ES risks and shareholder voice

We examine whether shareholder votes in environmental and social (ES) proposals are informative about firms’ ES risks. ES proposals are unique in that they nearly always fail. We examine whether mutual funds’ support for these failed proposals contains information about the ES risks that firms face....

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Bibliographic Details
Main Authors: He, YE, Kahraman, B, Lowry, M
Format: Journal article
Language:English
Published: Oxford University Press 2023