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ESG Investing Clearly Serves Pecuniary Interests

Reynolds Holding

In July, 2017, the stock of NYSE-traded Tahoe Resources dropped 33 percent when the Supreme Court of Guatemala suspended its license to operate the world’s third-largest silver mine. [14] Another level of risk affects the volatility of an entire portfolio. 38] The trade-off between risk and return is nothing more than Finance 101.

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Pay for Prudence

Reynolds Holding

Thereafter, detailed PfP and concrete PfP both remained relatively steady at approximately 20 percent of banks through 2017. Having documented the prevalence of PfP, we studied the association between PfP use and equity-based compensation incentives for risk-taking. Coles et al. 2019​; ​Granja et al., 2009​; ​Berger et al.,

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