... theory to posit that ESG performance acts as a buffer to retain institutional shareholders under stress conditions. Design/methodology/approach The authors collect extensive data on institutional shareholdings and corporate performance during the pandemic and the 2008 financial crisis to examine...

...Fei Peng; Lili Kang; Jun Jiang Purpose This paper aims to investigate the role that institutional shareholders play in acquisition decisions using micro data in the Chinese stock market during 2003‐2008. Design/methodology/approach Acquisition decision is the selection and coordination process...