan kyseisten muuttujien vaikutusta yrityksen taloudelliseen suoriutumiseen, t\u00e4m\u00e4 tutkimus on hy\u00f6dyllinen ennen kaikkea yritysten kannalta.\nT\u00e4m\u00e4 tutkimus koostuu 465 julkisesta listatusta yrityksest\u00e4 pohjoismaissa (Suomi, Norja, Ruotsi ja Tanska) ja tutkimusajanjakso on 2006\u20132022. Kaikki t\u00e4ss\u00e4 tutkimuksessa k\u00e4ytetty data on ker\u00e4tty LSEG datapalvelusta. Taloudellista suoriutumista kuvataan sek\u00e4 ROA:n ett\u00e4 Tobin's Q:n avulla. Regressioanalyysist\u00e4 saatujen tulosten mukaan ESG:n ja ROA:n v\u00e4linen suhde ei ole merkitsev\u00e4. Ymp\u00e4rist\u00f6llisen tekij\u00e4n ja ROA:n v\u00e4linen suhde on kuitenkin positiivinen ja merkitsev\u00e4. T\u00e4m\u00e4 korostaa ymp\u00e4rist\u00f6llisen sitoutumisen t\u00e4rkeytt\u00e4 pohjoismaissa. Kuten ennen analyysi\u00e4 odotettiin, ESG:n ja Tobin's Q:n v\u00e4linen suhde on neutraali. ESG:n ja taloudellisen suoriutumisen v\u00e4linen suhde on vahvempi yrityksiss\u00e4, joiden hallitus on sukupuolten osalta monimuotoisempi. Yritysten tulisi valita enemm\u00e4n naisia hallitukseen, sill\u00e4 se parantaa sek\u00e4 ESG suoriutumista, ett\u00e4 taloudellista suoriutumista.\nESG:n ja taloudellisen suoriutumisen v\u00e4lisen suhteen tutkiminen on ajankohtaista my\u00f6s tulevaisuudessa, koska ESG raportointi on yh\u00e4 melko uusi teema yrityksiss\u00e4. Lis\u00e4ksi uusia direktiivej\u00e4 julkaistaan jatkuvasti, josta esimerkkin\u00e4 on CSRD direktiivi, jonka mukaan kaikkien isojen yritysten, mukaan lukien listattujen ja listaamattomien yritysten, tulee raportoida niiden kest\u00e4vyystoimista.", "language": "fi", "element": "description", "qualifier": "abstract", "schema": "dc"}, {"key": "dc.description.abstract", "value": "The importance of sustainability has increased rapidly overall in the world. At the same time, shareholders' interests have shifted from the growth of profits and wealth maximization towards more sustainable growth. Thus, organizations are under the pressure to respond shareholders' requirements about the sustainability in order to keep them as their investors. Integrating the sustainability activities into the core business practices will strengthen the relationship between the organization and the shareholder, and most likely give competitive advantage to the organization.\nThe purpose of this study is to observe the relationship between ESG performance and financial performance. ESG performance means environmental, social and governance performance and it has become the established term to describe the sustainability activities. In addition to studying the relationship between ESG and financial performance, board gender diversity is added to the examination as a moderating variable. Both ESG and board gender diversity are current and relevant themes that are beneficial to study in different contexts. By examining the influence of these variables on financial performance, this study will benefit the organizations above all.\nThe sample of this study consists of 465 publicly listed firms from the Nordic countries (Finland, Norway, Sweden and Denmark) and the observation period covers the years between 2006-2022. All of the data used in this study is gathered from LSEG database. To describe financial performance, both ROA and Tobin's Q are used. According to the results achieved from the regression analysis, no significancy can be discovered between ESG and ROA. However, the environmental factor is found to have a positive and significant relationship with ROA. This finding highlights the importance of environmental engagement in the Nordic countries. Neutral relationship is found between ESG and Tobin's Q, as supposed before the analysis. Additionally, the relationship between ESG and financial performance is discovered to be stronger in organizations that have a gender-diverse board. Therefore, organizations should have more women on the board because it will enhance both ESG performance and financial performance.