活動日期: 2024/05/10(五)
地點:商學院8樓R260804
承辦單位:商學院
聯絡人:陳昱馨 0229393091分機88632
聯絡人:陳昱馨 0229393091分機88632
E-mail:yushin@nccu.edu.tw
講座姓名:Diana POP
講座現職:Maître de Conférences,Université d'Angers
【About the Speaker】
https://www.univ-angers.fr/fr/acces-directs/annuaire-2/p/o/uduser-diana-pop-fr.html
【Abstract】
The transparency regarding institutional investors’ sustainability inclination is becoming a double-edge
sword. This study provides empirical evidence that non-financial corporations disclosing the identity of
investors who subscribed to their green and ESG bond issues can attract more shareholders, on average,
than those with opaque bond holdings. At the same time, the study shows that awareness of a short list of
large investors facing political sanctions influences the trading decisions of small-size institutional and
retail investors. I use the announcement by the governor of Florida on July 27, 2022 regarding its intention
to ban BlackRock, and subsequent anti-ESG events to identify which asset managers and financial
institutions were blocked due to their environmental engagements. With data coverage spanning from
September 2015 to the end of 2022, the empirical results reveal a reshaping of the shareholder base of
green issuers in the early stages of the anti-ESG movement.
*This seminar focus on research. It will suitable for young reserachers and the gruadate students.