2020
DOI: 10.2139/ssrn.3553258
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The Big Three and Corporate Carbon Emissions Around the World

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Cited by 11 publications
(3 citation statements)
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“…However, a key assumption in this literature is that shareholders exert influence primarily through their governance prerogatives, so their effectiveness depends on their ownership stake in the firms. Thus we should expect only very large institutional investors holding significant stakes in corporations to have an effect on corporate environmental practices (Wahba, 2010;Dyck et al, 2019;Azar et al, 2021), and green investing might be too small to have any impact (Dam and Scholtens, 2015).…”
Section: Institutional Impact Of Green Investing On Environmental Pra...mentioning
confidence: 99%
“…However, a key assumption in this literature is that shareholders exert influence primarily through their governance prerogatives, so their effectiveness depends on their ownership stake in the firms. Thus we should expect only very large institutional investors holding significant stakes in corporations to have an effect on corporate environmental practices (Wahba, 2010;Dyck et al, 2019;Azar et al, 2021), and green investing might be too small to have any impact (Dam and Scholtens, 2015).…”
Section: Institutional Impact Of Green Investing On Environmental Pra...mentioning
confidence: 99%
“…Our results hold if we restrict our sample to include only the resolutions supported by the proxy advisor ISS. This is remarkable because ISS has been shown to support 1 Our focus on corporate engagement at general assembly meetings complements the empirical studies of behindthe-scene engagements on E&S issues offered by Dimson, Karakaş, and Li (2015), Barko, Cremers, andRenneboog (2018), andAzar, Duro, Kadach, andOrmazabal (2019).…”
Section: Introductionmentioning
confidence: 82%
“…For example, innovative efforts by corporate sector companies such as Vanguard, BlackRock, etc. significantly reduced their carbon footprints [ 31 ]. Similarly, GoI and CUEIs can create internal environmental regulations and endorse innovative partnerships.…”
Section: Discussionmentioning
confidence: 99%