Society has invested heavily in voluntary corporate sustainability reporting. In theory, these disclosures do real work: they could help civil-society groups, analysts, and other stakeholders hold firms accountable for externalities that regulation leaves untouched, and they could help markets price risks that financial statements miss. In practice, critics dismiss the reports as mere marketing. They […]

Source: Harvard Law School Forum on Corporate Governance

Published: 2026-07-20T11:31:12Z