A constructive look into the 7 myths of ESG
Even with ESG top of mind for many investors, not all Wall Street constituencies seem to have embraced the stakeholder-centric business model. At times, corporations still must navigate discrepancies between investors’ ESG targets and Wall Street’s expectations.
In this episode, David Larcker, Senior Faculty, Stanford’s Rock Center for Corporate Governance, examines ESG’s “seven myths” and Wall Street’s commitment to the stakeholder capitalism paradigm.
- What are the seven myths of ESG?
- Why does a portion of Wall Street (including analysts) appear stuck on the shareholder-centric model?