The last decade has experienced an important expansion of openness on firm environmental practices and an increased level of environmental disclosure. An open question remains, however, on the extent to which firms fully commit to the principle of widespread disclosure of their impact on the...

This paper aims to study the possible relationship between gender diversity and the impact this could have for enhancement of businesses bottom line. There is compelling evidence from the literature to suggest that all else being equal women are more inclined to act ethically as opposed to men...

Corporate social responsibility (CSR) is an expanding area of activity for managers and academics. Increases in consumer demand for fair trade goods and growth in assets under professional management and invested with a social responsibility focus are driving demands for information not provided...

This paper contributes to the literature by examining whether LGBTQ-friendly employee policies foster corporate innovation. Using data on U.S. firms from 2003 to 2017, we document that LGBTQ friendliness has a positive influence on innovation intensity and quality. Specifically, our results...

The corporate purpose debate is experiencing a renaissance. The contours of the modern debate are relatively well developed and typically focus on whether corporations should pursue shareholder value maximization or broader social aims. A related subject that has received much less scholarly...

For most of the twentieth century the conventional wisdom held — probably correctly — that shareholders in America's large corporations were passive and powerless and that real power in a public corporation was wielded by its managers. Beginning in the 1980s, however, shareholders in the...

Wage theft is the largest form of theft committed in the U.S. Typical violations related to wage theft include the lack of payment for overtime hours or forcing employees to underreport hours worked. We find that government contracting has an important effect on firm employees as it reduces wage...

Over recent years there has been a focus in corporate activity upon the concept of corporate social responsibility (CSR) and one of its central platforms, the notion of sustainability, and particularly sustainable development. We argue in this paper that the use of such a term has the effect of...

Our study of 267 U.S. firms shows that improved environmental risk management is associated with a lower cost of capital. Our findings provide an alternative perspective on the environmental - economic performance relationship, which has been dominated by the view that improvements in economic...

Corporate social responsibility (CSR) is an expanding area of activity for managers and academics. Increases in consumer demand for fair trade goods and growth in assets under professional management and invested with a social responsibility focus are driving demands for information not provided...