ESG Realities
December 20, 2021 - Aesthetic Investments, Equity Premium
How meaningful is the term Environmental, Social, and Corporate Governance (ESG) as a descriptor of firm valuation and investment performance? In his November 2021 paper entitled “ESG: Hyperboles and Reality”, George Serafeim assesses beliefs about ESG, including those involving firm valuation and ESG firm/fund investment performance. Drawing on more than a decade of research, he… Keep Reading