Corporate governance and corporate social and environmental performance: Does financial slack have a moderating role? Evidence from the food industry

Abstract

Extra-financial information concerning how firms deal with environmental, social and governance (ESG) issues is becoming every day more relevant. Financial information, indeed, lacks to provide adequate knowledge about some significant corporate dimension that may lead, in the long run, to firm’s competitive advantage and that is embedded in its citizenship and community legitimacy (Cucari et al., 2018). This empirical research has therefore the purpose to shed more light on the relation between ESG pillars in this specific setting