Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows
As firms invest more resources in sustainable and socially responsible endeavors, it is important to know whether such investments reflec
As firms invest more resources in sustainable and socially responsible endeavors, it is important to know whether such investments reflec
13 August 2018 – Brussels.
There is a growing sense among academics and practitioners that common ownership—where two firms are at least partially owned by the same
Our paper, Non-Shareholder Voice in Bank Governance: Board Composition, Performance and Liability, takes as its general starting
Theory as well as empirical studies suggest that voting at annual general shareholder meetings (AGMs) creates value.
Guy Jubb, a Director of the ECGI, was appointed interim Chairman of the Board on August 30, 2018, succeeding David Devlin, who remai
There is evidence that some “corporate governance indices” predict higher firm values in emerging markets, but little evidence on which s
Institutional Investors are currently the dominant category of shareholders in stock markets and have attracted considerable attention by
Government regulation on disclosure differs considerably across countries. This gives rise to some interesting research questions.
Passive investors, such as Vanguard or Blackrock, that track an index and have no discretion over their investments own a growin