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  • 标题:The impact of sustainability practices on financial performance: empirical evidence from Sweden
  • 本地全文:下载
  • 作者:Duc Cuong Pham ; Thi Ngoc Anh Do ; Thanh Nga Doan
  • 期刊名称:Cogent Business & Management
  • 电子版ISSN:2331-1975
  • 出版年度:2021
  • 卷号:8
  • 期号:1
  • 页码:1912526
  • DOI:10.1080/23311975.2021.1912526
  • 出版社:Taylor and Francis Ltd
  • 摘要:This study aims at empirically exploring the influence of sustainability practices on the finan cial performance of 116 listed Swedish companies in the year 2019. The research findings indicate a positive relationship between corporate sustainability and financial performance that is measured by earnings yield, return on asset, return on equity and return on capital employed. However, when it comes to a market-based financial measure, Tobin’s Q, the result is inconclusive. Finally, to improve financial performance, firms are recommended to e ngaging in Dow Jones Sustainability Index, prepare their sustainability report in accordance with Global Reporting Initiative (GRI) Standards, improve their sustainable growth rate, as well as keep a high position in the corporate social responsibility ranking.
  • 关键词:sustainability ; sustainable development ; green initiatives ; financial performance
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