The role of sustainability assurance in the relationship between corporate sustainability performance and corporate financial performance
| dc.contributor.advisor | Braam, Geert | |
| dc.contributor.author | Nab, Bas | |
| dc.date.issued | 2024-07-03 | |
| dc.description.abstract | This study examines whether and how different choices related to sustainability assurance may be associated with different combinations of corporate sustainability performance and corporate financial performance. Due to new regulations and the increased demand from investors and stakeholders for sustainability reporting and assurance, companies are increasingly considered responsible and accountable for their activities that impact the world and society. This study argues that firm performance, in terms of financial and sustainability performance, is associated with the various decisions made concerning sustainability assurance. This study uses a multilevel logistic regression to examine whether different choices related to sustainability assurance are associated with various combinations of corporate sustainability performance and corporate financial performance, using a sample of 909 firm-year observations from 345 unique companies across 19 European and three North American countries from 2014 to 2018. The results indicate that companies with superior corporate sustainability performance and corporate financial performance are more likely decide to opt for a full scope with reasonable assurance, providing evidence in favor of signaling theory. This research also finds that the effects of several combinations related to sustainability assurance are stronger in stakeholder-oriented countries. This latter result indicates that country-specific factors also have an effect on sustainability assurance decisions. | |
| dc.identifier.uri | https://theses.ubn.ru.nl/handle/123456789/17438 | |
| dc.language.iso | en | |
| dc.thesis.faculty | Faculteit der Managementwetenschappen | |
| dc.thesis.specialisation | specialisations::Faculteit der Managementwetenschappen::Master Economics::Accounting & Control | |
| dc.thesis.studyprogramme | studyprogrammes::Faculteit der Managementwetenschappen::Master Economics | |
| dc.thesis.type | Master | |
| dc.title | The role of sustainability assurance in the relationship between corporate sustainability performance and corporate financial performance |