How Investors Can (and Can't) Create Social Value
Most investors have a single goal: to earn the highest financial return. These socially-neutral investors maximize their risk-adjus
Most investors have a single goal: to earn the highest financial return. These socially-neutral investors maximize their risk-adjus
This cross-country study focuses on internal rather than external corporate social responsibility (CSR).
While the importance of Physical Capital, Human Capital, and Intellectual Capital in corporations is well understood, there is another ty
In a 2010 special report, The Economist called the resurgence of state-owned mega-enterprises, especially those in emerging economies, “L
A half century ago, corporate legal theory pursued an institutional vision in which corporations and the law that creates them protect pe
We study investor activism promoting environmental, social and governance (ESG) improvements by means of a proprietary dataset covering 6
Do corporate donations enhance shareholder wealth or reflect agency problems?