This survey examines the vibrant academic literature on environmental, social, and
governance (ESG) investing. While there is no consensus on the exact list of ESG issues …

In this article, we review recent archival research (66 studies) on the influence of institutional
ownership (IO) heterogeneity on corporate sustainability. Relying on an agency‐theoretical …

Exploiting the unique features of the CDP, the world-leading platform of corporate climate
risk disclosures, we study the relationship between institutional investors' demand for …

Purpose Adopting agency theory, the purpose of this study is to explore the impact of
ownership structure and board of directors' composition on the extent of tax avoidance …

This paper investigates the impact of capital market liberalization on green innovation. In our
theoretical examination, we empirically analyze data on 1,693 listed firms in China in 2008 …

This study uses two distinct quasi-natural experiments to examine the effect of institutional
shareholders on corporate social responsibility (CSR). We first find that an exogenous …

This paper assesses whether shareholders drive the environmental and social (E&S)
performance of firms worldwide. Across 41 countries, institutional ownership is positively …

Corporate customers are an important stakeholder in global supply chains. We employ
several unique international databases to test whether socially responsible corporate …

The paper aims to investigate the impact of corporate governance (CG) measures on firm
performance and the role of managerial behavior on the relationship of corporate …

Passive institutional investors are an increasingly important component of US stock
ownership. To examine whether and by which mechanisms passive investors influence …