FIR-PRI Finance & Sustainability Awards 2023



Do Investors Care About Impact?

Florian Heeb, Julian Kölbel, Falko Paetzold & Stefan Zeisberger – University of Zurich

in The Review of Financial Studies 00 (2022) 1-51

FIR-PRI Finance & Sustainability Awards 2022



Get Real! Individuals Prefer More Sustainable Investments

Rob Bauer, Tobias Ruof & Paul Smeets – School of Business and Economics at Maastricht University

in The Review of Financial Studies 34 (2021) 3976–4043


FIR-PRI Finance & Sustainability Awards 2021



Disentangling the effects of hedge fund activism on firm financial and social performance

Mark DesJardine, Smeal College of Business at Pennsylvania State University & Rodolphe Durand, HEC Paris

in Strategic Management Journal,  2020; 41: 1054–1082.

European FIR-PRI Awards 2021

From left to right, back then front: Olivier David Zerbib, Best PhD Thesis; Thiên-Minh Polodna, French SIF; Grégoire Cousté, French SIF; Claude Jouven, Co-founder of the Awards, Micheline Bourny-Thaumiaux, Steering Committee member; Jean-Philippe Desmartin, Co-founder of the Awards; Karolina Bassa, PhD Research Grant winner; Rodolphe Durand, Best Published Article; Lise Moret, Chairwoman of French SIF Research Commission; Christophe Revelli, 2021 Jury Chairman. Missing: Joseph E. Aldy & Gianfranco Gianfrate, Best Pedagogical Innovation; Anatole Douaud, Best Master Thesis, Mark DesJardine, Best Published Article with Rodolphe Durand

FIR-PRI Finance & Sustainability Awards 2020



Leverage points in the financial sector for seafood sustainability

Jean-Baptiste Jouffray – Stockholm Resilience Centre at Stockholm University

Co-authors: Beatrice Crona, Emmy Wassénius, Jan Bebbington, Bert Scholtens

in Science Advances, Vol 5, n°10, October 2, 2019.

FIR-PRI Finance & Sustainability Awards 2019



The Jury has decided to award two articles this year giving their high standing and great contribution to the field

Fossil Fuel Divestment and Portfolio Performance

Arjan Trinks – University of Groningen

Co-authors: Bert Scholtens, Machiel Mulder & Lammertjan Dam – University of Groningen

Creating Common Ground: A Communicative Action Model of Dialogue in Shareholder Engagement

Fabrizio Ferraro – IESE Business School

Daniel Beunza – Cass Business School

European FIR-PRI Awards 2019

From left to right, back then front: Mikael Homanen, PRI Head of academic research – Alex Clark, PhD Research Grant – Mélanie Comble, Best Master Thesis – Antoine Mach, Best Pedagogical Innovation – Sylvain Marsat, 2019 Jury Chair – Laurent Deborde, Jury member – Nicolas Mottis, Jury member – Claude Jouven, co-founder of the Awards – Andrea Baranzini, Best Pedagogical Innovation – Arjan Trinks, Best Published Article – Stéphanie Giamporcaro, Jury member – Jean-Philippe Desmartin, co-founder of the Awards – Lise Moret, Jury member, French SIF’s Research Committee Chair – missing: Fabrizio Ferraro & Daniel Beunza: Best Published Article ; Jakob Thomä, Best PhD Thesis

FIR-PRI Finance & Sustainability Awards 2018



When do Theories Become Self-fulfilling? Exploring the Boundary Conditions of Performativity

Emilio Marti – Rotterdam School of Management & Jean-Pascal Gond – Cass Business School & Fellow at Stockholm School of Economics

From left to right: Lucas Kruitwagen – David Kampmann – Shane Tomlinson, Best Pedagogical Innovation – Catherine Chisem, Best Master Thesis – Christophe Revelli, Best Pedagogical Innovation – Thiên-Minh Polodna, French SIF – Jean-Pascal Gond, Best Published Article – Stéphanie Giamporcaro, 2018 Jury Chairwoman – Emilio Marti, Best Published Article – Claude Jouven, Co-founder of the Awards – Mathieu Gomes, Best PhD Thesis, Jean-Philippe Desmartin, Co-founder of the Awards – Alexis Masse, French SIF Chairman – Marie Luchet, PRI Head of France & Francophone Programme – missing : Florian Heeb, PhD Research Grant

FIR-PRI Finance & Sustainability Awards 2017



A Credit Score System for Socially Responsible Lending

Begoña Gutiérez-Nieto, Carlos Serrano-Cinca & Juan Camon-Cala – Universidad de Zaragoza

From left to right: Christel Dumas, 2017 Jury Chair – Begoña Gutiérrez-Nieto, Best Published Article (Missing : Carlos Serrano-Cinca & Juan Camon-Cala) – Lisa Schophol, Best PhD Thesis ex-aequo – Nora Pankratz, Research Grant – Martin Skancke, PRI Chair – Vanya Rusinova, Best Master Thesis – Camille Meyer, Best PhD Thesis ex-aequo – Jean-Philippe Desmartin, Co-founder of the Award – Missing : Thierry Sibieude,
Best Pedagogical Innovation

FIR-PRI Finance & Sustainability Awards 2016



Active Ownership

Elroy Dimson (British), Oguzhan Karakas (Turkish) & Xi Li (Chinese)

From left to right: Nathan Fabian, Director of Policy & Research, PRI – Claude Jouven, Co-founder of the Award – Afshin Mehrpouya, 2016 Jury Chair – Xi Li & Oguzhan Karakas, Best Published Article (Missing: Elroy Dimson) – Liudmila Strakodonskaya, Research Grant – Gwenaël Roudaut, Best PhD Thesis – Thierry Philipponnat, French SIF Chairman – Elizabeth Harnett, Best Master Thesis – Grégoire Cousté, French SIF Executive Director – Jean-Philippe Desmartin, Co-founder of the Award – Missing: Volker Hoffman, Julian Kölbel & Falko Paetzold, Best Pedagogical Innovation

FIR-PRI Finance & Sustainability Awards 2015



Does Corporate Social Responsibility Lead to Superior Financial Performance? A Regression Discontinuity Approach

Caroline Flammer (Swiss)

FIR-PRI Finance & Sustainability Awards 2014



Loyalty-Shares: Rewarding Long-term Investors

Patrick Bolton (French and American) & Frédéric Samama (French)

FIR-PRI Finance & Sustainability Awards 2013



Portofolio Greenness and the Financial Performance of REITs

Piet Eichholtz (Dutch), Nils Kok (Dutch), Erkan Yonder (Turkish)

FIR-PRI Finance & Sustainability Award 2012



Environmental Policy, Innovation and Performance: New Insights on the Porter Hypothesis

Paul Lanoie (Ca ), Jérémy Laurent-Lucchetti (Fr), Nick Johnstone (USA), Stefan Ambec (Fr)
Published on : Journal of Economics and Management Strategy, 20 (3), 803-841. 2011.

FIR-PRI Finance & Sustainability Awards 2011



Does the Stock Market Fully Value Intangibles? Employee Satisfaction and Equity Prices

Alex Edmans (UK)
Wharton School, University of Pennsylvania, US
Publié dans Journal of Financial Economics 101(3), 621-640, September 2011