Kenneth R. French image

Kenneth R. French

2 Votes

Tuck Dartmouth

  • Hanover, NH

About

  • Roth Family Distinguished Professor of Finance
  • President, American Finance Association (2007)
  • Director, Center for Research in Security Prices, University of Chicago, 1989-1994

Voting History

Finance

Executive Pay

Question A: The typical chief executive officer of a publicly traded corporation in the U.S. is paid more than his or her marginal contribution to the firm's value.
Vote Confidence Median Survey Vote Median Survey Confidence
Did Not Answer
Uncertain
7
Question B: Mandating that U.S. publicly listed corporations must allow shareholders to cast a non-binding vote on executive compensation was a good idea.
Vote Confidence Median Survey Vote Median Survey Confidence
Did Not Answer
Uncertain
7
Finance

Stakeholder Capitalism

Question A: Having companies run to maximize shareholder value creates significant negative externalities for workers and communities.
Vote Confidence Median Survey Vote Median Survey Confidence
Disagree
6
Disagree
8
Question B: Appropriately managed corporations could create significantly greater value than they currently do for a range of stakeholders – including workers, suppliers, customers and community members – with negligible impacts on shareholder value.
Vote Confidence Median Survey Vote Median Survey Confidence
Strongly Disagree
7
Disagree
8
Question C: Effective mechanisms for boards of directors to ensure that CEOs act in ways that balance the interests of all stakeholders would be straightforward to introduce.
Vote Confidence Median Survey Vote Median Survey Confidence
Strongly Disagree
8
Disagree
8
Comment: Shareholder value maximization is the least ambiguous and most well defined of the many alternative objectives I have seen.
Finance

Climate Reporting Mandate

Question A: A mandate for public companies to provide climate-related disclosures (such as their greenhouse gas emissions and carbon footprint) would provide financially material information that enables investors to make better decisions.
Vote Confidence Median Survey Vote Median Survey Confidence
Uncertain
8
Agree
7
Question B: A mandate for public companies to provide climate-related disclosures would provide material information that enables investors to make better decisions with regards to non-financial objectives (such as aiding portfolio choice based on ESG principles).
Vote Confidence Median Survey Vote Median Survey Confidence
Agree
8
Agree
7
Question C: A mandate for public companies to provide climate-related disclosures would induce them to reduce their climate impact substantially.
Vote Confidence Median Survey Vote Median Survey Confidence
Uncertain
4
Uncertain
6