"The veil of secrecy: Family firms’ approach to ESG transparency and the role of institutional investors"

Francesca Romana Arduino  Luiss University
Bruno Buchetti Department of Economics and Management of the University of Padua
Murad Harasheh University of Bologna

Exploring the relationship between family ownership and ESG (Environmental, Social, Governance) transparency in Italian companies, this study, published in Finance Research Letters reveals lower transparency levels, especially in social aspects, due to family priorities. However, institutional investors emerge as key players in enhancing transparency and governance.

Read the full paper for detailed findings: https://unipd.link/Paper_Buchetti_Family_Firms