Martin Oehmke's paper A Theory of Socially Responsible Investment co-authored with Marcus Opp has won the 2020 EFA Best Paper Prize in Responsible Finance. Many congratulations to the authors!

The aim of this prize is to promote research on the important role that finance plays in societal progress and how a competitive and inclusive financial system can contribute to economic development. Topics include (but are not limited): role of finance in society; environmental, social & governance (ESG) investing; impact investing; sustainable finance; climate change and finance; stakeholders vs. shareholders and value creation; Long-term investment, human capital and innovation; role of the government and financial system on firm creation and growth; corporate governance; corporate social responsibility (CSR).

Prize committee:

  • Franklin Allen (Imperial College London)
  • Miguel Ferreira (Nova School of Business and Economics)
  • Kjell Nyborg (University of Zurich & SFI)