Veda Fatmy

Postdoctoral Researcher

Ph.D. Finance
School of Accounting and Finance, Finance Group
Wolffintie 32, 65200 Vaasa
Tervahovi D209

Publications:

Fatmy, V., Sihvonen, J., & Vähämaa, S. (2025). LGBTQ-friendly employee policies and corporate innovation. International Review of Financial Analysis, forthcoming. pdf

Grobys, K., Fatmy, V. & Rajalin, T. (2024). Combining low volatility and momentum: recent evidence from the Nordic equities. Applied Economics, pp. 1-17. pdf

Dimic, N., Fatmy, V. & Vähämaa, S. (2024). Religiosity and corporate social responsibility: A study of firm-level adherence to Christian values in the U.S. Corporate Social Responsibility and Environmental Management, Vol. 31, No. 1, pp. 396-413. pdf

Fatmy, V., Kihn, J., Sihvonen, J. & Vähämaa, S. (2022). Does lesbian and gay friendliness pay off? A new look at LGBT policies and firm performance. Accounting and Finance, Vol. 62, No. 1, pp. 213-242. pdf

Working Papers:

Fatmy, V., Haavisto, V., & Äijo, J. (2025). Corporate social responsibility and financial performance in Europe: The moderating effects of industry, culture, and governance.

Fatmy, V. (2025). Corporate layoffs during the COVID-19 pandemic: the moderating role of social responsibility and governance. Working paper. Presented at the Nordic Corporate Governance Network's Online Workshop.

Fatmy, V., Pham, L., & Vähämaa, S. (2025). Attitudes towards climate change and bank climate risk disclosures. Working paper.

de Moraes, C. O., Fatmy, V., Vähämaa, S., & Zhukova, M. (2025). Brown lending, greenwashing and bank performance. Working paper.

Fatmy, V., Kihn, J., Sihvonen, J., & Vähämaa, S. (2025). A closer look at LGBT policies and firm performance. Working paper.

 

Media Coverage of Research:

FORBES:

Pride Pays: LGBT-Friendly Businesses are More Profitable, Research Shows

Helsingin Sanomat (in Finnish):

Rahoituksen professori tutki, miten seksuaali­vähemmistöjen huomioiminen vaikuttaa yritysten kannattavuuteen

Association of MBA's (AMBA):

LGBTQ-inclusive corporate policies pay off

YLE (in Finnish):

Yhdysvalloissa yritykset tahkoavat rahaa huomioimalla seksuaalivähemmistöt, mutta Suomessa ollaan vielä lapsenkengissä

Business Insider Deutschland (in German):

Genderneutrale Sprache und Pride-Netzwerke: So LGBT+ -freundlich sind SAP, Delivery Hero und Co.