RT Journal Article
T1 Assessing sustainability-related systematic reputational risk through voting results in corporate meetings: a cross-industry analysis
A1 Vizcaíno González, Marcos
A1 Iglesias Antelo, Susana
A1 Romero Castro, Noelia María
K1 Single-index model
K1 Sustainability-related risk
K1 Systematic risk
K1 Reputational risk
AB This research uses Sharpe’s single-index model to analyze voting results in corporatemeetings, thus assessing whether voting results at the corporate level are influenced by aggregatedvoting results at the industry level. We use a sample of votes regarding managerial proposalsconcerning executive election and compensation. The companies involved are included in the fivemost represented industries in NASDAQ, and the analysis focuses on the 2003–2017 period. The voteswere disclosed by institutional investors who are especially concerned with corporate governanceand sustainability issues, so we consider that they reflect sustainability-driven decisions. Basedon previous research linking voting results to reputational consequences, we assess the systematiccomponent of sustainability-related reputational risk within these five industries, finding significantdifferences among them. Thus, although the systematic component of sustainability-relatedreputational risk appears to be strong for financial and technological companies, it is weak forhealthcare, consumer services, and capital goods companies. Implications for researchers andpractitioners are reported
PB MDPI
YR 2019
FD 2019
LK http://hdl.handle.net/10347/21097
UL http://hdl.handle.net/10347/21097
LA eng
NO Vizcaíno-González, M.; Iglesias-Antelo, S.; Romero-Castro, N. Assessing Sustainability-Related Systematic Reputational Risk through Voting Results in Corporate Meetings: A Cross-Industry Analysis. Sustainability 2019, 11, 1287
DS Minerva
RD 24 abr 2026