A focus on social issues by big business has angered some Republicans
. Right-wing critics say companies’ chief concern should be profits. By focusing on extraneous issues, such as the environment or diversity, firms are straying from their core responsibility to investors, they argue. investing say that it benefits the bottom line, helping investors to understand the long-term risks a company faces. If governments start taxing carbon, for example, companies that emit lots of the stuff will suffer more than greener rivals.
Companies that are committed toAccusing America’s executives of wokeness is odd: according to a Harvard Business School paper published last year, nearly 70% of top American executives are Republicans. But that has not stopped the party from attempting to curb those executives’ power. In March Republican congressmen passed a law that would have prevented pension-fund managers from usingcriteria to make investment decisions. President Joe Biden vetoed it. His administration is doubling down on.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morningstar: Anti-ESG Funds Are Falling Out Of Fashion | OilPrice.comMorningstar said anti-ESG funds peaked at around $377 million during the third quarter of 2022, more than five times the previous quarterly record.
Read more »
Private Equity To Revive Asian M&A With A Focus On Oil And Gas | OilPrice.comDealmaking in Southeast Asia and private equity transactions are likely to give a significant boost to Asian mergers and acquisitions, which have recorded a big decline so far in the year.
Read more »
Titanic sub search: Relative of missing passengers says 'sole focus' is rescue of 'beloved' family membersSabrina Dawood said her brother Shahzada Dawood and nephew Suleman Dawood would be 'moved' by the support of the 'global community' as the rescue mission for the submersible continues.
Read more »
Assassin's Creed Mirage's comparatively tiny map is great news for a series that needs more focusAssassin's Creed Mirage will be around the same size as Unity's Paris and I couldn't be happier.
Read more »
Cyberpunk 2077 patch fixes Xbox Series X|S performance issue and moreCD Projekt Red has rolled out a new update for Cyberpunk 2077 that fixes numerous quest and open world issues and also squashes a bug that affects performance on Xbox Series X|S.
Read more »
Lidl issue urgent warning to shoppers as they recall popular snackThe retailer has recalled the snack over fears it may contain milk
Read more »