oikos Young Scholars Finance Academy

  • oikos Young Scholars Finance Academy 2016

    In collaboration with GARI (The Henley Centre for Governance, Accountability and Responsible Investment), Henley Business School

    Sustainable Investment - Sources, Goals and Impact

    September 11 - 15, 2016

    Henley Business School in Reading, UK

    oikos and the Henley Centre for Governance, Accountability, and Responsible Investment (GARI) will convene the sixth oikos Young Scholars Finance Academy from September 11 to 15, 2016, in Reading, United Kingdom.

    The academy provides a unique platform for exceptional PhD and post-doctoral researchers in the field of finance and sustainability to advance their research and expand their international research relations. Participants will benefit from presenting and discussing their work in progress with leading academics and professionals who will provide feedback and share advice on the research presented and academic career development. The event includes a practitioner day, a paper development workshop, coaching on professional development, and recreational outdoor excursions.

     

    Project partner:

    Henley

  • Sustainable Investment - Sources, Goals and Impact

    Investment considering environmental, social, and governance (ESG) factors reached approximately 30% of long-term assets under management globally, up from 22% in 2012, according to the Global Sustainable Investment Alliance. Some of the biggest institutional investors in the world have started to back mandatory reporting of ESG issues, such as emission of air pollutants, water stress and safety issues.

    According to Environmental Finance in 2015, $40.8 billion worth of Green Bonds have been issued, compared with about $36.6 billion in 2014.

    To address the problem of climate change, more than 500 institutions, with $3.4 trillion of assets under management, have committed to divestment before the UN climate conference in Paris in December 2015, according to 350.org and Divest Invest.

    At the same time following the global financial crisis, regulators and the financial industry are debating and implementing policies aimed at preventing risky and unsustainable financial practices.

    What are the incentives driving investment choices, investor engagement and corporate decisions when opting for or against sustainable strategies? What are the different products and approaches in sustainable finance and what is their impact? How can successful strategies be scaled up?

    To answer these and further questions, we invite papers on, among others, the following topics:

    • Behavioural finance and incentives for investments
    • Speculation and inefficiencies in financial markets
    • Short-termism: evidence and causes
    • Corporate social responsibility and financial performance
    • Impact Finance, Green Bonds
    • Integration of environmental, social and governance (ESG) criteria in investments, lending and insurance offerings
    • Structural changes in engagement and activism processes
    • Biodiversity and carbon accounting
    • Integrative reporting and its use by investors

  • The faculty of the 2016 academy are:

    Professor Jill Atkins, Henley Business School

    Jill Atkins is Professor of Accounting and Financial Management at Henley Business School, University of Reading. Her primary research interests within the overarching area of corporate governance include institutional investor engagement and dialogue, responsible investment, stakeholder accountability, integrated reporting, pension fund governance and sustainability issues in accounting and finance.

    Professor Mike Barnett, Rutgers Business School

    Mike Barnett is Professor of Management & Global Business at Rutgers Business School. He researches how firms' efforts at stakeholder management, through acts of corporate social responsibility and via communal institutions such as industry trade associations, influence their reputations and financial performance and affect society.

    His scholarship has been recognized with numerous awards, to include annual Best Paper Awards from the Academy of Management Journal, Academy of Management Proceedings, and the International Association for Business & Society, as well as Finalist for the Aspen Institute's Faculty Pioneer Award.

    Professor Sébastien Pouget, Toulouse School of Economics

    Sebastien Pouget is Professor of Finance at IAE Toulouse and member of the Toulouse School of Economics (Université Toulouse 1 Capitole). In 2010-2011, he was a visiting Professor of Economics at Princeton University where he taught asset management and behavioral finance. Prof. Pouget’s research studies financial markets with a multidisciplinary approach combining insights from economics, psychology and history. His research has been published in international academic journals such as Econometrica, Management Science, the Journal of Finance and the Review of Economic Studies. Prof. Pouget is co-director of a research center on Sustainable Finance and Responsible Investment supported by around ten asset managers and asset owners.

  • Participants, Location & Fee

    The academy promotes intensive learning and exchange through in-depth discussion and feedback. Space is therefore limited to 15 PhD and post-doctoral researchers. The academy will take place at the Whiteknights Campus in Reading, close to London. The participant fee is 400 CHF and covers hotel accommodation, catering and extra-curricular excursions.

    Submission Process

    You can apply via the online form here. Please send CV and presentation to . The application includes

    • your cover letter with a brief bio and motivation to participate (not more than 400 words),
    • your CV,
    • an abstract (not more than 300 words) and an up to 10 slide presentation of the PhD or post-doctoral research paper, which covers the working title, the topic, how it is addressed and how the paper fits into a wider academic literature.

