Philipp Krüger
Professor of Finance, University of Geneva (GSEM, GFRI)
Senior Chair, Swiss Finance Institute
Contact details
University of Geneva
Geneva School of Economics and Management
Geneva Finance Research Institute
UNIMAIL,Bd du Pont d'Arve 40
1211 Geneva 4
Switzerland
Tel.: +41-(0)22-3798569
philipp(dot)krueger(at)unige(dot)ch
Publications
Corporate Goodness and Shareholder Wealth, Journal of Financial Economics, 2015
BSI Gamma Foundation Grant “Socially Responsible Investing,” 2011
The WACC Fallacy: The Real Effects of Using a Unique Discount Rate, with Augustin Landier and David Thesmar, The Journal of Finance, 2015
EFMA Larry Lang Corporate Finance Best Paper Award, 2011
Financial Management Association Annual Meetings 2011, Best Paper in Corporate Finance, Semi Finalist
Sticky Expectations and the Profitability Anomaly, with Jean-Philippe Bouchaud, Augustin Landier, and David Thesmar, The Journal of Finance, 2019
Financial Management Association Annual Meetings 2017, Best paper in Investments, Semi Finalist
The Importance of Climate Risk for Institutional Investors, with Zacharias Sautner and Laura Starks, The Review of Financial Studies, 2020
ICPM Climate Change Research Award
#8 Most Cited Article over Last 5 Years in the Review of Financial Studies (2017-2021)
Cited in IMF’s Global Financial Stability Report (April 2020), ECB’s Financial Stability Review (May 2021), and speeches by central bankers (Bundesbank President Dr. Weidmann or SNB Board Member Dr. Maechler)
Cited in Proposed Rule Change "The Enhancement and Standardization of Climate-Related Disclosures for Investors" by Securities and Exchange Commission (Link)
ESG Rating Disagreement and Stock Returns, with R. Gibson Brandon and P. Schmidt, Financial Analysts Journal, 2021
Top 30 All Time Most Read Articles Financial Analysts Journal
How Do Investors and Firms React to a Large, Unexpected Currency Appreciation Shock?, with Matthias Efing, Ruediger Fahlenbrach, and Christoph Herpfer, The Review of Corporate Finance Studies, forthcoming
Do Responsible Investors Invest Responsibly?, with R. Gibson-Brandon , S. Glossner, P. Matos, and T. Steffen), Review of Finance, 2022
John L. Weinberg/IRRCi Research Paper Award (semi-finalist)
Fordham Gabelli - PVH Corp Global Thought Leadership Grant
ICPM Research Award
Cited in a statement by SEC Commissioner Caroline A. Crenshaw (Link)
Climate Risk Disclosure and Institutional Investors, with E. Ilhan, Z. Sautner, and L. Starks, The Review of Financial Studies, forthcoming
Finalist John L. Weinberg/IRRCi Research Award Competition 2022
Cited in Proposed Rule Change "The Enhancement and Standardization of Climate-Related Disclosures for Investors" by Securities and Exchange Commission (Link)
Working Papers
ESG News, Future Cash Flows, and Firm Value? (with Derrien, Landier, and Yao)
SFS Cavalacade 2022, AFA 2023
The Effects of Mandatory ESG Disclosure Around the World (with Sautner, Tang, and Zhong)
AFA 2022
The Economics of Sustainability Linked Bonds (with T. Berrada, L. Engelhardt, and R. Gibson Brandon)
Decarbonizing Institutional Investor Portfolios (with V. Atta-Darkua, S. Glossner, and P. Matos)
Discretionary Information in ESG Investing: A Text Analysis of Mutual Fund Prospectuses (with A. Andrikogiannopoulou, S. Mitali, and F. Papakonstantinou)
GIWM research grant, 2021
The Sustainability Wage Gap (with Metzger and Wu)
ECGI GCGC 2021, EFA 2021, AFA 2022
Best Conference Paper EFA 2021, Runner up
Mandatory Corporate Carbon Disclosure: Evidence from a Natural Experiment (with V. Jouvenot)
AFA 2021
Cited in Proposed Rule Change "The Enhancement and Standardization of Climate-Related Disclosures for Investors" by Securities and Exchange Commission (Link)
The Sustainability Footprint of Institutional Investors: ESG Driven Price Pressure and Performance (with Gibson Brandon and Mitali)
Best quantitative paper, Principles for Responsible Investment (PRI) Academic Network Conference 2017
Financial Management Association Annual Meetings 2018, Best Paper in Investments, Semi Finalist
Climate Change and Firm Valuation: Evidence from a Quasi-Natural Experiment
Moskowitz Prize in Socially Responsible Investing 2015 (Link)
Financial Management Association Annual Meetings 2016, Best Paper in Corporate Finance, Semi Finalist
Social Responsibility and the Board of Directors
Best Paper Award Principles for Responsible Investment (PRI) Academic Conference, 2010
Philipp Krueger, Philipp Kruger, Sustainable finance, ESG, CLimate finance, SRI