The quality and diversity of a fund’s investment team has long been viewed as a critical part of its success and a potential driver of performance. Yet because active fund management still lacks gender diversity, there are likely additional benefits to be realized.This study leverages a novel...

This paper provides results consistent with the proposition that engagement by and threat of deletion from a responsible investment index motivated persistent improvements to corporate environmental management practices, especially for firms where the threat of exclusion from the index was...

Debates about the legality of socially responsible investing (SRI) with regard to institutional investors' fiduciary duties have focused on whether SRI is “financially material” to investment performance. This article examines the less considered question of whether SRI may also be legally...

The aim of this paper is to measure the relationship between corporate governance and the performance of firms in Nigeria. To achieve this objective, we use Return on equity, Net profit margin, Sales growth, Dividend yield, and Stock prices/values as the key variables that defined the...

The financial crisis clearly highlighted that stakeholder interests were not adequately defended, and exposed failings in the traditional lines of defense that the stakeholders rely upon to defend their interests. This paper identifies these traditional lines of defense and suggests that...

We examine the impact of informational and social analyst team diversity on forecast performance. We find that informational diversity is associated with less timely forecasts, whilst it is associated with more accurate forecasts. These findings are consistent with the group dynamics literature...

This is an empirical study of the relationship between Corporate Social Responsibility (CSR), financial performance and risk at U.S. banks from 1998-2010. The results are striking. First, there is a positive relationship between CSR and both operating performance and firm value. This result is...

The growth of the asset management industry from a niche player in the financial system to one of its fundamental pillars has brought about policy implications and a shift in rationalising regulatory interference in investment law. Thus, this chapter explores the development of policy objectives...

Corporate defence represents an organisation's program for self defence or self protection. This paper explains the concept in more detail and explores where business continuity fits into the corporate defence paradigm. The changing nature of corporate defence in the 21st century is discussed...