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SEC Rule 14a-8 Working Paper
SEC Rule 14a-8 Working Paper
Rule 14a-8 has let shareholders put proposals to a vote for more than eighty years, and the SEC now seems poised to rewrite or repeal it. In an October 2025 keynote, Chairman...
Some Further Thoughts on Sustainability and Financial Performance
Some Further Thoughts on Sustainability and Financial Performance
Yesterday the Harvard Business Review published a short piece written by Shiva Rajgopal and me titled “AI Can Measure How ESG Really Impacts the Bottom Line.” The foundation for...
AI Can Measure How ESG Really Impacts the Bottom Line
AI Can Measure How ESG Really Impacts the Bottom Line
Recently, the two of us put four widely available large language models to work on ExxonMobil’s public disclosures. The goal was not to produce another ESG score, and it was not...
A Safe Harbor for Financially Material Sustainability Disclosures
A Safe Harbor for Financially Material Sustainability Disclosures
On May 29, 2026, the Securities and Exchange Commission proposed rescinding its climate-related disclosure rule in its entirety. The rule, adopted in March 2024, had been stayed...
Writing a Comment Letter to the SEC on Semiannual Reporting
Writing a Comment Letter to the SEC on Semiannual Reporting
On May 5, 2026 the SEC issued a proposed rule on semiannual reporting “to allow companies to file semiannual reports on new Form 10-S in lieu of quarterly reports on Form 10-Q to...
CSOs Need to Buck Up
CSOs Need to Buck Up
Part 2 of “Making Sustainability Financially Relevant: A Man/Machine Collaboration” by Professor Shivaram Rajgopal and me is titled “The Operating Manual: Making It Work Inside...
The Meridian Institute Grows Up
The Meridian Institute Grows Up
The London campus opened in September 2031 with 47 students and a space in Clerkenwell that had been a design studio and before that a printworks and before that…
The AI Data-Center Panic Is Running on False Facts
The AI Data-Center Panic Is Running on False Facts
In my last piece, I argued that opposition to AI data centers has outgrown its origins. It is no longer a fringe environmental complaint or a local zoning nuisance; it has become...
The Birth of the Meridian Institute
The Birth of the Meridian Institute
January 14, 2029. Delaware has just registered the Meridian Institute as a public benefit corporation (PBC) and it exists now, legally, as a thing in the world. PBC. Not a...
Making Sustainability Financially Relevant
Making Sustainability Financially Relevant
Last week Professor Shiva Rajgopal and I published our book “Making Sustainability Financially Relevant: A Man/Machine Collaboration.” We think it’s a timely and much needed book. Over the past five…
The Carver School of Business at Alderton University
The Carver School of Business at Alderton University
The email arrived on a Tuesday in February 2029, as most consequential things at Alderton did, buried between a reminder about the faculty parking lottery and a message from...
The Artisanal Paper Is Dead
The Artisanal Paper Is Dead
Consider two scenes. Scene one: Two accounting professors at lunch. One mentions an empirical puzzle she noticed in earnings announcements. The other asks a clarifying question....
The Bipartisan Opposition to AI Data Centers
The Bipartisan Opposition to AI Data Centers
The archetypes of the left and the right don’t agree on much. Climate is often cited as a prime example, although I should emphasize this is the archetypes, not most Americans. I...
The Future We Can Build Together
The Future We Can Build Together
My book “An American’s Guide to Climate Change: How America Can Lead and Prosper” has been published. Here is the book trailer. I have written this book for Americans who are...
Reflecting on My First Year Anniversary with AI
Reflecting on My First Year Anniversary with AI
It all began on February 26, 2025. I was having lunch with my good friend Gina Ashe at the adorable Main Streets Market & Café in the historic and charming town center of...
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