    Timeline

    The application deadline has been extended to May 22, 2016. We will notify all candidates by June, 2016. You will have to submit your final paper by August 2, 2016.

    Further Information

    In case of questions, contact us on .

  • The bios of the participants of the 2016 academy will be uploaded in June.

    The organizers of the 2016 academy:

    Chris Biehl - KopieChris Biehl is currently working as a doctoral researcher at the Henley Centre of Governance, Accountability and Responsible Investment, based at the Henley Business School in the United Kingdom. His research focus is responsible investment and corporate governance in Japan. In the past Christoph has worked as Project Manager Asia for the Centre for Responsible Banking and Finance at the University of St Andrews and as a consultant to the UN-supported PRI Academic Network. As part of these two appointments he (co-)organised international conferences and leadership events, e.g. the Asia-Pacific session at the MSCI Global Leadership Forum 2013. Prior to the PhD Christoph has completed a master degree (distinction) at the University of St Andrews and a first class bachelor degree at the University of Bayreuth. He is also alumnus of the scholarship programme of the German Konrad Adenauer Foundation.

    UZH_Hoernlein_Lena_7709_-®Bruederli - KopieLena Hörnlein is a PhD student at the University of Zurich’s Department for Banking and Finance. Her PhD thesis analyses incentives for investment in a low-carbon energy supply. For oikos she manages the Case Writing Competition and organises the Finance Academy, among other tasks. Lena holds a bachelor degree in Philosophy and Economics from the University of Bayreuth, Germany, and a master degree in Environmental Economics and Climate Change from London School of Economics. She has worked with GIZ, the German development agency, as a climate policy expert at the Tunisian Ministry of the Environment. Lena has completed previous assignments for the German Environment Ministry, the German development bank KfW, the consulting firm Perspectives and the University of Zurich in a research project on the UN climate negotiations.

    Stefano_Ramelli (1)Stefano Ramelli is oikos PhD fellow at the University of Zurich’s Department for Banking and Finance. His research interests are mainly related to sustainable finance, corporate governance and business ethics. He studied economics at the University of Milano-Bicocca (Italy) and obtained a Master of Science in Economics at the University of Edinburgh (UK). Stefano has worked as intern at the European Commission on industrial competitiveness and energy efficiency, and then spent five years working in the field of social finance and socially responsible investments.

  • Impressions from previous academies:

    Finance2012_1 Finance2012 certificate_Finance 2011 waiting_for_food_Finance2011 attentiveness_in_the_classroom_Finance2011 classroom_night_Finance2011 the_classroom_Finance2010 Framing_Academic_Impact_Finance2010 the_class_of_2010_Finance practitioner_day_Finance_2010 Finance2009_2 Finance_2009_1

     

  • oikos PRI Young Scholars Finance Academy 2015

    oikos PRI Young Scholars Finance Academy 2012

    oikos PRI Young Scholars Finance Academy 2011

    oikos PRI Young Scholars Finance Academy 2010

    oikos PRI Young Scholars Finance Academy 2009

Download the current call for applications here!

 

“The academy was fantastic. Lots of stimulating conversations, valuable feedback, inspiration and to top it off – many laughs.”

Clarissa Hauptmann, Maastricht University, Netherlands

 

“Great mix of students and faculty, good insights from different disciplines and methodological approaches, great people.”

Guillermo Casasnovas, Saïd Business School, University of Oxford, UK

 

“A very well organized, informative, and interactive event with a faculty at the forefront of SRI research.”

Josua Oll, University of Hamburg, Germany

 

“Great conference in SRI studies. Lively discussions. Constructive feedback.”

Qian Li, Henley Business School, University of Reading, UK

 

“An excellent forum for graduate students and young faculty to workshop their ideas. The quality of feedback was very high, despite the different disciplinary backgrounds. The organizers facilitated an environment where the participants gtained from an amazing level of exposure to research trends in the field.”

Priya Bala Miller, University of British Columbia, Canada

 

It has been a truly fantastic experience to discuss these high quality papers with such motivated colleagues. The faculty input was great and extremely constructive!”

Daniela Laurel, Politecno di Milano, Italy & HEC Paris

 

A very helpful and insightful platform for advancing my research.

Li Zhiliang, National University of Singapore, Singapore



 

It was a wonderful co-learning experience with the faculty members, young faculty, fellow students, PRI & oikos.


Kais Bouslah, Université du Québec à Montréal, Canada

 


”An excellent selection of participants and faculty.


Dane Rook, University of Oxford, UK



 

“An amazing network opportunity providing excellent and profound academic feedback”.


Tatiana Botelho, Universidade Federal do Rio de Janeiro, Brazil



 

“Awesome! An impressive platform to share knowledge and experience”.


Ruojuan Zheng, Xiamen University, China