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...

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Bibliographic Details
Main Authors: Dyck, A. (Author), Lins, K.V (Author), Roth, L. (Author), Wagner, H.F (Author)
Format: Article
Language:English
Published: Elsevier B.V. 2019
Subjects:
Online Access:View Fulltext in Publisher