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The rise of a small group of investment (asset) managers with an enormous potential to influence corporate decision-making has reinforced attention to shareholder stewardship as one of the pillars of corporate governance. But weak incentives to invest in shareholder oversight and limited...
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institutional investors and a strong CSR performance act as deterrents to large shareholder expropriation, which refers to the …. Second, CSR plays a mediating role, elucidating that institutional investor engagement not only directly impacts governance … but also indirectly shapes large shareholder behavior through CSR. Third, institutional ownership moderates the site …
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(CSR) and firm’s performance nexus. The proposed model explains how, the positive association between CSR and firm …, based on the agency theory, institutional investors (as a homogeneous group) positively moderates the CSR and firm … in the sustainable CSR and firm performance relationship. The current study explored some of the major theoretical …
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