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This article introduces an exploratory framework which, on a conceptual level, suggests that the United Nations Principles for Responsible Investment can contribute to the accessibility of responsible investment and encourage institutional investors to undertake it. By co-operating with leaders...
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There is a move towards more use of engagement strategies in responsible investment. This change in strategies is … motivated by a number of claims about the effectiveness of engagement versus exclusion of companies from the investment universe …. This paper examines the basis for three central claims: i) That engagement, in contrast to exclusion, does not reduce the …
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Ownership has been identified as a key mechanism in corporate governance. Agency theory suggests that high levels of ownership provide increased incentive for shareholders to monitor firm management which should lead to better firm performance. However, not every shareholder may have the same...
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