Contract Costs, Stakeholder Capitalism, and ESG
9 Pages Posted: 30 Oct 2020
Date Written: October 29, 2020
Abstract
When do market forces push firms toward stakeholder goals. When do market forces push firms toward ESG goals? I offer thoughts, first on stakeholder capitalism (Chapter 1) and then ESG (Chapter 2).
Suggested Citation: Suggested Citation
Fama, Eugene F., Contract Costs, Stakeholder Capitalism, and ESG (October 29, 2020). Chicago Booth Research Paper No. 20-46, Fama-Miller Working Paper , Available at SSRN: https://ssrn.com/abstract=3722179 or http://dx.doi.org/10.2139/ssrn.3722179
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