Highlights We investigate trading patterns of retail investors during the outbreak of COVID-19. Investors increase their weekly trading intensity and establish more new positions. Investors add funds to their accounts and open more new accounts. Investors significantly reduce the usage of leverage. Investors marginally increase their tendency to engage in short selling.

No abstract

Individuals play a key role for corporate sustainability (e.g., Aragón-Correa et al., 2004;Broman et al., 2017). It is therefore unsurprising that in addition to studying corporate sustainability approaches and practices from different theoretical and empirical perspectives (e.g., Benn et al., 2014;Montiel, 2008), various researchers have highlighted links between the characteristics of individuals and corporate sustainability (Alonso-Almeida et al., 2017;Mazutis, 2013;Mudrack, 2007).With their upper echelons theory, Hambrick and Mason (1984) established a general link between characteristics of (senior) managers and firm outcomes (Hambrick, 2007;Hambrick & Mason, 1984).Management not only directly influences a firm's outcomes through strategic decision-making, the choice and design of sustainability activities, their funding and timelines, but also indirectly by defining

No abstract

No abstract