In light of current climate change discussions, this paper analyzes the effect of ownership structure on a firm's environmental performance with a subsequent focus on corporate emission reduction. Based on a cross-national European sample consisting of 7384 firm-year observations between 2008...

This article examines how the passage of the EU Taxonomy Regulation (TR) has affected the realized returns of TR-aligned companies. The TR introduces a new classification scheme for environmentally sustainable economic activities as an alternative to traditional environmental, social, and...

This study examines determinants of materiality disclosure quality (MDQ) in integrated reporting (IR) in an international setting. To this purpose, we constructed a novel, hand-collected MDQ score in line with the IR guiding principles introduced by the International Integrated Reporting Council...

This paper studies the association between ownership by socially responsible investors (SRIs) and firm outcomes. In particular, we examine their impact on firm value and firm risk. Since the inclusion of environmental, social, and governmental (ESG) issues in investment decisions is not directly...