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Academics Question ESG Studies That Helped Fuel Investing Boom
A growing number of scholars say research showing companies can do well by doing good relies on shaky evidence.
12 Mar 2024, 08:40 AM IST
(Bloomberg Businessweek) -- As Wall Street’s passion for sustainability began surging about five years ago, Andy King looked on with apprehension. Academics at Harvard University, the London Business School and other institutions were churning out research asserting that doing good for people and the planet was also good for company profits. The papers have been quoted in US Senate testimony, cited by regulators crafting corporate cl...
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