Keyword: corporate boards

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Finance

ESG, Shareholders, and Regulation

This Finance survey examines (a) Concerns about the environmental impact of companies are substantially better resolved by shareholder activism towards management than by regulations or government intervention; (b) Concerns about diversity, equality and inclusion within companies are substantially better resolved by shareholder activism towards management than by regulations or government intervention
Europe

Corporate Social Responsibility

This European survey examines (a)  In pursuing social and environmental initiatives, the average public company generates more benefits than costs in terms of profits, (b) In pursuing social and environmental initiatives, public companies would benefit from a measurably lower cost of capital, (c) There are substantial social benefits when managers of public companies make choices that account for the impact of their decisions on customers, employees, and community members beyond the effects on shareholders
Finance

Corporate Social Responsibility

This Finance survey examines (a) Public companies that pursue social and environmental initiatives bear no measurable costs (in terms of lower profits) relative to similar companies that do not pursue such initiatives; (b) Public companies that pursue social and environmental initiatives benefit from a measurably lower cost of capital than similar companies that do not pursue such initiatives; (c) There are substantial social benefits when managers of public companies make choices that account for the impact of their decisions on customers, employees, and community members beyond the effects on shareholders
Finance

Stakeholder Capitalism

This Finance survey examines (a) Having companies run to maximize shareholder value creates significant negative externalities for workers and communities. (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. (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.
Europe

Stakeholder Capitalism

This week’s IGM European Economic Experts Panel statements: A) Having companies run to maximize shareholder value creates significant negative externalities for workers and communities. 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 small impacts on shareholder value. 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.
US

Stakeholder Capitalism

This week’s IGM Economic Experts Panel statements: A) Having companies run to maximize shareholder value creates significant negative externalities for workers and communities. 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. 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.
Europe

Board Quotas for Women

This week's IGM European Experts Panel statements: A) All else equal, if corporations throughout Europe set quotas for a minimum number of women board members, the shareholder value of European companies would increase. B) Taking into account the likely effects on investments in human capital by men and women, setting quotas throughout Europe for a minimum number of women board members would generate substantial net benefits for Europeans.