Harvard Corporate Governance

SEPTEMBER 3, 2023

Related research from the Program on Corporate Governance includes The Perils and Questionable Promise of ESG-Based Compensation (discussed on the Forum here ) by Lucian A. While ESG has become highly politicized, the principles behind the movement (corporate responsibility, diversity, sustainability, etc.)

Marketability 285

Marketability 285

Harvard Corporate Governance

NOVEMBER 27, 2022

on Sunday, November 27, 2022 Editor's Note: Merel Spierings is a Researcher for the ESG Center at The Conference Board. This post is based on her Conference Board memorandum, in partnership with ESG analytics firm ESGAUGE and compensation advisory firm Semler Brossy. Posted by Merel Spierings, The Conference Board, Inc.,

Compliance 351

Compliance Finance Equity Marketability 351

Harvard Corporate Governance

AUGUST 24, 2022

ESG ratings are intended to provide information to market participants (investors, analysts, and corporate managers) about the relation between corporations and non-investor stakeholders interests. Recently, ESG ratings providers have come under scrutiny over concerns of the reliability of their assessments. Strine, Jr.;

Marketability 351

Marketability 351

Harvard Corporate Governance

NOVEMBER 15, 2023

The following information in this article is intended to provide market context on ESG goal-setting practices and our thinking on key drivers of these market trends. This information may be a helpful resource for companies evaluating their own disclosure practices regarding ESG metrics in incentives.

Marketability 169

Marketability 169

IVSC

FEBRUARY 21, 2024

In our inaugural webinar, ValuAsia Connect: Environment, Social, and Governance, we will provide an update on our latest edition of the International Valuation Standards (IVS) and explore the key Environment, Social, and Governance (ESG) factors and the regulatory environment that ought to be considered when valuing a business, asset, or liability.

Business Valuation 246

Business Valuation Corporate Finance Intangible Assets Appraisal 246

Harvard Corporate Governance

MARCH 27, 2023

(discussed on the Forum here ) by Scott Hirst, Kobi Kastiel, and Tamar Kricheli-Katz; Does Enlightened Shareholder Value add Value (discussed on the Forum here ) by Lucian Bebchuk, Kobi Kastiel, Roberto Tallarita; and Companies Should Maximize Shareholder Welfare Not Market Value (discussed on the Forum here ) by Oliver D.

Marketability 220

Marketability 220

IVSC

FEBRUARY 14, 2022

IVSC launches survey exploring the evolution of ESG considerations in the valuation process. ESG comprises three pillars; environmental, social and governance, all of which collectively contribute to effective performance, with p. Alexander Aronsohn IVSC Technical Standards Director (Tangible Assets).

Business Valuation 246

Business Valuation Marketability 246

Harvard Corporate Governance

MAY 6, 2022

Bebchuk and Roberto Tallarita (discussed on the Forum here ); Companies Should Maximize Shareholder Welfare Not Market Value by Oliver Hart and Luigi Zingales (discussed on the Forum here ); Reconciling Fiduciary Duty and Social Conscience: The Law and Economics of ESG Investing by a Trustee by Max M. Schanzenbach and Robert H.

Marketability 246

Marketability 246

Harvard Corporate Governance

JULY 12, 2022

Related research from the Program on Corporate Governance includes Companies Should Maximize Shareholder Welfare Not Market Value by Oliver Hart and Luigi Zingales (discussed on the Forum here ); Reconciling Fiduciary Duty and Social Conscience: The Law and Economics of ESG Investing by a Trustee by Max M. Schanzenbach, and Robebrt H.

Marketability 332

Marketability 332

Harvard Corporate Governance

OCTOBER 13, 2022

In 2022, global companies have encountered a fractured ESG landscape marked by widely divergent views. On the one hand, regulators are mandating more robust ESG disclosures from both companies and institutional investors. However, as companies continue to act on ESG, questions remain over what companies should disclose and how.

Marketability 266

Marketability 266

Harvard Corporate Governance

JUNE 23, 2022

The meteoric global rise of ESG investing is increasingly being met with an equally ambitious regulatory disclosure regime, and, targeting greenwashing, policymakers are beginning to bare their teeth. These requirements would also extend to funds where the investment decisions incorporate one or more ESG factors. more…).

Marketability 294

Marketability 294

Harvard Corporate Governance

AUGUST 11, 2023

Larcker (Stanford University) , on Monday, August 7, 2023 Tags: CEO Pay , equity awards , Executive Compensation , pay versus performance , Proxy advisory , shareholder engagement How Governance Professionals Are Guiding Corporate Disclosure on E&S Topics Posted by Sarah Crowe and Charles Neidenbach, Nasdaq, Inc.,

Marketability 189

Marketability Compliance Equity 189

Harvard Corporate Governance

JUNE 27, 2022

Bebchuk and Roberto Tallarita (discussed on the Forum here ); Companies Should Maximize Shareholder Welfare Not Market Value by Oliver Hart and Luigi Zingales (discussed on the Forum here ); Reconciling Fiduciary Duty and Social Conscience: The Law and Economics of ESG Investing by a Trustee by Max M. Schanzenbach and Robert H.

