Since the financial crisis of 2008-09, non financial-related shareholder activism increased, as public interest entities (PIEs) should strengthen their environmental, social and governance (ESG) activities. The aim of this study is whether institutional ownership (IO) has an impact on ESG...

Purpose – Based on stakeholder and upper echelons theory, this study analyses whether the link between environmental, social and governance (ESG) performance and financial performance is moderated by Chief executive officer (CEO) power. Design/methodology/approach - Listed corporations with...

For the last two decades, board diversity is increasingly considered as a significant mechanism of good corporate governance. Thus, the question arises whether a heterogeneously or rather a homogenously composed board contributes to the efficiency of a company's management and monitoring....