Editor'S choice: : Active ownership
By E. Dimson, Oguzhan Karakas, Xi Li. 2015
120 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/99875717059901bf978565c933f756a7fe90dea4
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- Christian Leuz
- Hans B. Christensen
- Luzi Hail
- Stuart L. Gillan
- Laura T. Starks
- Peter D. Wysocki
- Zacharias Sautner
- K. Lins
Citations in the corpus
- Sustainable investing in equilibrium (2019, unknown): “To emphasize these tastes, we do not model shareholder engagement with management, which is another channel through which ESG investing can potentially increase market value (e.g., Dimson, Karakas, and Li, 2015).”
- Corporate green bonds (2019, unknown): “…improves access to finance (e.g., Cheng et al., 2014 ; El Ghoul et al., 2011 ) as well as the emerging literature that studies investors’ preferences for ESG (e.g., Barber, 2007 ; Dimson et al., 2015 ; Dyck et al., 2019 ; Ilhan et al., 2020 ; Krueger et al., 2020 ; Starks et al., 2018 ).”
- Institutional investor cliques and governance (2019, background): “Dimson et al. (2015) find that collaboration among stakeholders increases the 5Schedule 13D forms are required when investors coordinate in certain activities and their joint ownership exceeds 5%.”
- Do shareholders benefit from green bonds? (2018, unknown): “Among them, 90% of asset owners and investment managers report active ownership policies3 and Dimson, Karakas, and Li (2015) shows active ownership engaging in environmental or social issues will 3…”
- Blockholders: A Survey of Theory and Evidence (2017, unknown): “Dimson, Karakaş, and Li (2015) study an anonymous large asset manager that launched envi- 8Barclay and Holderness (1989).”
- Mandatory CSR and sustainability reporting: economic analysis and literature review (2019, background): “Dimson et al. (2015) find that successful CSR campaigns by active owners are associated with positive stock returns and better accounting performance.”
- Do institutional investors drive corporate social responsibility? International evidence (2019, methodology): “This complements other research on how CSR performance is influenced by investors, such as CSR-related shareholder proposals and voting in the U.S. (Del Guercio and Tran (2012)) as well as an investor’s impact through private engagements on CSR issues (Dimson, Karakas, and Li (2015)).”
- Corporate Social Responsibility and Market Efficiency: Evidence from ESG and Misvaluation Measures (2020, background): “Several studies investigating these pillars separately find that one specific pillar predominantly drives their specific relationship (e.g. Sassen et al., 2016; Dimson et al., 2015).”
- Sustainable development and financial system: IntegratingESGrisks through sustainable investment strategies in a climate change context (2021, background): “For this reason, many others opt for dialogue with the companies (Dimson et al., 2015), while other authors have shown that divestment does not harm portfolios.”
- The Importance of Climate Risks for Institutional Investors (2020, background): “A successful completion of a typical engagement is reported by 25% of respondents, higher than the 10% of successful climate-change engagements in Dimson, Karakaş, and Li (2015).”