Finance 306

Finance Marketability 306

Harvard Corporate Governance

APRIL 28, 2023

Posted by Stephen Utkus (University of Pennsylvania), on Friday, April 28, 2023 Editor's Note: Stephen Utkus is Visiting Scholar at Wharton Business School at the University of Pennsylvania and Fellow at the Center for Financial Markets and Policy at Georgetown University. Survey Description The survey features three ESG-related questions.

Finance 216

Finance Marketability Equity 216

Harvard Corporate Governance

MARCH 22, 2024

Related research from the Program on Corporate Governance includes The Perils and Questionable Promise of ESG-Based Compensation (discussed on the Forum here ) by Lucian A. Confusion surrounding ESG (environmental, social, and governance) data and mislabeling of sustainable investment products complicates adoption and regulation.

Technology 130

Technology Marketability 130

Harvard Corporate Governance

MARCH 11, 2023

(discussed on the Forum here ) by Scott Hirst, Kobi Kastiel, and Tamar Kricheli-Katz; Companies Should Maximize Shareholder Welfare Not Market Value (discussed on the Forum here ) by Oliver D. is lagging on its ESG focus, particularly in contrast to the EU and U.K. Sitkoff and Max M. Schanzenbach. 3] (more…)

Banking 274

Banking Marketability 274

Harvard Corporate Governance

OCTOBER 19, 2023

(discussed on the Forum here ) Scott Hirst, Kobi Kastiel, and Tamar Kricheli-Katz; Companies Should Maximize Shareholder Welfare Not Market Value (discussed on the Forum here ) by Oliver D. Activist campaigns by shareholders on environmental, social, and governance (ESG) issues continue to hog the limelight. Sitkoff and Max M.

Marketability 220

Marketability 220

Harvard Corporate Governance

NOVEMBER 17, 2023

(discussed on the Forum here ) by Scott Hirst, Kobi Kastiel, and Tamar Kricheli-Katz; and Companies Should Maximize Shareholder Welfare Not Market Value (discussed on the Forum here ) by Oliver Hart and Luigi Zingales. more…)

Marketability 220

Marketability 220

Harvard Corporate Governance

FEBRUARY 14, 2023

(discussed on the Forum here ) by Scott Hirst, Kobi Kastiel, and Tamar Kricheli-Katz; Does Enlightened Shareholder Value add Value (discussed on the Forum here ) by Lucian Bebchuk, Kobi Kastiel, and Roberto Tallarita; Companies Should Maximize Shareholder Welfare Not Market Value (discussed on the Forum here ) by Oliver D.

Finance 252

Finance Equity Marketability 252

Harvard Corporate Governance

APRIL 14, 2023

on Wednesday, April 12, 2023 Tags: Disclosure , E&S , E&S Metrics , ESG , S&P 500 , STI Program The Oscillating Domains of Public and Private Markets Posted by Alperen A. Paramount Global Settles CBS – Viacom Merger Lawsuit for $122.5 Million Posted by Subodh Mishra, Institutional Shareholder Services, Inc.,

Corporate Finance 220

Corporate Finance Compliance Finance Marketability 220

Harvard Corporate Governance

SEPTEMBER 15, 2023

Posted by Hajin Kim (University of Chicago), Joshua Macey (University of Chicago), and Kristen Ann Underhill (Cornell University), on Tuesday, September 12, 2023 Tags: Coca-Cola , Corporate governance , ESG , Regulations 2023 U.S. Regional Brief Posted by John Galloway, Vanguard, Inc., Regional Brief Posted by John Galloway, Vanguard, Inc.,

Banking 188

Banking Marketability 188

Harvard Corporate Governance

NOVEMBER 5, 2022

on Saturday, November 5, 2022 Editor's Note: Matteo Tonello is Managing Director of ESG Research at The Conference Board, Inc. The report is accompanied by a Live Dashboard , which contains the most current figures and enables data cuts by market index, business sectors, and company size groups.

Equity 331

Equity Marketability 331

Harvard Corporate Governance

JUNE 25, 2022

Related research from the Program on Corporate Governance includes The Perils and Questionable Promise of ESG-Based Compensation (discussed on the Forum here ) and The Illusory Promise of Stakeholder Governance , both by Lucian A. Market practice in the FTSE 100 shows the changing nature of ESG targets in executive pay.

Finance 240

Finance Marketability 240

Harvard Corporate Governance

MAY 22, 2023

Posted by Saskia Kort-Chick, AllianceBernstein, on Monday, May 22, 2023 Editor's Note: Saskia Kort-Chick is a Senior Vice President and the Director of ESG Research and Engagement for Responsible Investing at AllianceBernstein. This post is based on her AllianceBernstein memorandum.

Marketability 306

Marketability 306

Harvard Corporate Governance

JANUARY 4, 2023

The European Securities and Markets Authority proposes to restrict ESG- and sustainability-related terms in the naming of funds, with an eye on the US and UK fund naming regimes. Davies, Ms. Higgs, Anne Mainwaring and Dianne Bell. more…).

