Strong forms of the stakeholder model of corporate governance hold that, in making business decisions, directors should consider the interests of all corporate constituencies (employees, customers, suppliers, shareholders, etc.) in such a way that directors may sometimes decide to transfer value...

Purpose: This research aims to explore the link between corporate governance mechanism and stock price crash risk under the complementary role of IFRS adoption in Pakistan.Design/methodology/approach: Data has been extracted from the financial statements of 155 non-financial firms listed in PSX...

In 2015, 196 Parties adopted the Paris Agreement to limit global warming to well below 2 degrees C compared to pre-industrial levels, and to achieve a low-carbon world by 2050. Revisions to international finance investment strategies are expected to be the mainstay of this ambitious objective....

In this essay, we connect the United Nations' Sustainable Development Goals (SDGs)-an extensive collection of society-level goals and targets aimed at addressing grand challenges and achieving global sustainability by 2030-to firm-level sustainability and Environmental, Social, and Governance...

The latest World Press Trends report shows that business sentiment in the industry has taken a downturn, in a context where multiple challenges face news publishers around the world. Yet there are causes for optimism, as revenue diversification progresses and publishers double down on new...

Currently, our economies predominantly function in a linear manner, characterized by the extraction, production, consumption, and disposal of resources. Embracing the paradigm shift towards a circular economy presents a tremendous opportunity, potentially worth trillions of dollars. Given this...

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...

In 2019 the number of individuals employed exceeded 45 million in Germany for the first time. Since 2020 the COVID-19 pandemic put another factor into play that influences job satisfaction of employees, as well as their organizational commitment to the current employer. Due to contact...

Environmental, social, and governance (ESG) disclosure has greatly influenced firms’ performance. Given the influence, one can ask whether firms deliberately use ESG disclosure as a tool to mitigate performance shortfalls. Performance shortfalls are situations in which the firm does not attain...

This short paper analyzes the opinion of the Delaware Court of Chancery in Selectica, Inc. v. Versata Enterprises, Inc., in which the court upheld under Unocal the use of a NOL poison pill, including the re-loading of a such pill after an acquirer triggered the pill and was diluted