Wall Street's Vanity For Social Causes Is the Latest Enron

Wall Street's Vanity For Social Causes Is the Latest Enron
AP Photo/Mark Lennihan, File

Corporations ruin themselves by trying to placate online mobs, which is impossible. Indeed, this has become a widespread problem for companies. Now a new study shows definitively that pandering through Environmental, Social, and Governance (ESG) guidelines doesn't work. So why do it?

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