This includes internal management of systems and disclosures as well as external engagement with public companies, institutional investors, advocacy groups, and other stock exchanges. His work has been published in Forbes and the Sustainable Accounting Review, and he is a regular contributor to Capital Finance International. from the University of Texas, and lives outside Washington D.C.Christopher P. Skroupa: How do stock exchanges navigate the space between companies, investors, and regulators? Some stock exchanges have a listing rule related to ESG disclosure; many others, like Nasdaq, emphasize a program of voluntary participation. Harvey: Exchanges have quasi-regulatory ties to listed companies already, specifically requiring some governance and economic disclosures, but the push for “non-financial” data is tricky.

Source: Forbes November 25, 2016 12:00 UTC