In October 2020, we hosted the PRI Academic Week, a 5-day virtual event sharing the latest ESG research moderated by members of the PRI Academic Network.
Please find links to the papers and presentations, where we have permission to share them within the agenda below.
Agenda
Overview
Date & Time
Themes & Papers
Monday 5 October
14:00-16:30 GMT+1
COVID and Grand Challenges
Paper 1: Resiliency of Environmental and Social Stocks: An analysis of the Exogenous Covid-19 Market Crash (Presentation)
Paper 2: The Role of ESG Performance during Times of Financial Crisis Evidence from Covid-19 in China
Paper 3: What does not kill you, makes you stronger: Striving for deliberative governance at the United Nations supported Principles for Responsible Investment
Tuesday 6 October
14:00-16:30 GMT+1
Responsible Investors
Paper 4: Responsible Institutional Investing Around the World
Paper 5: The Asymmetry in Responsible Investing Preferences
Paper 6: The dynamics of imitation and interorganizational collective attention to the Sustainable Development Goals
Wednesday 7 October
14:00-16:30 GMT+1
Shareholder Engagement & Environmental Politics
Paper 7: Obstacles to Sustainable Energy Transitions in the US States: Insights from the Citizens United Ruling
Chair: Pedro Matos (Darden School of Business, University of Virginia)
14:15 – 14:55
Paper 1: Resiliency of Environmental and Social Stocks: An analysis of the Exogenous Covid-19 Market Crash
Authors:Rui Albuquerque (Boston College), Yrjo Koskinen (University of Calgary), Shuai Yang (University of Calgary) and Chendi Zhang (University of Exeter) (Presentation)
Academic Discussant: Alexander Wagner (University of Zurich) (Presentation)
Practitioner Discussant: Doug Grim, Senior Investment Strategist (The Vanguard Group)
14:55 – 15:35
Paper 2: The Role of ESG Performance during Times of Financial Crisis Evidence from Covid-19 in China
Authors: David C Broadstock (Hong Kong Polytechnic University), Kalok Chan (Chinese University of Hong Kong), Louis TW Cheng (Hong Kong Polytechnic University) and Xiaowei Wang (Chinese University of Hong Kong)
Academic Discussant: Qifei Zhu (Nanyang Technological University)
Practitioner Discussant: Jason Hsu, Chairman and CIO (Rayliant Global Advisors)
15:35 – 16:13
Paper 3: What does not kill you, makes you stronger: Striving for deliberative governance at the United Nations supported Principles for Responsible Investment
Authors:Jean-Pascal Gond (City, University of London) and Szilvia Mosonyi (Queen Mary University of London)
Academic Discussant: Diane-Laure Arjalies (Ivey Business School)
Chair: Fabrizio Ferraro (IESE Business School, University of Navarra)
14:05 – 14:45
Paper 4: Responsible Institutional Investing Around the World
Authors: Rajna Gibson Brandon (University of Geneva), Simon Glossner (University of Virginia), Philipp Krueger (University of Geneva), Pedro Matos (University of Virginia) and Tom Steffen (Osmosis Investment Management)
Academic Discussant: Oğuzhan Karakaş (University of Cambridge) (Presentation)
Practitioner Discussant: Jon Lukomnik, Managing Partner (Sinclair Capital)
14:45 – 15:25
Paper 5: The Asymmetry in Responsible Investing Preferences
Authors: Jacquelyn Humphrey (University of Queensland), Shimon Kogan (MIT Sloan & IDC Herzliya), Jacob Sagi (UNC Chapel Hill) and Laura Starks (UT Austin)
Academic Discussant: Rob Bauer (Maastricht University)
Practitioner Discussant: Lukasz Pomorski, Managing Director (AQR Capital Management)
15:25 – 16:05
Paper 6: The dynamics of imitation and interorganizational collective attention to the Sustainable Development Goals
Author:Kevin Chuah (London Business School)
Academic Discussant: Brayden King (Northwestern University)
Practitioner Discussant: Michael Viehs, Head of ESG Integration (Federated Hermes)
16:05 – 16:25
Q&A
Moderated by: Fabrizio Ferraro (IESE Business School, University of Navarra)
16:25 – 16:30
Closing remarks
Chair: Fabrizio Ferraro (IESE Business School, University of Navarra)
Day 3: Shareholder Engagement & Environmental Politics
Authors: Tiziano De Angelis (University of Leeds), Peter Tankov (CREST and ENSAE Paris) and Olivier David Zerbib (Tilburg University and University of Lyon)
Academic Discussant: Martin Oehmke (London School of Economics)
Practitioner Discussant: Edward Baker, Senior Specialist, Climate and Energy Transition (PRI)
13:05 – 13:25
Q&A
Moderated by: Christina Ahmadjian (Graduate School of Business Administration, Hitotsubashi University)
13:25 – 13:30
Closing remarks
Chair: Christina Ahmadjian (Graduate School of Business Administration, Hitotsubashi University)
Chair: Caroline Flammer (Questrom School of Business, Boston University)
14:15 – 14:55
Paper 13: Renewable Governance: Good for the Environment?
Authors:Alexander Dyck (University of Toronto), Karl V Lins (University of Utah), Lukas Roth (University of Alberta), Mitch Towner (University of Arizona) and Hannes F Wagner (Bocconi University)
Practitioner Discussant: Lloyd Kurtz, Head of Social Impact Investing (Wells Fargo)
15:35 – 16:15
Paper 15: Equity Market Reaction to Pay Dispersion and Shareholders’ Prosocial Preferences
Authors: Yihui Pan (University of Utah), Elena S Pikulina (University of British Columbia), Stephan Siegel (University of Washington) and Tracy Yue Wang (University of Minnesota)
Academic Discussant: Alex Edmans (London Business School)
Practitioner Discussant: Elena Espinoza, Interim Head of Social Issues (PRI)
16:15 – 16:25
Q&A
Moderated by: Caroline Flammer (Questrom School of Business, Boston University)
16:25 – 16:30
Closing remarks
Chair: Caroline Flammer (Questrom School of Business, Boston University)
