Tom Gosling interviews Aswath Damodaran, Professor of Finance at NYU Stern, in the latest episode of the Does Sustainable Investing Work? - series co‑authored by Gosling and Harald Walkate.

They discuss how performance‑chasing capital diluted ESG’s purpose, the failure of current metrics to capture real‑world impact, and how pushing fossil assets into private markets—where scrutiny is weaker—can undermine sustainability, underscoring that real progress depends on voters and consumers.

Tom Gosling interviews Samuel Lee, Associate Professor of Finance at Santa Clara University and ECGI Research Member, about his ECGI Working Paper, “The Evolution of the Market for Corporate Control,” which won the 2025 ECGI Finance Prize and was co-authored with Mike Burkart and Paul Voss.ECGI Conversations is a compelling interview series aimed at uncovering valuable insights, ideas, and perspectives from cutting-edge academic research. Hosted by ECGI Executive Fellow, Dr. Tom Gosling, this series promises to bring forth engaging discussions with leading experts in the field.

The market for corporate control has transformed—activism, regulation, cross-border M&A, and private equity all play new roles. Dr. Samuel Lee (Santa Clara University; ECGI Research Member) discusses findings from the ECGI Working Paper The Evolution of the Market for Corporate Control (with Mike Burkart and Paul Voss), winner of the 2025 ECGI Finance Prize.

Read the paper here: https://www.ecgi.global/publications/...

More such conversation series videos here: https://www.ecgi.global/publications/videos/series/ecgi-conversations