Do institutional investors drive corporate social responsibility? International evidence
This paper assesses whether shareholders drive the environmental and social (E&S) performance of firms worldwide. Across 41 countries, institutional ownership is positively associated with E&S performance with additional tests suggesting this relation is causal. Institutions are motivated by...
Main Authors: | , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Elsevier B.V.
2019
|
Subjects: | |
Online Access: | View Fulltext in Publisher |