Index Funds and ESG Hypocrisy
Abstract
This Essay takes the position that the importation of ESG voting into index funds by the dominate players in the index fund industry is unacceptable because it creates an unresolvable conflict of interests, is misleading to those purchasing shares in mutual funds, and is undemocratic. This Essay argues that these issues could be resolved by the SEC promulgating rules creating a fund name taxonomy to make it clear to investors the nature of the funds in which they are investing.
Keywords
ESG, indexed funds
Publication Date
2021
Document Type
Article
Publication Information
71 Case Western Reserve Law Review 1295 (2021)
Repository Citation
Chaffee, Eric C., "Index Funds and ESG Hypocrisy" (2021). Faculty Publications. 2223.
https://scholarlycommons.law.case.edu/faculty_publications/2223
