Executive ownership – a bad deal for ESG
December 15, 2022

Research shows that executives holding company shares are of tangible detriment to their companies’ ESG performance, says Gianfranco Gianfrate of EDHEC Business School. When, in 1970, the American economist Milton Friedman penned his famous op-ed in the New York Times, proclaiming that “the only responsibility of corporations is to make profits”, ...
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