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What boards should know about balancing ESG critics and key stakeholders

Harvard Corporate Governance

Environmental, social and governance (ESG) topics are often discussed as if there is a collective understanding about what they mean. The use of ESG as an umbrella term for so many topics has led to misperceptions and, at times, controversy about whether focusing on certain risks and opportunities violates duties to investors.

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What Do Elevated Shareholder Expectations Mean for Large Company Boards and Compensation Programs?

Harvard Corporate Governance

Bebchuk and Roberto Tallarita ; and Does Enlightened Shareholder Value add Value (discuss on the Forum here ) and Stakeholder Capitalism in the Time of COVID (discussed on the Forum here ) both by Lucian A. In some cases, investors have added proxy voting policies on ESG topics that apply only to companies in the S&P 500.

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Key trends in investor voting policies from the 2022 (AGM) season

Harvard Corporate Governance

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; and Companies Should Maximize Shareholder Welfare Not Market Value (discussed on the Forum here ) by Oliver Hart and Luigi Zingales.

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What to Watch for this Proxy Season: Say on Climate

Harvard Corporate Governance

That skepticism appears to have turned to indifference, as there were no shareholder proposals on this topic at U.S. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. While shareholders of U.S. companies in 2022.

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Back to Basics: Board Committees

Harvard Corporate Governance

Bebchuk and Roberto Tallarita; Does Enlightened Shareholder Value Add Value? Topics such as cybersecurity, human capital, climate, and political contributions that are associated with the seemingly limitless umbrella of “environmental, social, and governance” (ESG) are becoming standing items on many board agendas. Strine, Jr.

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IVSC Valuation Webinar Series 2023, Sponsored by Kroll

IVSC

This webinar will explore topics such as the impact of inflation, and the potential effects of ongoing geopolitical tensions on global markets. Register now and be part of this enlightening discussion.

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The Playing Field

Harvard Corporate Governance

The Foundations Have Been Laid.