Shareholder Primacy and Stakeholder Welfare
December 07, 2021
On November 17, Adam Smith Society Young Leaders gathered in New York City to listen to a fireside chat with MI’s Allison Schrager and AQR founder and Chief Investment Officer Cliff Asness on “Shareholder Primacy and Stakeholder Welfare.” The conversation considered strengths of shareholder primacy, the implications of this system on stakeholders, and unpacked what is meant by and should be expected of ESG investing.
For more on their perspectives, we recommend the articles “Virtue Is Its Own Reward” by Cliff Asness and “Profits, Not Causes” by Allison Schrager.
This event was exclusive to Adam Smith Society Young Leaders. Thank you for your continued support of the Adam Smith Society.
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