. At the same time, however, confusion abounds about the intersection of fiduciary principles and ESG investing. This … fiduciary law generally prohibits collateral benefits ESG, but risk-return ESG can be permissible if supported by a reasoned and …

these reforms is through state law fiduciary duties. My article demonstrates how state courts have started to enforce the … governance mandates under the reforms through fiduciary duties. Specifically, in my article I examine the watershed Disney case … shareholder expectations in fiduciary duty law, thereby making directors more responsive to the shareholders who elected them …

ownership claims that the reported effects, if true, would imply that corporate executives violate their fiduciary duty: whereas … — so the claim. Similarly, mutual fund managers with heterogenous portfolios would violate their fiduciary duty to act in ….These results establish that even if a violation of fiduciary duty could be formally established in a legal sense when firm managers …

prevent abuse of power relations. A breakthrough in this tussle came from law and economics school which constructed fiduciary … highlighting differences between fiduciary duties and contractual duties. Further, it seeks to promote the view that fiduciary …. It forcefully argues that fiduciary duties’ special characteristics justify its separation from the sphere of contracts …

Fiduciary duty is the golden rule ‘regulating’ the relationship between trustees and beneficiaries. In principle, it … respects, fiduciary duty is a chimera: it looks to convention rather than forward to innovation in investment management. As … such, governance policies and practice must provide the instruments that simple recipes of fiduciary duty are ill …

fiduciary duty and real-world efficacy at combatting climate change. We find that the more likely a strategy is to deliver real …-world change in carbon emissions in line with the 1.5oC goal, the more likely it is to give rise to fiduciary concerns. Although … these fiduciary concerns are unlikely in most cases to give rise to enforceable legal liability, it is likely that many …