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Influence of Companies’ Environmental, Social, and Corporate Governance (ESG) Practices on Employee Intention to Stay

datacite.subject.fosCiências Naturais::Ciências da Computação e da Informaçãopt_PT
dc.contributor.advisorCosta, Maria Manuela Simões Aparício da
dc.contributor.authorCorreia, João Maria Moreira Botas Garcia
dc.date.accessioned2024-11-20T15:56:20Z
dc.date.available2024-11-20T15:56:20Z
dc.date.issued2024-10-23
dc.descriptionDissertation presented as the partial requirement for obtaining a Master's degree in Information Management, specialization in Information Systems and Technologies Managementpt_PT
dc.description.abstractIn the context of contemporary business, Environmental, Social, and Corporate Governance (ESG) considerations are increasingly recognized for their role in promoting sustainable practices and their impact on employee well-being, attitudes, and behaviours. Assessing the influence of a company's ESG practices on employee retention is vital for fostering commitment and a positive work environment, highlighting the importance of businesses being mindful of their ESG effects on employees. Despite existing research on ESG scores and reporting, there is a need for further exploration into how these practices directly affect employees and their intention to stay with their employers. This study aims to fill this gap by developing a theoretical model to explain the relationship between ESG practices and employee retention. The study seeks to answer the following questions: Do employees value ESG practices carried out by their employers? Which ESG practices/factors influence employees’ intention to stay the most? How does greenwashing influence employees’ intention to stay? A quantitative methodological approach was utilized in this study, specifically employing a Structural Equation Modelling/Partial Least Squares (SEM/PLS) model to test the proposed relationships. The study involved collecting data from employees across various companies to ensure a comprehensive understanding of how different ESG practices are perceived. The results revealed that employees value different ESG practices in varying ways. Social practices were found to boost job satisfaction, while greenwashing negatively impacted it. Furthermore, environmental and governance practices did not directly affect job satisfaction or retention. The study also found that job satisfaction mediates the impact of social practices and greenwashing on retention, emphasizing the need for genuine practices and age-specific retention strategies. Age was also found to be positively correlated with intention to stay, with older employees more likely to remain with their employers. Overall, the findings suggest that companies should focus on implementing authentic social practices to enhance employee satisfaction and retention. Moreover, avoiding greenwashing is crucial to maintaining trust and commitment among employees. This research provides valuable insights for businesses aiming to improve their ESG strategies and foster a more committed and satisfied workforce.pt_PT
dc.identifier.tid203777298pt_PT
dc.identifier.urihttp://hdl.handle.net/10362/175556
dc.language.isoengpt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectESGpt_PT
dc.subjectEnvironmental, Social, and Corporate Governancept_PT
dc.subjectGreenwashingpt_PT
dc.subjectJob Satisfactionpt_PT
dc.subjectEmployee Intention to Staypt_PT
dc.subjectSDG 8 - Decent work and economic growthpt_PT
dc.subjectSDG 9 - Industry, innovation and infrastructurept_PT
dc.titleInfluence of Companies’ Environmental, Social, and Corporate Governance (ESG) Practices on Employee Intention to Staypt_PT
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsembargoedAccesspt_PT
rcaap.typemasterThesispt_PT
thesis.degree.nameMestrado em Gestão de Informação, especialização em Gestão dos Sistemas e Tecnologias de Informaçãopt_PT

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