Results 221 to 230 of about 172,300 (294)

How do strategic leaders frame corporate purpose? Investigating competing frames and framing approaches in executive discourse

open access: yesEuropean Management Review, EarlyView.
Abstract Corporate purpose is gaining momentum in contemporary business communities, yet it often appears shrouded in ambiguity. Although research is growing in popularity, the analysis of corporate purpose from the perspective of strategic leaders remains an unexplored domain.
Chiara Pantalena   +3 more
wiley   +1 more source

Foundation governance for the purposeful ownership of enterprise

open access: yesEuropean Management Review, EarlyView.
Abstract Foundation‐owned companies are regarded as real‐world examples of commitment to a company purpose, and several world‐class companies have this ownership structure. They have been found to perform surprisingly well, given the accountability and incentive problems anticipated by conventional economic theories when nonprofit organizations own ...
Terry McNulty, Steen Thomsen
wiley   +1 more source

Do Major Customers Affect Firms' Environmental, Social and Governance Activities?

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT We examine the role of major customers in shaping firms' environmental, social and governance (ESG) practices. We find that firms with major customer relationships undertake fewer ESG activities compared to those without such ties. The association is attenuated when institutional ownership is high, firms are less diversified, customers exhibit
Feng Dong   +4 more
wiley   +1 more source

Rich Dad Poor Dad? CEO Private School Background and Firm Risk

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT We examine the effect of CEO childhood socioeconomic status (SES) on firm risk. Using hand‐collected data on US CEOs' private high‐school attendance as proxy for high‐SES, we find that firms led by high‐SES CEOs exhibit 5.35% lower firm risk. This effect diminishes with CEO tenure, analyst coverage, and institutional ownership, consistent with
Yifei Bi, Christos Mavrovitis, Chen Yang
wiley   +1 more source

Do Female Directors Protect Employee Pension Benefits? Evidence on the Nexus Between Pensions and Dividends

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This study examines whether female directors influence firms' allocation of internal funds between dividend payments and defined benefit (DB) pension funding. Using FTSE All‐Share firms from 2007 to 2021, we find that companies with a higher proportion of female directors exhibit stronger pension funding positions and, overall, maintain ...
Zezeng Li, Erhan Kilincarslan
wiley   +1 more source

Do Banks Learn From Natural Disasters? Evidence From the U.S. Financial Sector

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This paper examines whether U.S. banks learn from natural disasters. We explore several potential channels of adjustment and find that exposed banks primarily respond by adopting precautionary capital measures. This behaviour is evident both in the long run, when assessing divergent trends in the evolution of equity over time, and in the short
Dennis Dreusch   +2 more
wiley   +1 more source

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