Institutional Investors and Environmental, Social, and Governance (ESG) Preferences
Project Description

Environmental, Social, and Governance (ESG) has become a very important topic around the globe due to climate change as well as a rise in social and environmental awareness. However, it is still not clear whether the most important players in financial markets, the institutional investors (e.g., mutual funds), care about ESG. This project aims to understand whether certain types of investors have specific preferences to ESG. This is a joint project with professors from the University of Chicago, University of California at Berkeley, and Boston University.

Course type
Applicant's Roles

The applicant will be responsible to collect data, manually match datasets, and read various reports related to ESG from, for instance, the U.S. Securities and Exchange Commission. Students may also engage in other data related tasks.

Applicant's Learning Objectives

The learning objective for this project is to:

(1) Enhance the understanding of ESG matters
(2) Allow to learn new data collection skills
(3) Examine whether the most important players in financial markets care about ESG matters
(4) Understand how ESG is measured
(5) Obtain new research skills
(6) Understand how the asset management industry and institutional investors work
(7) Obtain knowledge on the research frontier on ESG

Complexity of the project