This empirical study investigates the relationships between management control systems and social and environmental risks. Building on Simons' Levers of Control conceptual framework, this study proposes that companies facing social and environmental risks will enhance the quality of their...

This study examines whether private information exchange between institutional investors and public companies in engagement dialogs on sustainability issues improves the publicly disclosed measurements of the target company’s financial and non-financial performance and transparency. It uses a...

The study extends previous research on the relation between environmental and financial performance in two ways. First, we recognize that the inherent environmental risk differs among industries. Increased levels of industry risk cause companies to have lower market values even if they are more...