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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. Mining.com, July 6, 2017. Available here. [14] Available at [link]. [17]

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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. Prior research suggests that equity-based incentives align managerial actions with shareholders’ objectives, but such alignment may induce the types of risk-taking that regulators find most concerning.

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