ESG ratings play a crucial role in investment decisions, but how good is the governance pillar within these ratings? Join us for an insightful webinar based on the latest research on the topic, where professors Marco Becht and Kornelia Fabisik critically assess the conceptual framework underlying governance ratings and usefulness of the products that are currently on offer.
Key Questions:
- What is the conceptual framework that underlies governance ratings?
- Do governance ratings provide useful signals for investors?
- Why do some governance scores show counterintuitive results?
- How could the governance measurement be improved?
This discussion is essential for investors, policymakers, and anyone interested in the practical use of ESG metrics. Don’t miss the opportunity to explore the governance ratings in greater depth.
Suggested reading: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5111506
Speakers
Marco Becht
Professor of Finance and the Goldschmidt Chair Professor of Corporate Governance and Stewardship, Solvay Brussels School of Economics and Management at Université libre de Bruxelles
Marco Becht
Marco Becht is a Professor of Finance and the Goldschmidt Chair Professor of Corporate Governance and Stewardship at the Solvay Brussels School of Economics and Management at Université libre de Bruxelles, where he teaches master's courses on corporate governance and responsible capitalism. He is also a Visiting Professor at Imperial College London.
Becht is a Founding Member, a Fellow, and the Executive Director of the European Corporate Governance Institute (ECGI), an international nonprofit scientific association, and a Fellow in Financial Economics at the Centre for Economic Policy Research (CEPR). He also co-founded the Global Corporate Governance Colloquia (GCGC) series. His research focuses on corporate control, shareholder engagement, hedge fund activism and responsible investment. In 2023 he won the PRI Award for Outstanding Research for research on the responsible investment programme of the Japanese Government Pension Investment Fund (GPIF).
Kornelia Fabisik
Assistant Professor of Finance, University of Bern
Kornelia Fabisik
Kornelia Fabisik is an Assistant Professor of Finance at the University of Bern. She does research in empirical corporate finance, corporate governance, and sustainable finance with a focus on environmental, social, and governance (ESG) ratings. She is a Research Affiliate at the Centre for Economic Policy Research (CEPR) and one of the recipients of the 2021 Lamfalussy Research Fellowship from the European Central Bank (ECB). She also received the “2022 Rising Star Award” from the International Corporate Governance Network (ICGN).
Prior to joining the University of Bern, she was an Assistant Professor of Finance at the Frankfurt School of Finance & Management, where she continues as a Visiting Professor. She is a CFA and PRM chaterholder, and also holds the CFA Institute Certificate in ESG Investing, and is a Certified Eurex Exchange Trader.