Beyond shareholder value? Why firms voluntarily disclose support for Black Lives Matter
We investigate why firms voluntarily disclose support for the Black Lives Matter movement (BLM firms) even though these disclosures have little impact on shareholder value. We examine two competing explanations: that managers are acting in the interests of a broad set of stakeholders, or that they a...
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Main Authors: | CHEN, A. J., DECHOW, Patricia M., TAN, Samuel T. |
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格式: | text |
語言: | English |
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Institutional Knowledge at Singapore Management University
2021
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在線閱讀: | https://ink.library.smu.edu.sg/soa_research/1952 https://ink.library.smu.edu.sg/context/soa_research/article/2979/viewcontent/SSRN_id3921985.pdf |
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