This paper provides results consistent with the proposition that engagement by and threat of deletion from a responsible investment index motivated persistent improvements to corporate environmental management practices, especially for firms where the threat of exclusion from the index was...

We use an experimental setting to investigate the impact of investor engagement and management attitudes on the reporting and performance of climate change management. Our results show that engaged companies were more likely than the control group to improve both their climate change reporting...

We examine the ability of a socially responsible investment index to effect firms' compliance with best-practice climate-change management and the subsequent impact on their carbon emissions. Using a quasi-experimental setting involving an international sample of large public companies we show...

Using over 18 thousand cases from 3,541 companies drawn from 30 developed countries over the period 2002 to 2010 we analyse the impact of strategic shareholdings on different elements of corporate social responsibility (CSR). We find that total strategic shareholdings adversely affect the...

We investigate the impact of employee treatment on labor investment efficiency. We provide evidence that employee-friendly treatment is significantly associated with lower deviations of labor investment from the level justified by economic fundamentals, i.e., higher labor investment efficiency....

This study investigates the impact of real earnings smoothing on labour investment efficiency. Our results show that real earnings smoothing is significantly associated with higher labour investment efficiency, supporting the private information signalling view of earnings smoothing. We also...