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Posts published by “Walter Frick”

Exxon is taking its shareholders to court as the anti-ESG backlash escalates into a civil war between the proponents of shareholder primacy

Since the 2008 financial crisis, a growing chorus of advocates and scholars have argued that corporations have a responsibility toward a number of different stakeholders, including their employees. The opposing camp has held that shareholders come first: They are the owners of the firm, and they should ultimately decide how it acts. However, there is