Roni MICHAELY
Prof. Roni MICHAELY
金融学
Zhang Yonghong Professor in Finance
Founder & Executive Director, HKU-TLV Innovation Hub

3910 2185

KK 934

Publications
Socially Responsible Investment Funds Fail to Inspire Firms to Improve

Socially Responsible Investment (SRI) Funds have become popular in recent years as investors increasingly give weight to measures such as reducing pollution, maintaining employee and customer satisfaction and diversifying board membership. However, new research shows that while such funds are good at picking firms that adopt such behaviours, they do not inspire those firms to further improve their performance.