Why Should They Care? The Role of Institutional Investors in the Market for Corporate Global Responsibility.
Institutional investors, primarily pension funds, drive global financial markets. The result is investors vulnerable to the risks companies face in global consumer and capital markets. Though some market risks are inevitable, others, such as reputation risk, can be mitigated through increased corporate social and environmental standards and the increased transparency that such higher standards demand. The transparency necessitated by reputation management has a dual role in monitoring corpora...Expand abstract
- Environment and Planning A
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