- Activism •
- Corporate Social Responsibility •
- socially responsible investing (SRI) •
- engagement •
- Environmental •
- social and governance (ESG)
We study behind-the-scenes investor activism promoting environmental, social, and governance (ESG) improvements by means of a proprietary dataset of a large international, socially responsible activist fund. We examine the activist's target selection, forms of engagement, impact on ESG performance, drivers of success, and effects on the targets' operations and value creation.