Is the market about to sort?
The anti-ESG backlash could have an unexpected upside for European index fund managers.
Sustainable Investing: Evidence From the Field
We survey 509 equity portfolio managers from both traditional and sustainable funds on whether, why, and how they incorporate firms’ environmental and...
DP 920
Stewardship revisited
The Financial Reporting Council has got it about right with its revised UK Stewardship Code.
Net zero, lawyers, and fiduciary duty
A recent paper from the Net Zero Lawyers Alliance does little to resolve the underlying dilemmas for fiduciaries in relation to climate change.
Research highlight
CEO compensation: Evidence from the field
Journal of Financial Economics, 150 (3), 103718
CEO Compensation: Evidence From the Field
We survey directors and investors on the objectives, constraints, and determinants of CEO pay. 67% of directors would sacrifice shareholder value to...
DP 836