In a 2010 special report, The Economist magazine termed the resurgence of state-owned, publicly listed enterprises “Leviathan Inc.” and criticized the poor governance and low efficiency of these firms. We compile a new comprehensive dataset of state ownership of publicly listed firms in 44...

We find that a non-trivial number of hedge funds that endorse the United Nations Principles for Responsible Investment (PRI) indulge in greenwashing. Hedge funds that greenwash underperform both genuinely green and nongreen funds after adjusting for risk. By exploiting the staggered adoption of...

Prior research suggests a positive link between corporate governance and corporate social responsibility (CSR). Environmental activities play an important role in a company’s CSR activities. This study finds that corporate governance is positively associated with environmental performance, and...

This chapter examines the association between corporate governance and environmental performance. The purpose of governance mechanisms is to build trust by ensuring that corporate responsibilities, including environmental responsibilities, are met. We obtain corporate governance data from the...

This paper contributes to theory on the impact of leader attributes on corporate behavior by exploring the relationship between gender composition in corporate leadership and environmental performance. Specifically, using a sample of 500 large US firms we examine a) the effects of women...