Damodaran to give critical perspective of ESG

BVWireIssue #246-4
March 22, 2023

valuation methods & approaches
ASA, cost of capital, income approach, risk analysis, cash flow, conference

Never one to mince words, Aswath Damodaran (New York University Stern School of Business) called it “the most overhyped, oversold concept in the history of business.” That was back in 2020, and he was talking about environmental, social, and governance (ESG) factors. After mulling it over for a year, he reaffirmed his position and added a few more choice words, saying, “It’s become a gravy train for all the people who make money on ESG.” Fast-forward two years later to today: Has he changed his tune? Find out at the ASA Spring Fair Value Conference in New York City on May 4 where he will do a session, ESG and Valuation—A Critical Perspective. The full agenda for the conference is available if you click here. Don’t miss it!
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