Purpose The purpose of this study is to explore the impact sustainability (environmental, social and governance or ESG) practices on financial performance (FP) Nordic industry. Design/methodology/approach covers a sample selection observations for total 152 firm-years 39 companies within region (Sweden, Denmark, Finland Norway) business years including 2015–2019. Data regarding ESG FP indicators were extracted from Thomson Reuters Eikon database in July 2020. This quantitative using...

Abstract The discussion of “whether it pays to be green” is ongoing. This review does not intend solve the debate, rather soothes by contributing concept “when green.” By focusing on shortcomings existing literature reviews topic corporate sustainability and financial performance (CSFP) in this hybrid review, issues were identified that had been overlooked earlier. In general, CSFP holds a positive relationship but time lag. Nonconclusive results about within are due self‐selection bias,...

Pursuing sustainability implies setting a multitude of open-ended goals to address environmental and socioeconomic issues today as well those for future generations. The circular economy (CE) paradigm appears more focused regarding agency by using the economic system. However, companies governments aiming operationalize CE in practice, it has been claimed, will face six key challenges limiting “net impact” potential. This work focuses on manufacturers adopt their business. two levers...

Abstract Participation of women on corporate boards has long been a topic debate in academia and practice. Yet, the threshold women's participation board to obtain synergetic impact sustainability performance remains be examined. Data from 19 European countries, having 2640 firm-year observation, this study revealed that positively affect context, with an approximately 30% (WoB) ensuring impact. This further after WoB participation, market value companies tends negative setting. An...

By analysing 796 companies' data from 21 European countries, this research uncovered the nexus between institutional quality (IQ) and corporate sustainable performance (CSP). The relationship was theoretically examined with lens of theory then empirically tested. findings show that IQ has a positive significant impact in safeguarding CSP, firms' characteristics play an essential preamble regard. We additionally found heterogeneous on CSP. To come to conclusion, we have applied random effect,...

The purpose of this paper is to contribute the management accounting literature by reviewing how previous studies conceptualised relationship between sustainability reporting and control systems, analysing main themes discussing potential future developments systems (SRMCS) research agenda. This study builds on structured review method categorising synthesising 15 years into topic “sustainability control”. Approximately 500 relevant articles were identified in first round searching Google...

Purpose This study aims to examine the factors that influence relationship between sustainability and financial performance (FP) of European listed companies. Design/methodology/approach analyzed data from 795 companies in 21 countries by applying linear mixed-effects multilevel regressions, a two steps system generalized method moments quantile regression models uncover links FP. Findings The past four decades have witnessed abundant research determine corporate Thus, conducting further...