News
FiRe Seminar with Nanny Dewi
16.05.2024Nanny Dewi (University of Padjadjaran) visited the University of Graz for a week as part of the Erasmus International Teaching Mobility program. We seized the opportunity and invited her to give a joint FiRe research seminar and teaching talk. Prof. Dewi reported about research conducted by her bachelor students, studying the impact of the COVID-19 pandemic on the market reaction to corporate earnings announcements. Her talk was followed by a lively discussion both in the seminar room and with the platform members who joined us online.
Erik Theissen joins Commission of Exchange Experts
15.04.2023Erik Theissen was appointed to the Commission of Exchange Experts of the German Federal Ministry of Finance. This commission advises the Federal Ministry of Finance in questions of capital market policy. Its members include high-ranking representatives of significant German firms such as Siemens AG, DZ Bank AG, Deutsche Post AG, and Deutsche Bundesbank. Erik Theissen will provide his scientific expertise to the commission for the next three years, starting on April 15th, 2024.
Paper on sustainable investments
11.03.2024Together with researchers from Vienna, Stavanger and Brussels, Stefan Palan recently published a paper titled "Can information provision and preference elicitation promote ESG investments? Evidence from a large, incentivized online experiment" in the Journal of Banking and Finance. They study the role that providing information about financial returns and environmental, social, and governance (ESG) impacts plays in influencing investors' decisions towards sustainable investments.
The paper reveals that both financial return information and ESG impact information stimulate investors towards ESG investments. Interestingly, combining these two types of information does not enhance the effect beyond presenting either one alone. This insight is crucial for financial advisors and institutions looking to promote ESG investments among their clients, as it suggests a targeted approach to information provision can be effective.
