The ongoing Voice versus Exit debate, which tries to find the most effective way for an investor to influence firm behaviour, for the vast majority of published research focuses on existing equity shareholders. This neglects debt capital, which due to its refinancing cycle represents a key lever...

Interest in Social, Environmental, Ethical and Trust (SEET) in banking has experienced a rapid growth over the last decade. This paper provides the first overview of SEET issues in banking. The overview introduces international initiatives such as: the United Nations Environmental Programme...

We contribute to the responsible investment literature by pursuing the first morphologic analysis of the responsible investment process. Morphologic analysis decomposes a process in its relevant variables and defines the thinkable properties of these variables. By generating new combinations of...

We develop Influential Literature Analysis (ILA) as a four step approach, which improves upon existing methods to synthesise research areas. The first step rates the candidate studies for a research synthesis according to their influence and selects the most influential ones to be synthesised....

This chapter discusses social, environmental and trust issues relating to business and finance in a historical context. Social issues relating to the concerned societal groups emerged since the mid of the 20th century and have had increasing impact on business ever since. Environmental issues...

Depth of outreach in microfinance is conceptualised as the degree to which a microfinance institution serves (very) poor clients. However, this concept is commonly approximated in academic research by 'average loan size'. This rough proxy has previously also been used by policy makers such as...

While the relationship between outreach and financial performance (CFP) of microfinance institutions (MFIs) is increasingly well researched, next to nothing is known about the relationship between broader measure of corporate social responsibility (CSR) of MFIs and their CFP. In light of the...

The study is intended to assess the accuracy and quality of climate-related disclosures by the companies on the Climate Disclosure Protocol (CDP) - A list. This is achieved by systematically grading the company-specific Greenhouse Gas (GHG) emission inventory stated in the annual report as...

Various non-pharmaceutical interventions (NPIs) were adopted by countries worldwide to contain the transmission of COVID-19. But their implementation raises a debate on the effectiveness of these mitigation measures. Studying 13 types of NPIs with the daily data of 185 countries from January to...

Utilising an economics-based approach, this study estimates the cost-based return on investment (ROI) in human resource management (HRM) through the corporate cost of financing channel. Using bond issuance data for Chinese companies, we find that firms with superior employee relations management...