OPM/
Wir freuen uns sehr Prof. Ioannis Ioannou, London Business School, United Kingdom auf Einladung von Herrn Prof. Dr. Moritz Fleischmann im Rahmen des CDSB-Seminars begrüßen zu dürfen.
Herr Prof. Dr. Ioannis Ioannou, London Business School, United Kingdom, wird einen Vortrag zum Thema „ Seeing the Forest for the Trees: How Media Criticisms on Related Environmental, Social, and Governance Issues Impact Firm Actions “ halten.
Der Vortrag findet am Montag, den 13.10., von 10:45 bis 11:45 Uhr im Raum O 151 statt.
Abstract
Firms increasingly face media criticisms on multiple, often related environmental, social, and governance (ESG) issues simultaneously. We extend existing research by examining the associations between these concurrent media criticisms and a firm’s action on a focal issue. Drawing on attention-based and resourced-based views, we posit that action on a focal issue is positively associated with two key factors: a) related direct media criticisms, defined as criticisms received on other issues within the same category (i.e., E, S or G), particularly when the firm possesses more resources, and b) related indirect media criticism, occurring when a firm’s peers face criticism on issues related to the focal issue, with this association amplified when the issue is more financially material. Utilizing a comprehensive dataset spanning 3,031 public firms across 20 ESG issues over a decade, we find support for our hypotheses. This study contributes to the literature on firm responses to media criticisms by advancing our understanding of ESG strategy and corporate social responsibility in the face of a complex landscape of ESG issues and media criticisms.
Speaker Bio
Prof. Ioannis Ioannou is a Strategy scholar, with a focus on Sustainability Leadership and Corporate Responsibility. His research seeks to understand the roles and impacts of corporations in shaping a sustainable future while examining how the investment community perceives, evaluates, and reacts to corporate strategies that integrate environmental and social issues.
His academic contributions, which include research on the external perceptions and internal decision-making processes related to corporate environmental and social initiatives, are published in several prestigious journals such as the Strategic Management Journal, Academy of Management Review, Management Science, Organization Science, The Accounting Review, and the Journal of International Business Studies. He is currently serving as an Associate Editor of the Strategic Management Journal and as an Associate Editor of Management Science.
His expertise has earned him positions on advisory boards including the Sustainability Advisory Panel of Merck KGaA, ESG Advisory Board of DWS Group, Advisory Board of Qurator, and as Strategic Advisor to SustainGRC. He serves as Senior Academic Advisor of Evolution Ltd. and member of the Advisory Council of the European Institute of Management and Finance (EIMF). He contributes to the FASTtrack to 2050 Taskforce by Accounting for Sustainability (A4S), focusing on behavioral shifts in finance professionals, and serves on the UN-supported Principles for Responsible Investment (PRI) Value Creation Working Group and Academic Advisory Panel, developing methodologies for quantifying sustainability outcomes in private markets.
He is a regular presenter at academic conferences and universities worldwide and often delivers keynote speeches on responsible management and sustainability at various global events and conferences. Holding a magna cum laude degree in Economics and Mathematics from Yale University and a Ph.D. in Business Economics from Harvard University and the Harvard Business School, Prof. Ioannou is an Associate Professor with tenure at London Business School (LBS). In addition to his teaching responsibilities in various degree programs at LBS, he contributes to several executive education modules, particularly focusing on Responsible Business and Sustainability.