Ray Fisman and Tim Sullivan

Chauffeur-driven limousines, millions in stock options, golden parachutes. It's no wonder bosses' pay and perks can rankle. Here's why the best ones are worth it.

Jeroen Derwall

A significant number of institutional investors publicly state a conviction that using environmental, social, and corporate governance (ESG) information in portfolio selection will help them generate better investment returns in comparison to their benchmarks or competitors. But can a performance-driven investment case be a sustainable motivation for adopting responsible investing?