Marketability 150

Marketability 150

Harvard Corporate Governance

NOVEMBER 17, 2022

Posted by Olwyn Alexander, Dariush Yazdani, PricewaterhouseCoopers LLP, on Thursday, November 17, 2022 Editor's Note: Olwyn Alexander is Global Asset and Wealth Management Leader and Dariush Yazdani is Global Asset and Wealth Management Market Research Centre Leader at PricewaterhouseCoopers LLP. Introduction: The ESG imperative.

Marketability 189

Marketability 189

Harvard Corporate Governance

MARCH 13, 2024

Increase in Climate and ESG Disclosures : The SEC remained active in the ESG space, filing several ESG-related enforcement actions in 2023 that foreshadow areas of focus for 2024 and beyond. The market also continues to await significant ESG rulemaking by the SEC, which is expected to be finalized in April 2024.

Marketability 190

Marketability 190

Harvard Corporate Governance

DECEMBER 1, 2022

As companies prepare for the 2023 proxy season, their ESG performance, as evaluated and rated by various third-party ratings providers, is a key focus. With the growing importance of ESG to institutional investors, specialized funds and the general investing public, ESG ratings are an increasingly important investor relations concern.

Marketability 220

Marketability 220

Harvard Corporate Governance

JULY 19, 2022

On May 25th, the SEC proposed two rules that seek to provide the market with greater clarity on how funds incorporate ESG factors into their investment activities. The proposed rules were also released at a time where the debate around the merits of ESG has greatly intensified. The current state of “ESG funds;”.

Marketability 220

Marketability 220

Harvard Corporate Governance

SEPTEMBER 29, 2023

Evidence From the US and Europe Posted by Angel Tengulov (University of Kansas School of Business), on Thursday, September 28, 2023 Tags: EU , Market , regulation , SEC Testimony by Chair Gensler Before the U.S. Securities and Exchange Commission, on Thursday, September 28, 2023 Tags: Climate Risk Disclosure , Crypto , equity markets , SEC

Equity 206

Equity Marketability 206

Harvard Corporate Governance

FEBRUARY 18, 2023

(discussed on the Forum here ) by Scott Hirst, Kobi Kastiel, and Tamar Kricheli-Katz; Does Enlightened Shareholder Value add Value (discussed on the Forum here ) by Lucian Bebchuk, Kobi Kastiel, Roberto Tallarita; and Companies Should Maximize Shareholder Welfare Not Market Value (discussed on the Forum here ) by Oliver D.

Compliance 274

Compliance Marketability 274

Harvard Corporate Governance

MAY 29, 2023

Over the past year, the debate over Environmental, Social and Governance (ESG) standards in the United States has revealed stark policy contrasts between red and blue states. And we need a truce because the pace of legislation about ESG is only accelerating.

Marketability 264

Marketability 264

Harvard Corporate Governance

APRIL 25, 2022

The massive flow of assets into ESG-focused funds reflects the intense and growing demand for investment products that enable investors to put their values into action while pursuing strong financial returns in their portfolios. Schanzenbach and Robert H. Introduction. Notably, foreign regulators have been ahead of their U.S.

Finance 226

Finance Compliance Marketability 226

Harvard Corporate Governance

MARCH 1, 2023

(discussed on the Forum here ) by Scott Hirst, Kobi Kastiel, and Tamar Kricheli-Katz; Does Enlightened Shareholder Value add Value (discussed on the Forum here ) by Lucian Bebchuk, Kobi Kastiel, Roberto Tallarita; Companies Should Maximize Shareholder Welfare Not Market Value (discussed on the Forum here ) by Oliver D. more…)

Marketability 220

Marketability 220

Harvard Corporate Governance

JULY 28, 2023

Adediran (Fordham University), on Tuesday, July 25, 2023 Tags: Board of Directors , dei , Gender Diversity , Hiring , racial diversity , targets , Weber Global Compliance Risk Benchmarking Survey: ESG Posted by Darryl Lew (White & Case LLP), Courtney Hague Andrews (White & Case LLP) and Joshua W. Peirce, U.S.

Compliance 177

Compliance Marketability 177

Harvard Corporate Governance

FEBRUARY 24, 2023

Ritter (University of Florida), and Donghang Zhang (University of South Carolina), on Monday, February 20, 2023 Tags: EGCs , IPO , JOBS , SEC , SPAC , VC Funds Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds Posted by Jonathan A.

Marketability 189

Marketability 189

Harvard Corporate Governance

MAY 4, 2022

Related research from the Program on Corporate Governance includes Companies Should Maximize Shareholder Welfare Not Market Value by Oliver Hart and Luigi Zingales (discussed on the Forum here ); Reconciling Fiduciary Duty and Social Conscience: The Law and Economics of ESG Investing by a Trustee by Max M. Schanzenbach and Robert H.

Beta 268

Beta Marketability 268