Three Hypotheses About Republican Senior Executives And The Worrisome Problem Of Wokeness

by Robert G. Eccles | Sep 23, 2022 | Articles 2022, News & Analysis

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...

Looking At Climate Change Through The Eyes Of ExxonMobil

by Robert G. Eccles | Sep 23, 2022 | Articles 2022, News & Analysis

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...

Some Reflections On An RSC Memo, ExxonMobil, And Tesla

by Robert G. Eccles | Sep 23, 2022 | Articles 2022, News & Analysis

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...

Putting Financial Reporting Standards into Practical Perspective

by Robert G. Eccles | Sep 23, 2022 | Articles 2022, News & Analysis

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...

Does ESG Negative Screening Work?

by Robert G. Eccles | Sep 23, 2022 | Articles 2022, News & Analysis

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...

Addressing System-Level Risks For Maximizing Long-Term Financial Returns

by Robert G. Eccles | Sep 23, 2022 | Articles 2022, News & Analysis

Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. I have written about the polarization around ESG and how some Republicans are even weaponizing the concept, to the detriment of their own voters. Most...

The Complex, Contentious, and Changing Nature of Financial Reporting Standards

by Robert G. Eccles | Jul 27, 2022 | Articles 2022, News & Analysis

Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. In The Long and Winding Road to Financial Reporting Standards we reviewed the history of how accounting standards came to exist in the U.S. as Generally...