Institutional investors boost a company’s social performance, a new study finds

Since institutional investors own the bulk of the world’s equity capital, it is important to understand how they affect the behavior of the companies they invest in. A study of over 3,000 firms across 41 countries by Hannes Wagner (Professor of Finance, Bocconi University) and colleagues, published in the Journal of Financial Economics shows that they are a force for good, boosting companies’ environmental and social performance — but only if the investors come from Europe
Go to Source