Essays about: "Nordic corporate governance model"

Showing result 1 - 5 of 8 essays containing the words Nordic corporate governance model.

  1. 1. Comply or Die: A Study of ESG Factor Returns and Volatility in the Nordic Countries from 2016 to 2022

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jean-Philippe Chakbazof; Amitesh Raghav; [2023]
    Keywords : ESG Factor; Nordic Compass; Fama Macbeth; Volatility Management; ESG Portfolio;

    Abstract : Using corporate environmental, social and governance (ESG) reporting data from 611 publicly traded firms in the Swedish House of Finance's Nordic Compass database, we estimate stock return and volatility exposures to an ESG factor during the period 2016-2022 in the Nordics. Using a Fama-Macbeth methodology, we find that during this time in the Nordic Countries exposure to an ESG factor is compensated with a risk premium and a volatility reduction in a Fama French 4 Factor model. READ MORE

  2. 2. What Difference Does It Make? : Comparative Panel Data Analysis of the Relationship Between CSR Initiatives and Board Composition in Sweden and the United States

    University essay from Umeå universitet/Handelshögskolan vid Umeå universitet (USBE); Umeå universitet/Företagsekonomi

    Author : Kristina Björling; Viktor Hansson; [2023]
    Keywords : CSR; ESG; Corporate Governance; Gender Diversity; Board Independence; CEO Duality; Inclusion; Board Compositions; Agency Theory; Resource Dependence Theory; Critical Mass Theory; Hofstede’s National Cultural Theory.;

    Abstract : More companies have responded to the call for action, increasing their attention to the 17 Sustainable Development Goals. Corporate governance structures have proven to have an effect on how well companies are able to facilitate a sustainable trajectory, all influenced by values and norms. READ MORE

  3. 3. Excess Cash holdings and Acquisitions: A study on Nordic firms

    University essay from Göteborgs universitet/Graduate School

    Author : Hannes Sandström; Lingjun Zhang; [2020-07-08]
    Keywords : Cash holdings; Excess cash; Mergers and acquisitions; Corporate governance; Agency conflicts; Free cash flow theories; Information asymmetries; Cash holding motives;

    Abstract : By adapting a well-recognized model for estimating normal cash holdings, this study examines if Nordic public firms with excess cash have a higher likelihood of performing acquisitions. Given that firms have access to capital markets, firms should be able to fund positive net present value projects regardless of current cash levels. READ MORE

  4. 4. The Relationship Between CSR and Stock Price Crash Risk and the Impact of Mandatory Sustainability Disclosure Regulation - A Study on Listed Nordic Companies

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Andi Kullashi; Oscar Franzén Ehrlich; [2020]
    Keywords : Corporate Social Responsibility; Stock Price Crash Risk; Mandatory Sustainability Disclosure; Accounting Transparency;

    Abstract : This study examines the association between corporate social responsibility (CSR) and stock price crash risk in listed Nordic companies using data from 2014-2019, and if mandatory sustainability disclosure regulation has an impact on this association in Sweden and Finland. A CSR based model explaining stock price crash risk is employed to test the aforementioned. READ MORE

  5. 5. How the Nordic countries approach CSR and MSI : A study of firms’ CSR actions. The Nordic model.

    University essay from KTH/Industriell ekonomi och organisation (Inst.)

    Author : Elisabeth Axelson; [2018]
    Keywords : corporate social responsibility; sustainable development; Nordic model; institutions; multi-stakeholder initiatives; UN Global Compact; SDGs.; CSR; företags samhällsansvar; hållbar utveckling; nordisk modell; institutioner; multi-stakeholder initiatives; UN Global Compact; SDGs.;

    Abstract : There is an increasing demand for the private sector to include corporate social responsibility in their business and everyday work. This thesis has studied the corporate responsibility of firms in the Nordic countries (Denmark, Finland, Norway and Sweden), compared with firms in 18 other OECD countries. READ MORE