Answer each question in your own words. Do not use quotations and less than 100 words.

1) What does Corporation Watch think is wrong with CSR?

2) What did Naaraayanan et al find regarding the effect of shareholder activism by public sector pension funds on the environmental performance and profitability of the firms they invested in?

3) Compare Bakan and Burke on the duty of corporate directors and officers under corporate law. Which vew is closer to the Supreme Court of Canada's ruling in BCE, and why?

4) What does Auld say is the main challenge in the Phase II of design and implementation of "NSMD" certification programs?

5) What is the difference between "value based" and "values based" SR/ESG investing, as Rivoli uses these terms? [These terms have other meanings in other contexts, so googling will likely give you the wrong answer.]

6) What is the relationship between equity ownership composition and CSR, according to empirical findings in Lee (2009) and Faller et al (2018)?

7) What is the difference between impact and financial materiality, and how do these give rise to differet approaches to non-financial reporting?

8) What do Shapira and Zingales think the DuPont C8 toxic waste case goes to show, and why?

9) What is non-financial reporting (NFR)? Give an example of an NFR scheme. Indicate at least 2 uses made of NFR data.

10) What are ESG funds and how do they work?

11) What are the main criticisms of ESG funds made by Damodaran and Fancy?