\nFor the future research, studying the relationship between ESG and financial performance is still relevant as ESG reporting plays a rather new issue in organizations. In addition, new directives are constantly issued, such as CSRD which requires all large companies, whether listed or non-listed, to report about their sustainability issues.", "language": "en", "element": "description", "qualifier": "abstract", "schema": "dc"}, {"key": "dc.description.provenance", "value": "Submitted by jyx lomake-julkaisija (jyx-julkaisija.group@korppi.jyu.fi) on 2024-12-03T13:04:07Z\nNo. of bitstreams: 0", "language": "en", "element": "description", "qualifier": "provenance", "schema": "dc"}, {"key": "dc.description.provenance", "value": "Made available in DSpace on 2024-12-03T13:04:07Z (GMT). No. of bitstreams: 0", "language": "en", "element": "description", "qualifier": "provenance", "schema": "dc"}, {"key": "dc.format.extent", "value": "76", "language": null, "element": "format", "qualifier": "extent", "schema": "dc"}, {"key": "dc.format.mimetype", "value": "application/pdf", "language": null, "element": "format", "qualifier": "mimetype", "schema": "dc"}, {"key": "dc.language.iso", "value": "eng", "language": null, "element": "language", "qualifier": "iso", "schema": "dc"}, {"key": "dc.rights", "value": "CC BY 4.0", "language": "en", "element": "rights", "qualifier": null, "schema": "dc"}, {"key": "dc.title", "value": "ESG and Financial Performance in the Nordic Countries: the Moderating Role of Board Gender Diversity", "language": null, "element": "title", "qualifier": null, "schema": "dc"}, {"key": "dc.type", "value": "master thesis", "language": null, "element": "type", "qualifier": null, "schema": "dc"}, {"key": "dc.identifier.urn", "value": "URN:NBN:fi:jyu-202412037604", "language": null, "element": "identifier", "qualifier": "urn", "schema": "dc"}, {"key": "dc.contributor.faculty", "value": "Jyv\u00e4skyl\u00e4 University School of Business and Economics", "language": "en", "element": "contributor", "qualifier": "faculty", "schema": "dc"}, {"key": "dc.contributor.faculty", "value": "Jyv\u00e4skyl\u00e4n yliopiston kauppakorkeakoulu", "language": "fi", "element": "contributor", "qualifier": "faculty", "schema": "dc"}, {"key": "dc.contributor.organization", "value": "University of Jyv\u00e4skyl\u00e4", "language": "en", "element": "contributor", "qualifier": "organization", "schema": "dc"}, {"key": "dc.contributor.organization", "value": "Jyv\u00e4skyl\u00e4n yliopisto", "language": "fi", "element": "contributor", "qualifier": "organization", "schema": "dc"}, {"key": "dc.subject.discipline", "value": "Laskentatoimi ja yritysrahoitus", "language": "fi", "element": "subject", "qualifier": "discipline", "schema": "dc"}, {"key": "dc.subject.discipline", "value": "Accounting and Corporate Finance", "language": "en", "element": "subject", "qualifier": "discipline", "schema": "dc"}, {"key": "dc.type.coar", "value": "http://purl.org/coar/resource_type/c_bdcc", "language": null, "element": "type", "qualifier": "coar", "schema": "dc"}, {"key": "dc.rights.copyright", "value": "\u00a9 The Author(s)", "language": null, "element": "rights", "qualifier": "copyright", "schema": "dc"}, {"key": "dc.rights.accesslevel", "value": "openAccess", "language": null, "element": "rights", "qualifier": "accesslevel", "schema": "dc"}, {"key": "dc.type.publication", "value": "masterThesis", "language": null, "element": "type", "qualifier": "publication", "schema": "dc"}, {"key": "dc.format.content", "value": "fulltext", "language": null, "element": "format", "qualifier": "content", "schema": "dc"}, {"key": "dc.rights.url", "value": "https://creativecommons.org/licenses/by/4.0/", "language": null, "element": "rights", "qualifier": "url", "schema": "dc"}]
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