Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. With political battle lines drawn over environmental, social and governance (ESG) disclosures, it is fair to ask whether the sustainability movement is...
Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. On August 10, 2022, Strive Asset Management launched “Strive U.S. Energy ETF” (DRLL). Just two weeks later on August 24 it already an impressive $268.45...
Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. Although Mr. Ramaswamy and his devoted followers like to rail against “the elite,” I must give at least some credit to his Harvard College and Yale Law...
Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. In my previous post, I discussed the Republican Steering Committee (RSC) Memorandum “The War on American Energy: Ground Zero.” In the first part I pointed...
Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. On July 27, 2022, The Republican Study Committee published a Memorandum titled “The War on American Energy: Ground Zero” expressing its concern about...
Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. In our previous post, The Complex, Contentious, and Changing Nature of Financial Reporting Standards, we show that financial reporting standards, despite...
Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. We revisit the firm value and pricing implications of the negative screening of sin stocks. Unlike prior work, we find that institutional ownership and...