A significant critique of corporate sustainability has historically been its perceived prioritization over shareholders’ interests. This prioritisation potentially conflicts with managers’ fiduciary duty. However, in 2016, Professors Aaron Yoon, George Serafeim, and Mozaffar Khan published the paper “Corporate Sustainability: First Evidence on Materiality” that began to challenge this notion. The research demonstrated that considering financially… Continue reading ESG Initiatives and Shareholder Value Creation: Two Key Factors
