Letters to the Editor
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not much there either
I think it's also easy to overstate the effect of shareholder stewardship. Management makes all the day to day decisions for companies, while shareholders wield tools that are extremely weak and blunt by comparison. Even with a substantial stake in a company (a high-risk move), green funds have to contend with other shareholders over the investment/corporate imperative: maximize return. Shareholder activism can do some good in an advisory and watchdog capacity, but don't expect more than that.