Shareholder activism on sustainability issues has become increasingly prevalent over the years, with the number of …,665 shareholder proposals that address environmental and social issues as financially material or immaterial, and we analyze how … valuation. We find that 42 percent of the shareholder proposals in our sample are filed on financially material issues. We …

Currently, there is much debate about the role that non-investor stakeholder interests play in the governance of public … companies. Critics argue that greater attention should be paid to the interest of stakeholders and that by investing in … more equitably shared among investors and society. However, advocacy for a more stakeholder-centric governance model is …

policies institutional investors often say they are long-term shareholders, socially responsible investors, or stakeholder …