The Securities and Exchange Commission is at the center of one of the fiercest debates in climate policy and corporate governance: What should U.S. public companies disclose about their climate change risks and other ESG issues? The debate has been intractable for fifty years. Activists and...

We investigate real effects of a widespread corporate social responsibility (CSR) reporting mandate. In 2014, the European Union (EU) passed Directive 2014/95 (hereafter, “CSR Directive”), mandating large listed EU firms to prepare annual nonfinancial reports beginning from fiscal year 2017...

We investigate real effects of a widespread corporate social responsibility (CSR) reporting mandate. In 2014, the European Union (EU) passed Directive 2014/95 (hereafter, “CSR Directive”), mandating large listed EU firms to prepare annual nonfinancial reports beginning from fiscal year 2017...

We study the potential negative externalities of mandatory environmental, social, and governance (ESG) disclosure. Our analysis exploits a unique regulatory change in China that requires a subset of firms to report their contributions to poverty alleviation—on top of reporting general ESG...

Archival research suggests that female executives have an impact on corporate decision-making and generally finds positive associations between female board representation and Corporate Social Responsibility (CSR) performance. However, archival research does not reveal why female executives...

Ethical-factor investing is investment decision-making that takes into account ethical factors. It includes faith-based investing, Environmental, Social or Governance (ESG) investing, and sustainable investing. It is becoming more and more widespread. This has occurred despite a lack of widely...

Much thought has been given by EU institutional actors to how to encourage real change by companies around sustainability matters. This paper recognises that an important part of that jigsaw lies in the replacement of the Non-Financial Reporting Directive’s limited vision with the Corporate...

The rise of shale gas and tight oil development has triggered a major debate about hydraulic fracturing (HF). In an effort to bring light to HF practices and their potential risks to water quality, many U.S. states have mandated disclosure for HF wells and the fluids used. We employ this setting...

Famous environmental claims implicating well-known corporations have already been reviewed by several publications, such as "Corporate Crime and Violence" (Russell Mokhiber, 1988). Such publications may not eventually achieve to either stress or even imply to a broader audience the relevance of...