Workshop on ESG
In-person, ESCP Business School, Paris, March 17th 2023
This is an in-person workshop in which there will be ten paper presentations and discussions.
Location: ESCP Business School, 79, Avenue de la République, 75011 Paris
Room: Amphy Gelis, Building 4, 1st floor
Time: Friday, March 17th 2023, 8:15 to 18:30
Main organizer: Alberta Di Giuli (ESCP)
Co-organizers: Jose Martin-Flores (CUNEF) and Arthur Romec (TBS)
Program
8:15 Welcome Coffee & Registration
8:45 Welcome Speeches
Alberta Di Giuli (ESCP); Leon Laulusa (Dean - ESCP); Pramuan Bunkanwanicha (Research Dean - ESCP)
Chairs, Presenters and Discussants in bold
Session 1 Chair: Edith Ginglinger (Dauphine)
9:00 –9:45
Are All ESG Funds Created Equal? Only Some Funds Are Committed
Michelle Lowry (Drexel University), Pingle Wang (University of Texas at Dallas) and Kelsey D. Wei (University of Texas at Dallas)
Discussant: Arthur Romec (TBS)
9:45-10:30
Philipp Krueger (University of Geneva), Daniel Metzger (Erasmus University) and Jiaxin Wu (Stockholm School of Economics)
Discussant: Maria Teresa Marchica (Manchester Business School)
10:30-11:15
Understanding The Carbon Price(s) of Risk
Abraham Lioui (EDHEC)
Dicussant: Paul Karehnke (ESCP)
11:15 -11:45 Coffee Break
Session 2 Chair: Michael Troege (ESCP)
11:45 –12:30
Daniel Ferreira (London School of Economics) and Elena S. Pikulina (University of British Columbia)
Discussant: Hans Degryse (KU Leuven)
12:30-13:15
The Value of Skill Signals for Women's Careers
Alexandra Niessen-Ruenzi (University of Mannheim) and Leah Zimmerer (University of Mannheim)
Discussant: Francois Derrien (HEC)
13:15-14:15 Lunch
Session 3 Chair: Thomas David (ESCP)
14:15 –15:00
Managerial Response to Investor Environmental Demand
Stuart L. Gillan (University of North Texas), Naciye Sekerci (KU Leuven), and Laura T. Starks (University of Texas)
Discussant: Federica Salvade (PSB)
15:00-15:45
Green Sentiment, Stock Returns, and Corporate Behavior
Marie Briere (Amundi Asset Management; Paris Dauphine University; Université Libre de Bruxelles), Stefano Ramelli (University of St. Gallen)
Discussant: Marco Ceccarelli (Maastricht University)
15:45-16:30
ES Pay and Firms’ Environmental and Social Conduct
Roni Michaely (HKU), Thomas Schmid (HKU) and Menghan Wang (HKU)
Discussant: Jose Martin-Flores (CUNEF)
16:30-17:00 Coffee Break
Session 4 Chair: Tamara Nefedova (ESCP)
17:00 –17:45
The Moral Preferences of Investors: Experimental Evidence
Jean-Francois Bonnefon (TSE and Harvard Law School), Augustin Landier (HEC), Parinitha Sastry (Federal Reserve Bank of New York) and David Thesmar (MIT)
Discussant: Laurent Bach (ESSEC)
17:45-18:30
“Glossy Green” Banks: The Disconnect Between European Banks’ Sustainability Reporting and Lending Activities
Mariassunta Giannetti (Stockholm School of Economics), Marina Jasova (Barnard College), Maria Loumioti (University of Texas at Dallas), and Caterina Mendicino (European Central Bank)
Discussant: Alexandre Garel (Audencia)