Financial benefits of an ISO 9001 certification
Several companies in Iceland have received ISO 9001 certification in recent years. It has been researched qualitatively whether there is a financial benefit from getting ISO 9001 certification in Iceland but it has never been researched quantitatively. In this research all ISO 9001 certified compani...
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ftskemman:oai:skemman.is:1946/12966 2023-05-15T16:44:51+02:00 Financial benefits of an ISO 9001 certification Ari Hróbjartsson 1983- Háskólinn í Reykjavík 2012-05 application/pdf http://hdl.handle.net/1946/12966 en eng http://hdl.handle.net/1946/12966 Gæðastjórnun Vottun Verkefnastjórnun Meistaraprófsritgerðir Tækni- og verkfræðideild MPM Organizational effectiveness School of Science and Engineering Master of project management Thesis Master's 2012 ftskemman 2022-12-11T06:53:13Z Several companies in Iceland have received ISO 9001 certification in recent years. It has been researched qualitatively whether there is a financial benefit from getting ISO 9001 certification in Iceland but it has never been researched quantitatively. In this research all ISO 9001 certified companies that were operating in a competitive market in Iceland were compared to similar companies in an effort to find out if there was a financial benefit from becoming ISO 9001 certified. The result of this research is that there is a significant positive difference between ISO 9001 certified companies in Iceland and companies without certification. The certified companies had a significant higher gross profit margins and return on sales ratio. There was also a difference in financial health of the certified companies from the non-certified companies where certified companies had lower debt ratio than companies that were not certified. Thesis Iceland Skemman (Iceland) |
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Skemman (Iceland) |
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ftskemman |
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English |
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Gæðastjórnun Vottun Verkefnastjórnun Meistaraprófsritgerðir Tækni- og verkfræðideild MPM Organizational effectiveness School of Science and Engineering Master of project management |
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Gæðastjórnun Vottun Verkefnastjórnun Meistaraprófsritgerðir Tækni- og verkfræðideild MPM Organizational effectiveness School of Science and Engineering Master of project management Ari Hróbjartsson 1983- Financial benefits of an ISO 9001 certification |
topic_facet |
Gæðastjórnun Vottun Verkefnastjórnun Meistaraprófsritgerðir Tækni- og verkfræðideild MPM Organizational effectiveness School of Science and Engineering Master of project management |
description |
Several companies in Iceland have received ISO 9001 certification in recent years. It has been researched qualitatively whether there is a financial benefit from getting ISO 9001 certification in Iceland but it has never been researched quantitatively. In this research all ISO 9001 certified companies that were operating in a competitive market in Iceland were compared to similar companies in an effort to find out if there was a financial benefit from becoming ISO 9001 certified. The result of this research is that there is a significant positive difference between ISO 9001 certified companies in Iceland and companies without certification. The certified companies had a significant higher gross profit margins and return on sales ratio. There was also a difference in financial health of the certified companies from the non-certified companies where certified companies had lower debt ratio than companies that were not certified. |
author2 |
Háskólinn í Reykjavík |
format |
Thesis |
author |
Ari Hróbjartsson 1983- |
author_facet |
Ari Hróbjartsson 1983- |
author_sort |
Ari Hróbjartsson 1983- |
title |
Financial benefits of an ISO 9001 certification |
title_short |
Financial benefits of an ISO 9001 certification |
title_full |
Financial benefits of an ISO 9001 certification |
title_fullStr |
Financial benefits of an ISO 9001 certification |
title_full_unstemmed |
Financial benefits of an ISO 9001 certification |
title_sort |
financial benefits of an iso 9001 certification |
publishDate |
2012 |
url |
http://hdl.handle.net/1946/12966 |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
http://hdl.handle.net/1946/12966 |
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1766035094728867840 |