ESG1 due July 13

Max 2.5 points for outstanding work, 2.1 points for good work that meets expectations.

The Graham book is a classic, which will give you a superior education in Financial Statement Analysis. At the same time, we will supplement it with modern literature. You can cite this paper as Cohen et al (2023):

Cohen, Shira; Kadach, Igor; Ormazabal, Gaizka; and Reichelstein, Stefan (2023). Executive Compensation Tied to ESG Performance: International Evidence. Journal of Accounting Research, forthcoming.

1. In 100-200 of your own words describe what you learned about ESG in general (I am not necessarily asking about the FINDINGS of this study, but you may discuss this as well).

1. Comment on Figure 1 (page 5).

1. Personally, which metric in table 1 do you consider most important, and why?

1. Refer to Appendix C on page 45, panel A last three lines on the bottom. The word organic is mentioned twice. What does organic mean in this context? You may use Google and AI (see syllabus), but please cite your sources.