Prof. Keith CHAN (Assistant Professor, Division of Environment and Sustainability) and Prof. Quentin MOREAU (Assistant Professor, Division of Environment and Sustainability), together with their PhD student in Environmental Science, Policy and Management WANG Xiaoqing Nora, have received the Best Paper Award in the Corporate Governance/Social Responsibility category at the 14th Financial Markets and Corporate Governance Conference 2024 for their paper titled "Do responsible firms behave differently in difficult times?".
The paper examines whether firms maintain their sustainability efforts or prioritize shareholders during challenging periods. The team presents evidence that these firms tend to reduce dividends (paid to shareholders) and sustainability efforts more than others, and they identify predictors of responsible firms that prioritize shareholders over other stakeholders when experiencing financial losses.
The 14th Financial Markets and Corporate Governance Conference was hosted by Monash University Malaysia from April 2nd to 4th, 2024. The conference brought together esteemed academics, industry experts, and practitioners to discuss pressing topics shaping the financial landscape, including Sustainable Finance, Earnings Quality, FinTech, Governance, and post-pandemic challenges in Financial Markets.
Please join us in congratulating Prof. Keith, Prof. Quentin, and Nora!