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Scott Hirst

Scott Hirst is an Associate Professor of Law at Boston University School of Law and Director of Institutional Investor Research at the Harvard Law School Program on Corporate Governance.
ESG, Corporate Governance & Future of the Firm

How Much Do Investors Care About Social Responsibility?

Scott Hirst
Study participants are less likely to accept lower returns in support of social goals when acting as investors versus consumers or donors with a third accepting no reduction in returns. Additionally, those with higher income, women and Democrats were willing to accept lower return in support of social goals than those with lower income, men, Republicans and Independents.
Antitrust and Competition

Towards the Giant Three: The Rise and Rise of the Big Three Index Funds

Lucian Bebchuk
The Big Three index fund managers—BlackRock, Vanguard, and State Street Global Advisors—hold a significant proportion of the stock of US public companies, and they...

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The publication of the Stigler Center at The University of Chicago Booth School of Business

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.