We show the influence the size of a corporate board has on firms' ESG controversies. Our
analysis suggests that businesses with larger boards are more effective in mitigating ESG …

Exploiting innovative measures of climate policy uncertainty and firm-specific climate
change exposure derived from state-of-the-art textual analysis, we examine the impact of …

Carbon emissions have been identified as a major cause of global warming and are harmful
to the environment. Given the seriousness of climate changes, businesses are encouraged …

Capitalizing on a unique measure of takeover vulnerability, we examine how the takeover
market, which is widely regarded as a crucial instrument of external governance, influences …

Exploiting a novel measure of firm‐level political risk based on earnings conference calls,
we explore the effect of political exposure on corporate social responsibility (CSR). We show …

Exploiting an innovative measure of corporate integrity based on machine learning and
textual analysis, this paper explores the effect of hostile takeover exposure on corporate …

We investigate how independent directors view corporate social responsibility (CSR).
Exploiting the passage of the Sarbanes‐Oxley (SOX) Act and the associated exchange …

To explore the drivers of corporate social responsibility (CSR), we investigate how
managerial ownership influences CSR in the presence of economic policy uncertainty. Our …

Exploiting a distinctive measure of corporate culture based on advanced machine learning,
we investigate the effect of board gender diversity on corporate culture. Our results …

Purpose Theory suggests that the market for corporate control, which constitutes an
important external governance mechanism, may substitute for internal governance …