Ethical and instrumental arguments for paying attention to stakeholders’ demands have flourished inside and outside academia, especially since the Great Recession. So far, however, we are still missing the actual level of adoption of stakeholder management practices and, more importantly, the...

There are two competing narratives on the role of business in climate change. One tends to focus on institutional and sectoral changes (particularly, more stringent environmental regulation and further progress in technological frontiers) to drive down carbon emissions because managers will...