Program
Monday, August 20, 2018
08.30 – 09.00 Registration and Coffee
09.00 – 09.45
Keynote Laura Starks (University of Texas Austin), “Institutional investors and ESG Issues”
09.45 – 10.30
Keynote Philipp Krueger (University of Geneva), “The Value Implications of Sustainability”
10.30 – 11.00 Coffee
11.00 – 12.00
Panel discussion: “Can Sustainability Generate Outperformance in Public Markets? If not, Should Investors Pursue it Anyway?” with Magnus Billing (Alecta), Laura Starks (University of Texas Austin) and Javiera Ragnartz (AMF)
Moderator: Pehr Wissén (Stockholm School of Economics, SHoF)
12.00 – 13.00 LUNCH (at conference venue)
13.00 – 13.45
Keynote Adair Morse (UC Berkeley), “Impact Investing”
13.45 – 14.30
Keynote Alex Edmans (London Business School), “The Business Case for Purposeful Business”
Coffee Break 14:30 pm – 15:00 pm
15.00 – 16.30
Panel discussion: “The Role of Investors in Building Sustainable Firms” with Alex Edmans, Åsa Riisberg (EQT), Frida Siwe (Norrsken)
Moderator: Bo Becker (Stockholm School of Economics, SHoF)
Tuesday, August 21, 2018
Registration and Coffee 08:30 am – 09.00 am
09.00 – 09.45
Karl Lins (University of Utah), “Control Rights and Corporate Sustainability Around the World ”, discussant Dirk Jenter(London School of Economics)
09.45 – 10.30
Gustav Martinsson (KTH Royal Institute of Technology and SHoF), “Can Environmental Policy Redirect Technical Change? Pollution Taxes, R&D, and Clean Technology Development”, discussant Tania Babina (Columbia Business School)
10.30 - 11.00 BREAK
11.00 – 11.45
Pedro Matos (Darden), “Leviathan Inc. and Corporate Environmental Engagement”, discussant Per Strömberg(Stockholm School of Economics, SHoF)
11.45 – 12.30
Andreas Hoepner (UC Dublin), “ESG Shareholder Engagement and Downside Risk”, discussant Jessica Jeffers (Chicago Booth)
12.30 – 13.15 LUNCH
13.15 – 14.05
Enrichetta Ravina (Northwestern University), “Investor Ideology”
Ryan Bubb (New York University), “The Party Structure of Mutual Funds”
14.05 – 14.15 BREAK
14.15 – 15.00
Oğuzhan Karakaş (University of Cambridge), “Coordinated Engagements”, discussant Hannes Wagner (Bocconi)
15.00 – 15.45
Samuel Hartzmark (Chicago Booth),” Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows”, discussant Mariassunta Giannetti (Stockholm School of Economics, SHoF)
15.45- 16.00 BREAK
16.00 – 16.45
Shan Hua (Henley Business School), “How does the stock market reward companies with a lower carbon footprint?”, discussant Thummim Cho (London School of Economics)
16.45 – 17.30
Philipp Krueger (University of Geneva), “The Sustainability Footprint of Institutional Investors”, discussant Gustav Martinsson (KTH, SHoF)