This paper examines the effects of board co-option on corporate social responsibility. Using a sample of U.S. firms over the period 2000-2018, we find that corporate social responsibility is adversely influenced by co-opted directors. Specifically, our results indicate that board co-option is...

The Dasgupta Review takes a global perspective. Biodiversity varies geographically, and the success of biodiversity actions is sensitive to national institutional and socio-ecological conditions. Therefore, the implementation of the options for change (OCs) suggested by the Review calls for a...

Private investors are an increasingly important voice in sustainability challenges. We examine investors' attitudes and behavior towards sustainable investing through a survey of 5,030 Finnish private investors. We document that 60 percent of all respondents consider environmental, social, and...

This paper investigates the effect of the Research and Development (R&D) intensity of the firm on the use of management control systems, capital budgeting methods and the methods to determine the cost of capital. Based on earlier literature, we develop several hypotheses that we test...

This paper investigates the effect of the Research and Development (R&D) intensity of the firm on the use of management control systems, capital budgeting methods and the methods to determine the cost of capital. Based on earlier literature, we develop several hypotheses that we test...

Purpose – This study aims to describe and explain the design of management accounting and control systems (MACS) in the growth and revival stages of the organizational life‐cycle of the firm. In addition, it explores how the presence of equity capital investors affects the design of MACS in...

Private investors are an increasingly important voice in sustainability challenges. We examine investors' attitudes and behavior towards sustainable investing through a survey of 5,030 Finnish private investors. We document that 60 percent of all respondents consider environmental, social, and...