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A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Isidro, H., Dirk E. Black & Marques, A. (2025). Investor Commitment to Responsible Investing and Investee ESG Disclosure. Research Seminar.
Exportar Referência (IEEE) 
H. O. Isidro et al.,  "Investor Commitment to Responsible Investing and Investee ESG Disclosure", in Research Seminar, 2025
Exportar BibTeX 
@misc{isidro2025_1768506886577,
	author = "Isidro, H. and Dirk E. Black and Marques, A.",
	title = "Investor Commitment to Responsible Investing and Investee ESG Disclosure",
	year = "2025"
}
Exportar RIS 
TY  - CPAPER
TI  - Investor Commitment to Responsible Investing and Investee ESG Disclosure
T2  - Research Seminar
AU  - Isidro, H.
AU  - Dirk E. Black
AU  - Marques, A.
PY  - 2025
AB  - We examine whether investors’ commitment to socially responsible investment
principles influence their investee firms’ public disclosure of environmental, social, and
governance (ESG) information. We find that following institutional investors’ public
commitment to the United Nations Principles for Responsible Investment (PRI), investees’
ESG disclosure in U.S. Securities and Exchange Commission reports increases. We identify
two mechanisms through which PRI investors influence investee firms’ ESG disclosure:
submitting shareholder proposals that request enhanced sustainability disclosure and engaging
directly with investee firms to encourage greater ESG disclosure. Our conclusions are robust
to considering: 1) Alternative measures of ESG disclosure; 2) The level of institutional
ownership of the firm by PRI investors before they join the PRI initiative and by other
investors; 3) The ESG performance of the investee firm, using alternative ESG score providers;
4) The simultaneous estimation of institutional investment decision, firm ESG performance,
and firm ESG disclosure; and, 5) An event triggering institutional investor demand for
environmental information - the BP Deepwater Horizon oil spill. We also find that the
improvement in firms’ ESG disclosure is attributable primarily to PRI institutional investors
from Europe and is not driven only by large influential institutional investors. Overall, our
analysis suggests that investors’ public commitment to social responsibility plays a crucial role
in enhancing investee firms’ public disclosure of ESG information.
ER  -