Barko, Tamas; Cremers, Martijn; Renneboog, Luc - In: Journal of business ethics : JBE 180 (2022) 2, pp. 777-812
We study behind-the-scenes investor activism promoting environmental, social, and governance (ESG) improvements by means of a proprietary dataset of a large international, socially responsible activist fund. We examine the activist’s target selection, forms of engagement, impact on ESG...