Darnall, Nicole; Iatridis, Konstantinos; Kesidou, Effie; … - 2023
acts as a credible market “signal” that legitimizes firms’ latent sustainability practices while improving their market … adoption and their market value and their sustainability performance appear positive. However, beyond a tipping point of 2 ISSs …, firms’ market gains decline, even though their sustainability performance continues to improve until a tipping point of 3 …