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Two Factors that Determine When ESG Creates Shareholder Value

Harvard Business Review

Despite its influence in popularizing ESG investing, the topic remains controversial with mixed academic consensus and political debate in the U.S. The study found that companies with high-ability CEOs and strong ESG investments outperform others, and firms with fewer supplier ESG incidents yield higher returns.

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Leading Those Who Don't Want To Follow | N2Growth Blog

N2Growth Blog

The sad fact is that many business people are absolutists in that they only see things in terms of rights and wrongs. Thinking in terms of “ my way &# is right and therefore “ other ways &# are wrong is the basis for polarizing any relationship, which quickly results in converting discussions into power struggles.

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How Korea Can Avoid Japan’s Economic Mistakes

Harvard Business Review

There have been as many as 16 prime ministers in Japan since 1990, while the average term of each prime minister has been just around one year. This instability meant that Japan was unable to iron out a national consensus on its reform plan, or implement reforms in the long run. Society hasn’t reached consensus on reform.

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Will Greece Survive the Crisis?

Harvard Business Review

And voters seem to understand that they face a long period of austerity, volatility, and a substantially lower standard of living. Going forward, I hope that the current experiment in consensus building among the two major parties will succeed and will serve as a prototype for coalition governments in Greece in the future.

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Guidance is Good, Overpriced Shares a Disaster

Harvard Business Review

Baruch Lev teaches accounting and finance at NYU's Stern School of Business. The situation improved recently with the accounting recognition of a stock option expense, which clarified to directors that options are not costless, and with the general lengthening of the options' vesting period (incenting long-term orientation).

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Nigeria’s GDP Just Doubled on Paper: What It Means in Practice

Harvard Business Review

The long overdue exercise (the last one was in 1990) nearly doubled the country’s economy pushing GDP up to $510bn from $270bn. Nigeria’s Finance Minister Ngozi Okonjo-Iweala mentioned the “psychological impact” of the announcement on foreign investors. First, there will be some changes in the competitive landscape. Global business'

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Still Many Ways to Skin a Capital Cost

Harvard Business Review

As the treasury manager in Verizon's corporate finance department, he saw the research as an opportunity to gain valuable benchmarking information about how the CAPM is currently being used by his fellow practitioners. One of the architects of the survey, Mark Scott, is also one of its beneficiaries.

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