The HEC-HKUST Workshop on Impact and Sustainable Finance brings together researchers from Europe and Asia to share their latest research and ideas in this emerging field. The workshop will take place on Dec 17-18, 2024, in both Paris and Hong Kong, featuring presentations from HEC Paris, HKUST, and other researchers across Europe and Asia. The aim of the workshop is to create a platform for collaboration and knowledge-sharing between the two continents, while minimizing the need for travel and promoting sustainable practices.
December 17, 2024
9:00am-9:45am (Paris time); 4:00pm-4:45pm (HK time)
Rewiring Supply Chains Through Carbon Pricing Policy
by Emanuela Benincasa (University of Zurich), Olimpia Carradori (University of Zurich), Miguel Ferreira (Nova University Lisbon), and Emilia Garcia-Appendini (Norges Bank and University of Zurich)
discussed by Tong Li (Xiamen University)
9:45am-10:30am (Paris time); 4:45pm-5:30pm (HK time)
Green Multistakeholderism
by Briana Chang (HKUST) and Harrison Hong (Columbia University)
discussed by Johan Hombert (HEC Paris)
10:45am-11:30am (Paris time); 5:45pm-6:30pm (HK time)
All Hat and No Cattle? ESG Incentives in Executive Compensation
by Matthias Efing (HEC Paris), Stefanie Ehmann (University of Tübingen), Patrick Kampkötter (University of Tübingen), and Raphael Moritz (University of Tübingen)
discussed by Darwin Choi (HKUST)
11:30am-12:15pm (Paris time); 6:30pm-7:15pm (HK time)
Mild Government Intervention through Mandatory Disclosure: Regulatory Salience and Corporate ESG Tradeoffs
by Yi Jiang (Harbin Institute of Technology, Shenzhen), Ya Kang (CUHK), and Hao Liang (SMU)
discussed by Marco Ceccarelli (VU Amsterdam)
12:15pm-1:00pm (Paris time); 7:15pm-8:00pm (HK time)
Technology Entrepreneurs’ Environmental Commitments and Crowdfunding Outcomes
by Vesa Pursiainen (University of St Gallen), Meichen Qian (University of Chicago), and Dragon Yongjun Tang (HKU)
discussed by Elvira Sojli (UNSW)
2:15pm-3:15pm (Paris time)
Kick-Off of the HEC Center for Impact Finance Research (HCIFR)
2:00pm-2:15pm Welcome by Andrea Masini and presentation of the HCIFR by Stefano Lovo
2:15pm-3:15pm Round table discussion: On the Impact of Financial Intermediation on Sustainability
Chair: Jessica Jeffers (HEC Paris)
Speakers: Geraldine Gouges (Rothschild&Co), Augustin Landier (HEC Paris), Julie Malzac (Accuracy), David Vaillant (BNP)
December 18, 2024
9:00am-9:45am (Paris time); 4:00pm-4:45pm (HK time)
Climate Polarization and Green Investment
by Anders Anderson (Stockholm School of Economics) and David T. Robinson (Duke University)
discussed by Elise Gourier (ESSEC)
9:45am-10:30am (Paris time); 4:45pm-5:30pm (HK time)
Who Should Pay for ESG Ratings?
by Stefano Lovo (HEC Paris) and Jacques Olivier (HEC Paris)
discussed by Martin Szydlowski (HKUST)
10:45am-11:30am (Paris time); 5:45pm-6:30pm (HK time)
Financial Frictions and Pollution Abatement Over the Life Cycle of Firms
by Min Fang (University of Florida), Po-Hsuan Hsu (National Tsing Hua University), and Chi-Yang Tsou (University of Manchester)
discussed by Teodor Duevski (HEC Paris)
11:30am-12:15pm (Paris time); 6:30pm-7:15pm (HK time)
Corporate Taxation and Carbon Emissions
by Luigi Iovino (Bocconi University), Thorsten Martin (Frankfurt School), and Julien Sauvagnat (Bocconi University)
discussed by Wenxi Jiang (CUHK)
12:15pm-1:00pm (Paris time); 7:15pm-8:00pm (HK time)
The Incident-Driven Green Products
by Yifei Zhang (Peking University HSBC Business School)
discussed by François Derrien (HEC Paris)