Sustainability disclosure and its impact on firm's value for Energy and Healthcare industry

Abstract This paper investigates the relationship between sustainability disclosure measured through the combined and individual environmental, social, and governance (ESG) scores and the value of European companies from energy and health care industries. The reasons for this research are the increased awareness of sustainability disclosure, the inclusion of nonfinancial information in corporate reporting and possible added value to the company, the ongoing COVID-19 pandemic, and its impact on the global economy. The sample consists of 305 observations for 61 European companies from different categories in the energy industry and 225 observations for 45 European companies in the health care industry. To apply the research model to the samples of companies set as panel data, two linear regressions were designed, each using a different dependent variable to increase the reliability of the outputs. The results indicate a negative and significant correlation between the environmental factor and firms’ value for the energy sector and no influence of the sustainability disclosure on the value of companies in the health care industry. The research contributes to the literature by addressing the impact of sustainability disclosure on the value of the European companies from sensitive industries, using both the combined and individual ESG scores to measure sustainability disclosure. Furthermore, the study encourages other academic research on this subject.

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The impact of DRGs on the health care industry

Health Care Management Review ◽

10.1097/00004010-198701230-00011 ◽

1987 ◽

Vol 12 (3) ◽

pp. 61-74 ◽

Cited By ~ 5

Author(s):

Warren Balinsky ◽

Jodi L. Starkman

Keyword(s):

Health Care ◽

Health Care Industry ◽

Care Industry ◽

The Impact

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The impact of job security, job satisfaction and job embeddedness on employee retention: an empirical investigation of Pakistan’s health-care industry

Journal of Asia Business Studies ◽

10.1108/jabs-12-2020-0480 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Attia Aman-Ullah ◽

Azelin Aziz ◽

Hadziroh Ibrahim ◽

Waqas Mehmood ◽

Yasir Abdullah Abbas

Keyword(s):

Job Satisfaction ◽

Health Care ◽

Employee Retention ◽

Health Care Industry ◽

Job Security ◽

Job Embeddedness ◽

Public Hospitals ◽

Content Type ◽

Care Industry ◽

The Impact

Purpose The purpose of this study is to determine the impact of job security on doctors’ retention, with job satisfaction and job embeddedness as the mediators. In doing so, the authors seek to contribute to the existing literature by providing additional empirical evidence on the links between job security, job satisfaction, job embeddedness and employee retention by using social exchange theory. Design/methodology/approach An empirical study was conducted on doctors working in public hospitals in Pakistan. Data from selected public hospitals were collected using semi-structured questionnaires. The simple random sampling method was applied for participant selection and partial least squares-structural equation modelling was used for data analysis purposes. Findings The findings confirmed the direct and mediation relationships. Thus, all of this study’s hypotheses are supported. The results indicate that job security can improve doctors’ retention. Further, job satisfaction and job embeddedness play crucial roles in mediating the direct relationship. Originality/value This study elaborates job security in health-care sector of Pakistan and also provides empirical evidence of the antecedents and mediators of doctors’ intention to continue working in the health-care industry.

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Accumulation, Autonomy, and Expectations: Three Essays on the Impact of U.S. Health Care Industry Consolidation

10.7249/rgsd415 ◽

2018 ◽

Keyword(s):

Health Care ◽

Health Care Industry ◽

Care Industry ◽

Industry Consolidation ◽

The Impact

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Using regression splines to assess the impact of information technology investments on productivity in the health care industry

Information Systems Journal ◽

10.1111/j.1365-2575.2004.00160.x ◽

2004 ◽

Vol 14 (1) ◽

pp. 43-63 ◽

Cited By ~ 38

Author(s):

Myung Ko ◽

Kweku-Muata Osei-Bryson

Keyword(s):

Health Care ◽

Information Technology ◽

Health Care Industry ◽

Regression Splines ◽

Care Industry ◽

Information Technology Investments ◽

Technology Investments ◽

The Impact

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The Impact of Changes in Health Policy on the Market Performance of Firms in the Health Care Industry

Proceedings of the International Association for Business and Society ◽

10.5840/iabsproc1990127 ◽

1990 ◽

Vol 1 ◽

pp. 607-620

Author(s):

Carol K. Jacobson ◽

Keyword(s):

Health Care ◽

Health Policy ◽

Market Performance ◽

Health Care Industry ◽

Care Industry ◽

The Impact

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An investigation of healthcare supply chain management and patient responsiveness

International Journal of Pharmaceutical and Healthcare Marketing ◽

10.1108/ijphm-07-2017-0040 ◽

2018 ◽

Vol 12 (3) ◽

pp. 325-347 ◽

Cited By ~ 6

Author(s):

Abdussamet Polater ◽

Osman Demirdogen

Keyword(s):

Health Care ◽

Demand Forecasting ◽

Health Care Industry ◽

Public Hospitals ◽

Content Type ◽

Care Industry ◽

Supplier Performance ◽

Patient Responsiveness ◽

The Right ◽

The Impact

Purpose This study aims to focus on the impact of supply chain (SC) integration, demand forecasting and supplier performance on patient responsiveness at public hospitals through the mediating role of SC flexibility. Design/methodology/approach To measure the above stated correlation, a Likert scale with five points and 23 items was used and structural equation modeling was applied. The scale was applied to public hospitals. Statistical software programs (SPSS 18 and LISREL 8.8) were used to analyze the data. The analysis of reported statistics is based on a sample of 129 logistics and SC specialists at public hospitals in the cities representing different regions of Turkey. Findings The research hypotheses are supported as a result of the analysis. The research reveals that SC flexibility has a mediation effect between SC integration, demand forecasting, supplier performance and patient responsiveness. Practical implications The increasing number of population, geopolitical position, migration waves, man-made and natural disasters lead Turkish health-care industry to have effective SC plans to satisfy the patients’ needs successfully and reduce the effects of these fatal events. In this sense, SC flexibility is an important factor for health-care industry in responding changing patient demands. At this juncture, the main point is to bring required resources together in the right place and at the right time. Otherwise, health-care institutions cannot serve the affected people because of the non-availability of supply. To achieve it, public health-care institutions should give more importance to the SC principles. Originality/value Success in SC flexibility in health care can directly affect patient welfare. Thus, focusing on the patient responsiveness is an important aim of the health-care industry. However, it was determined that less attention has been given to understanding patient satisfaction as a result of SC operations. The results indicate that patient responsiveness improvement should be included into strategic plans, and SC efforts should be used as a means of satisfying patient needs quickly. To the best of our knowledge, this is the first study investigating the mentioned relationships at public hospitals. Findings of this paper will have a significant contribution for researchers and health-care professionals in understanding the impact of SC to patient responsiveness.

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