ESG: disentangling the governance pillar
DOI:
https://doi.org/10.1108/RAUSP-06-2021-0121Downloads
References
Auer, B. R., & Schuhmacher, F. (2016). Do socially (ir)responsible investments pay? New evidence from international ESG data. The Quarterly Review of Economics and Finance, 59, 51–62. Retrieved from: https://doi.org/10.1016/j.qref.2015.07.002
Barney, J. B. (2018). Why resource-based theory’s model of profit appropriation must incorporate a stakeholder perspective. Strategic Management Journal, 39(13), 3305–3325. Retrieved from: https://doi.org/10.1002/smj.2949
Broadstock, D. C., Chan, K., Cheng, L. T. W., & Wang, X. (2021). The role of ESG performance during times of financial crisis: Evidence from COVID-19 in China. Finance Research Letters, 38, 101716Retrieved from: https://doi.org/10.1016/j.frl.2020.101716
Caplan, L., Griswold, J. S., & Jarvis, W. F. (2013). From SRI to ESG: the changing world of responsible investing, Commonfund Institute.
Cappucci, M. (2018). The ESG integration paradox. Journal of Applied Corporate Finance, 30(2), 22–28. Retrieved from: https://doi.org/10.1111/jacf.12296
Clementino, E., & Perkins, R. (2020). How do companies respond to environmental, social and governance (ESG) ratings? Evidence from Italy. Journal of Business Ethics, Retrieved from: https://doi.org/10.1007/s10551-020-04441-4
Daviron, B., & Ponte, S. (2005). The coffee paradox: Global markets, commodity trading and the elusive promise of development, ZED Books.
Díaz, V., Ibrushi, D., & Zhao, J. (2021). Reconsidering systematic factors during the Covid-19 pandemic – the rising importance of ESG. Finance Research Letters, 38, 101870. Retrieved from: https://doi.org/10.1016/j.frl.2020.101870
Eccles, R. G., Ioannou, I., & Serafeim, G. (2014). The impact of corporate sustainability on organizational processes and performance. Management Science, 60(11), 2835–2857. Retrieved from: https://doi.org/10.1287/mnsc.2014.1984
Eccles, R. G., Lee, L.-E., & Stroehle, J. C. (2020). The social origins of ESG: an analysis of innovest and KLD. Organization & Environment, 33(4), 575–596. Retrieved from: https://doi.org/10.1177/1086026619888994
Grandori, A. (2019). The firm in search of its nature. European Management Review, 16(1), 81–92. Retrieved from: https://doi.org/10.1111/emre.12178
Hansmann, H. (1996). The ownership of the enterprise, Harvard University Press.
Hart, S. M. (2010). Self-regulation, corporate social responsibility, and the business case: Do they work in achieving workplace equality and safety? Journal of Business Ethics, 92(4), 585–600. Retrieved from: https://doi.org/10.1007/s10551-009-0174-1
Khan, M., Serafeim, G., & Yoon, A. (2016). Corporate sustainability: First evidence on materiality. The Accounting Review, 91(6), 1697–1724. Retrieved from: https://doi.org/10.2308/accr-51383
Miranda, B. V., & Saes, M. S. M. (2011). Indo além do economizing: o papel das redes sociais na apropriação de valor em relações cooperativas. RAM. Revista de Administração Mackenzie, 12(6), 28–48. Retrieved from: https://doi.org/10.1590/S1678-69712011000600003
Paolone, F., Cucari, N., Wu, J., & Tiscini, R. (2021). How do ESG pillars impact firms’ marketing performance? A configurational analysis in the pharmaceutical sector. Journal of Business & Industrial Marketing, ahead-of-print(ahead-of-print) Retrieved from: https://doi.org/10.1108/JBIM-07-2020-0356
Pedersen, L. H., Fitzgibbons, S., & Pomorski, L. (2020). Responsible investing: the ESG-efficient frontier. Journal of Financial Economics, Retrieved from: https://doi.org/10.1016/j.jfineco.2020.11.001
Schoenmaker, D., & Schramade, W. (2019). Investing for long-term value creation. Journal of Sustainable Finance & Investment, 9(4), 356–377. Retrieved from: https://doi.org/10.1080/20430795.2019.1625012
Tirole, J. (2001). Corporate governance. Econometrica, 69(1), 1–35. Retrieved from: https://doi.org/10.1111/1468-0262.00177
Williamson, O. E. (1979). Transaction-cost economics: The governance of contractual relations. The Journal of Law and Economics, 22(2), 233–261. Retrieved from: https://doi.org/10.1086/466942
Williamson, O. E. (1991). Comparative economic organization: the analysis of discrete structural alternatives. Administrative Science Quarterly, 36(2), 269. Retrieved from: https://doi.org/10.2307/2393356
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Management Department of the School of Economics, Management and Accounting of the University of São Paulo.
The publication of article segments is allowed, subject to prior authorization and source identification.
Copyright is regulated under Licença Creative Commons Attribution