“Our findings are consistent with the hypothesis that changes in ESG scores neither affect a firm’s opportunity cost of capital…Continue readingIs ESG a Sideshow? ESG Perceptions, Investment, and Firms’ Financing Decisions

“For many investors, whether fixed income or equity, the process of integrating ESG factors into their strategies begins with correlating…Continue readingMateriality Matters: The ESG Factors That Count

“Is there not a risk that governments’ backlash against climate and environmental issues will stop the previously promising green bond…Continue readingThree good reasons to not lose faith in green bonds

“A recent Morgan Stanley report shows that 84% of U.S. individual investors are interested in sustainable investing. Among Millennials and…Continue readingThe Rise of Sustainable Investing: Why It Is Winning Over Young Investors (and Big Money)

“In the past decade, share repurchases have drawn the ire of many, with critics arguing that they line the pockets…Continue readingStock Buybacks: Show me the Money!

“The lack of regulation and accountability of proxy advisory firms, their conflicts of interest, ongoing objective errors in their reports,…Continue readingTestimony in House Hearing: “Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis Influence Markets”