Hoepner, Andreas; Aguiar, Thereza; Majithia, Ravi - In: Journal of Business Ethics 119 (2014) 3, pp. 329-348
The present paper explores, theoretically, and empirically, whether compliance with the International Code of marketing of breast-milk substitutes impacts on financial performance measured by stock markets. The empirical analysis, which considers a 20-year period, shows that stock markets are...