🌍 New Research Published in Strategic Change 🌍
"Carbon Risk and Corporate Tax Avoidance: Do Institutional Investors Drive Business to Organize for Social Good?"
By: Naima Lassoued, Imen Khanchel, & Zahra Souguir
This study delves into the intricate relationship between carbon risk and tax avoidance strategies, examining a robust dataset of 854 American corporations (2015–2022).
The authors reveal that:
🌱 Carbon risk increases tax avoidance, as companies seek to offset costs associated with carbon management strategies.
🏦 Institutional investors play a pivotal role, moderating the link between carbon risk and tax avoidance, encouraging businesses to align with socially responsible practices.
The paper enriches the ongoing discourse on good versus bad business practices, offering key insights and actionable recommendations for organizing for social good.
📖 Read the full article here: https://lnkd.in/dVb5Fnqn
#StrategicChange #Sustainability #CorporateTax #InstitutionalInvestors #CarbonRisk #SocialGood #BusinessEthics
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