SSE students awarded for thesis on CSR
Anna Zhan and Josefin Halvarsson have received a prize for their bachelor thesis - "Corporate Social Responsibility and the Cost of Capital: Is CSR priced in the Swedish capital market?"
The prize of SEK 25 000 is awarded at the graduation ceremony at Umeå School of Business and Economics, on June 3.
The thesis prize in Business Administration and Sustainability is awarded by the Research Institute for Sustainability and Ethics in Business (RiseB.se) at Umeå University and Umeå Energi 2016.
In the winning thesis by Zhan och Halvarsson, the debated issue of sustainability initiatives and company capital costs is studied. In the thesis it is shown that more investments in sustainability give companies discounted financing of their capital costs which is of essence for future financing and investment decisions. The thesis is well written and excellently carried out methodologically with a high potential to influence more companies to invest in environmental initiatives for both moral and financial reasons.
The authors have written the winning thesis at the Department of Accounting at and their supervisor was Florian Eugster.