SRI Awards
French SIF 2009 European Research Award ‘Finance and Sustainability’ Winners are:
Best Research Article: "Properties of the Social Discount Rate in a Benthamite Framework with Heterogeneous Degrees of Impatience“ Download summary (pdf)
Published in Management Science
A methodology to analyse costs and benefits of long-term social and environmental projects
Diego Nocetti (USA), Elyès Jouini (France/Tunisia), and Clotilde Napp (France)
Best Master’s Thesis: - “A behavioral finance perspective on sustainable energy environment decisions“ Download summary (pdf)
*University of St Gallen (Switzerland)
Sustainable energies are still not attractive enough for investors
Mélanie Oschlies (Germany)
Best PhD Thesis : “Corporate Governance and Sustainability in Global property Markets” Download summary (pdf)
*Maastricht University (Netherlands)
The long-term value of property assets will increasingly depend on environmental quality
Nils Kok (Netherlands)
3 research grants:
“Internalisation of large scale projects externalities” Download summary (pdf)
* Université Paris-Dauphine (France)
Dorothee Teichmann (Germany)
“What is the relationship between the Corporate Social Responsibility (CSR) practices of a firm and the firm’s value/performance“ Download summary (pdf)
* London Business School
Oguzhan Karakas (Turkey)/Elroy Dimson (UK)
“Reconcile solidarity and profitability: the challenge of social performances of microfinance institutions in Senegal” Download summary (pdf)
* Université Paris 1 La Sorbonne
Sonia Rahal (France)
To read (in French) Le Monde Economique (January 19, 2009) full coverage of the Award and interviews of the Award winners, click here.
French SIF 2008 European Research Award ‘Finance and Sustainability’ Winners are:
Best Research Article: – “Corporate Social Responsibility and managerial entrenchment” published in Journal of Economics and Management Strategy, fall 2007. Download summary (pdf)
* CESF, Universita di Salerno, CEPR, and ECGI
“The more formalised ethical codes are, the less management, including CEOs, will utilize them to their advantage ”
Giovanni Cespa / Giacinta Cestone (Italy)
Best Master’s Thesis: “Corporate Responsibility in Supply Chain Management – Case environmentally Responsible Procurement”.Download summary (pdf)
* Helsinki University of Technology
“Having the same norms respected all along the supply chain is impossible”
Kaisa Jungman (Finland)
Best PhD Thesis: “The Economic Virtues of SRI and CSR”.Download summary (pdf)
* RSM Erasmus & Maastricht Universities
“The contribution of social and environmental management can be financially evaluated”
Jeroen Derwall (Netherlands)
2 grants:
“Socially efficient discounting under ambiguity aversion”.Download summary (pdf)
* Toulouse School of Economics (LERNA)
Johannes Gierlinger (Austria)
”Real Options Approach to Valuation of the Voluntary Targets Proposal”.Download summary (pdf)
* University of Cambridge
Kirill Zavodov (Russia)
To read (in French) Le Monde Economique (January 21, 2008) full coverage of the Award and interviews of the Award winners, click here.
Watch the video from the 2008 Award Ceremony:
