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"DO sweat the small stuff": how ESG missteps impact future performance

whatsapp Getty images We’ve written extensively on our concept of “corporate karma” – the idea that what goes around, comes around with regard to how companies treat their stakeholders. Since the start of the pandemic, we’ve written about our belief that a new social contract is emerging, particularly in relation to how employers treat their employees, and we’ve shown how it’s possible for companies to balance the needs of all stakeholders. Companies that look after their stak...
Simon Glossner University Of Virginia Darden School Of Business Deepwater Horizon Shareholder Value Darden School
Source: cityam.com

The Triumph of Dumb Money

Tiger King, and trading turnips on Animal Crossing’s Stalk Market no longer has the same thrill.   Your phone pings. A friend has sent you a free stock on an app called Robinhood. You sign up. Flush with larger-than-usual unemployment checks and incentivized by zero-commission trades and endless in-app bells and whistles, you begin to trade. And trade. And trade. Your latest buy? GameStop. For thousands of Americans last year, a version of this scene played out, sparking a retail investmen...
United States Alex Kearns Richard Smith Darin Tuttle Alexander Wagner Stefano Ramelli

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