Research Interests

Institutional Investors, Responsible Investing, Corporate Social Responsibility

Publications

• Russell Index Reconstitutions, Institutional Investors, and Corporate Social Responsibility Internet Appendix
  Critical Finance Review, Forthcoming

• Do Responsible Investors Invest Responsibly?, with Rajna Gibson Brandon, Philipp Krueger, Pedro Matos, and Tom Steffen
  Review of Finance, 2022, Volume 26, Issue 6, Pages 1389-1432

• Investor Horizons, Long-Term Blockholders, and Corporate Social Responsibility
  Journal of Banking & Finance, 2019, Volume 103, Pages 78-97

Working Papers

• Do Institutional Investors Stabilize Equity Markets in Crisis Periods? Evidence from COVID-19, with Pedro Matos, Stefano Ramelli, and Alexander F. Wagner
  • Management Science, Revise & Resubmit
  • Presentations: Fed Atlanta*, Bank of England*, FMA, FSU SunTrust Beach, LSE Systemic Risk Centre*, LTI-Bank of Italy Workshop on Long-Term Investors’ Trends*, Midwest Finance Association, UVA Darden Business School*, Virtual Asset Management Seminar Series (* presented by co-author)
  • Media coverage: Bloomberg, Darden Ideas to Action, Harvard Law School Forum on Corporate Governance, Institutional Investor, NZZ
  • Video: What can we learn from the market reactions to COVID-19?
    
    
• Diversity, Equity, and Inclusion, with Alex Edmans and Caroline Flammer
  • Ford Foundation and JUST Capital HCM Grant
  • Presentations: AFA (scheduled), EUROFIDAI Paris December (scheduled), FMA, PRI Academic Network*, University of Toledo, University of Zurich (* presented by co-author)
  • Media coverage: Board Agenda, Christian Science Monitor, FT Moral Money, Harvard Law Blog, VoxEU
    
    
• Decarbonizing Institutional Investor Portfolios: Helping to Green the Planet or Just Greening Your Portfolio?, with Vaska Atta-Darkua, Philipp Krueger, and Pedro Matos
  • Portuguese Finance Network Best Paper Award
  • GIWM Research Award
  • Presentations: AFA (scheduled), AMRA Research Symposium*, Bank of England Climate and Nature Seminar Series*, China International Conference in Finance*, Cornell ESG Investing Conference*, Drexel University Corporate Governance Conference*, ECGI Capitalism Revisited Conference*, European Finance Association*, FMA*, FMA Napa/Sonoma Finance Conference*, FRB IF Collab Week, HKU-TLV Finance Forum Tel Aviv*, ICPM Spring Discussion Forum*, IMF/World Bank Seminar*, Inquire Joint Spring Seminar*, Midwest Finance Association, Norges Bank Investment Management*, NTHU Symposium on Sustainable Finance and Economics*, Portuguese Finance Network*, PRI Academic Network*, University of Liechtenstein, World Symposium on Investment Research* (* presented by co-author)
  • Media coverage: Economist, Institutional Investor
    
    
• Repeat Offenders: ESG Incident Recidivism and Investor Underreaction
  • Cubist Systematic Strategies PhD Candidate Award for Outstanding Research
  • Presentations: AEFIN Finance Forum, AFFI, Binghamton University, Cornerstone Research, DGF (poster session), EUROFIDAI Paris December, Federal Reserve Board, Fulcrum Asset Management, McGill University, McMaster University, Monash Business School, Moody’s Analytics, PFMC, Rutgers University Camden, University of Exeter, University of Lille, University of Nottingham, University of Ottawa, University of San Diego, UNSW Sydney, Utrecht University, UVA Darden Business School, Western Finance Association
  • Media coverage: Agenda, City A.M., Columbia Law School Blue Sky Blog, Forbes, Forbes
    
    
• Catering Through Transparency: Voluntary ESG Disclosure by Asset Managers and Fund Flows, with Marco Ceccarelli and Mikael Homanen
  • Presentations: ASBS COP26 ESG and Climate Finance Conference*, EEA*, EUROFIDAI Paris December (scheduled), FMA, Midwest Finance Association, PRI Brownbag* (* presented by co-author)
    
    
• Which Institutional Investors Drive Corporate Sustainability?, with Marco Ceccarelli, Mikael Homanen, and Daniel Schmidt
  • GRASFI Best Paper Award for Transparency for Stakeholders
  • Presentations: ARCS Research Conference*, DGF*, EEA*, GRASFI*, Midwest Finance Association (* presented by co-author)
  • Media coverage: Institutional Money
    
    
• The Investment Skill of ESG-Aware Mutual Funds, with Marco Ceccarelli, Richard Evans, Mikael Homanen, and Ellie Luu
  • Presentations: DGF*, EEA*, GRASFI* (* presented by co-author)
    
    

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