How Private Shareholder Engagements on Material ESG Issues Affect Companies
Reynolds Holding
AUGUST 7, 2022
calls, letters, meetings) by BMO Global Asset Management EMEA (recently acquired by Columbia Threadneedle Investments) for the years 2007 to 2020. To examine how target firms perform after an engagement, we study their stock market returns relative to a peer group. 2] The data cover about 25,000 engagement activities (i.e.,
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