David Larcker and Brian Tayan: Seven Myths of ESG.

For the 50th episode of this podcast, I’m delighted to feature Professor David Larcker and Brian Tayan from the Stanford Graduate School of Business. David Larcker is the James Irvin Miller Professor of Accounting at the Stanford Graduate School of Business and a Senior Faculty at the Arthur and Toni Rembe Rock Center for Corporate Governance. His research focuses on executive compensation, corporate governance, and managerial accounting. Brian Tayan is a member of the Corporate Governance Research Program at the Stanford GSB. He has written broadly on the subject of corporate governance, including boards, succession planning, executive compensation, financial accounting, and shareholder relations. Through their research efforts, they strive to engage academics and professionals to bridge the gap between theory and practice, and promote corporate governance as an independent area of teaching and scholarship in business schools worldwide. They are the authors of “Corporate Governance Matters” (3 editions) and “A Real Look at Real World Corporate Governance.” In this podcast, we talk about their latest article entitled “Seven Myths of ESG”, where they set about debunking some of the most common and persistent myths about what ESG is, how it should be implemented and its impact on corporate outcomes, “many of which,” they contend, “are not supported by empirical evidence.” Their objective is to provide a better understanding of ESG so that companies, institutions and regulators can “take a more thoughtful approach to incorporating stakeholder objectives into the corporate planning process.” If you like this show, please consider subscribing, leaving a review or sharing this podcast on social media. You can find all the show notes on the website boardroom-governance.com and please feel free to subscribe to the Boardroom Governance Newsletter at evanepstein.substack.com