Two new essays in the Institute’s series on the myths and realities of the ESG movement, It’s Time to Move on from ESG and Putting Economics Back into ESG, find that imposing top-down ESG mandates will cause substantial harm to the economy and workers, and public policy objectives, such as those addressed by ESG initiatives, should be decided by and acted on by democratically elected governments, not private sector actors.

ESG Disclosures and the Decision to Go Public is a new essay in the Institute's series on the ESG (environmental, social and governance) movement. It highlights how mandating ESG disclosures could discourage firms from entering public markets, thereby limiting entrepreneurial opportunities by making one of the main channels for accessing capital more expensive.

ESG Mandates and Managerial Efficiency is a new essay from the Institute’s series on the ESG (environmental, social and governance) movement. Specifically, it addresses the question of whether regulation-imposed ESG mandates affect the principal relationship between shareholders and managers in public companies: are shareholders affected when a company’s management prioritizes ESG considerations over profit-enhancing decisions?