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Published: 18 May, 2022

Siemens Financial Services Best Student Thesis Award

NEWS The prize is awarded to Patric Beijer and Moa Pålsson, Umeå School of Business, Economics and Statistics. The thesis entitled “Corporate Sustainability Performance and the Risk of Financial Distress” will be awarded 20.000 SEK at Umea School of Business, Economics and Statistics’ graduation ceremony 2022.

The jury mention in their decision that the winning thesis has a motivated and current research question, that is commendable analyzed with relevant methods. The thesis, that is well written, contribute with both theoretical and practical knowledge regarding the relation between firms’ sustainability performance and the risk of financial distress. 
The price, which is handed out as a scholarship, has been made financially possible through USBE’s collaboration with Siemens Financial Services.

Comment from Siemens

– We are very pleased to have entered into this collaboration with USBE and to give the award this year to a very well-written and interesting thesis that highlights a modern and prominent topic within the financial sector.

Moa Pålsson

– I feel incredibly honored to receive Siemens Financial Services scholarship 2022 for the thesis that I wrote along with Patric last spring.

– I think that the most important thing is to write about a topic that you really care about and everything else will fall into place. I feel proud of our thesis and I hope that it will inspire other students as we were inspired by the work of students before us.

– I like to thank our supervisor Catherine for the valuable feedback that we got throughout the process of writing the thesis. I would also like to thank my family and friends for all the support.

Patric Beijer

– Wow! It really warms my heart to receive this scholarship. We worked very hard on our thesis, and I hope that it can serve as inspiration to further research by other students as well as a contribution to research within sustainability topics.

– I would like to thank Siemens Financial Services and USBE for the scholarship and Moa Pålsson for a great teamwork. Lastly a huge thank you to Catherine Lions for great motivation and feedback.

The thesis supervisor was Catherine Lions. 

The thesis can be found here.