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30b1-4\uff09<\/p>\n<p>\u672c\u6587\u57fa\u4e8e\u7b14\u8005\u4e0e\u82f1\u56fd\u5e03\u91cc\u65af\u6258\u5927\u5b66Silvina Rubio \u6559\u6388\u548cGuillem Ordonez-Calafi\u6559\u6388\u7684\u7814\u7a76\u201cMutual Funds&#8217; Strategic Voting on Environmental and Social Issues (\u5171\u540c\u57fa\u91d1\u5728\u73af\u5883\u548c\u793e\u4f1a\u8bae\u9898\u4e0a\u7684\u7b56\u7565\u6027\u6295\u7968)\u201d\u3002\u8be5\u7814\u7a76\u5df2\u53d1\u8868\u5728European Corporate Governance Institute \u2013 Finance Working Paper N\u00b0 774\/2021\uff08\u6b27\u6d32\u516c\u53f8\u6cbb\u7406\u534f\u4f1a\u2013\u91d1\u878d\u5de5\u4f5c\u6587\u4ef6\u7b2c 774\/2021\u53f7\uff09\uff0c\u53ef\u5230\u4ee5\u4e0b\u7f51\u7ad9\u6d4f\u89c8\uff1a<\/p>\n<ul>\n<li><span><a href=\"https:\/\/ssrn.com\/abstract=3884917\">https:\/\/ssrn.com\/abstract=3884917<\/a><\/span><\/li>\n<li><span><a href=\"http:\/\/dx.doi.org\/10.2139\/ssrn.3884917\">http:\/\/dx.doi.org\/10.2139\/ssrn.3884917<\/a><\/span><\/li>\n<li><span><a href=\"https:\/\/academic.oup.com\/rof\/advance-article-abstract\/doi\/10.1093\/rof\/rfae017\/7698050?redirectedFrom=PDF&amp;login=false\">https:\/\/academic.oup.com\/rof\/advance-article-abstract\/doi\/10.1093\/rof\/rfae017\/7698050?redirectedFrom=PDF&amp;login=false<\/a><\/span><\/li>\n<\/ul>\n<p><strong>Roni Michaely \u6559\u6388<\/strong><br \/>\n<strong>\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u526f\u9662\u957f\uff08\u73af\u7403\u4e8b\u52a1\uff09<\/strong><br \/>\n<strong>\u9999\u6e2f\u5927\u5b66\u8d5b\u9a6c\u4f1a\u73af\u7403\u4f01\u4e1a\u53ef\u6301\u7eed\u53d1\u5c55\u7814\u7a76\u6240\u8054\u5e2d\u6240\u957f<\/strong><\/p>\n<p>\uff08\u672c\u6587\u540c\u6642\u4e8e\u4e8c\u96f6\u4e8c\u56db\u5e74\u5341\u6708\u4e09\u65e5\u8f09\u4e8e\u300aFT\u4e2d\u6587\u7db2\u300b\u201c\u660e\u5fb7\u5546\u8ad6\u201d\u5c08\u6b04\uff09<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"tags":[],"class_list":["post-220985","thought-leadership","type-thought-leadership","status-publish","hentry","leadership-topic-categories-ft-chinese-column-sc","leadership-topic-categories-opinions-and-speeches-sc","in-the-media-topic-categories-faculty-sc","opinion-speeches-categories-faculty-sc"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" 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Hale\u6240\u8a00\uff0c\u201c\u867d\u7136\u6211\u4eec\u671f\u671b\u53ef\u6301\u7eed\u57fa\u91d1\u603b\u4f53\u4e0a\u652f\u6301\u73af\u5883\u548c\u793e\u4f1a\u63d0\u6848\uff0c\u4f46\u6211\u4eec\u4e5f\u5e0c\u671b\u4ed6\u4eec\u5728\u6295\u7968\u65f6\u8981\u6709\u9274\u522b\u529b\uff0c\u800c\u4e0d\u662f\u76f2\u76ee\u652f\u6301\u6240\u6709\u6b64\u7c7b\u63d0\u6848\u3002\u201d\u5b9e\u9645\u4e0a\uff0c\u6709\u4e9b\u73af\u5883\u548c\u793e\u4f1a\u63d0\u6848\u751a\u81f3\u5341\u5206\u79bb\u5947\u53e4\u602a\uff0c\u5373\u4fbf\u662f\u6700\u5173\u5207\u73af\u5883\u4e0e\u793e\u4f1a\u95ee\u9898\u7684\u6295\u8d44\u8005\uff0c\u4e5f\u5e0c\u671b\u81ea\u5df1\u7684\u57fa\u91d1\u4f1a\u5bf9\u8fd9\u4e9b\u63d0\u6848\u6295\u4e0b\u53cd\u5bf9\u7968\u3002 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2021 \u5e74\uff0cAllison H. Lee\u62c5\u4efb\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u4ee3\u7406\u4e3b\u5e2d\u65f6\u5ba3\u79f0\uff1a\u201c\u6295\u8d44\u8005\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u548c\u6cbb\u7406\uff08ESG\uff09\u6295\u8d44\u7b56\u7565\u53ca\u673a\u4f1a\u6709\u9700\u6c42\uff0c\u4f46\u57fa\u91d1\u7684\u6295\u7968\u884c\u4e3a\u672a\u5fc5\u80fd\u53cd\u6620\u51fa\u6295\u8d44\u8005\u7684\u504f\u597d\uff0c\u89e3\u51b3\u4ee3\u7406\u6210\u672c\u95ee\u9898\u6210\u4e3a\u4e86\u516c\u53f8\u6cbb\u7406\u7684\u6838\u5fc3\u3002\u201d\u7814\u7a76\u663e\u793a\uff0c\u57fa\u91d1\u6240\u5ba3\u79f0\u7684\u76ee\u6807\uff08\u4f8b\u5982\u73af\u5883\u76ee\u6807\uff09\u4f1a\u5f71\u54cd\u5176\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u63d0\u6848\u7684\u652f\u6301\uff0c\u4f46\u57fa\u91d1\u5bb6\u65cf\u7406\u5ff5\u4f3c\u4e4e\u66f4\u4e3a\u91cd\u8981\u3002\u5bf9\u4e8e\u90a3\u4e9b\u5e0c\u671b\u901a\u8fc7\u8d1f\u8d23\u4efb\u6295\u8d44\u6539\u5584\u4f01\u4e1a\u73af\u5883\u3001\u793e\u4f1a\u653f\u7b56\u7684\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8fd9\u4e00\u53d1\u73b0\u5c24\u4e3a\u91cd\u8981\u3002\u7814\u7a76\u4ea6\u6307\u51fa\uff0c\u5173\u6ce8\u53ef\u6301\u7eed\u57fa\u91d1\u7684\u6295\u8d44\u8005\uff0c\u4e0d\u4ec5\u8981\u7279\u522b\u7559\u610f\u57fa\u91d1\u7684\u6295\u8d44\u7406\u5ff5\uff0c\u57fa\u91d1\u5bb6\u65cf\u7684\u7406\u5ff5\u4e5f\u4e0d\u5bb9\u5ffd\u89c6\u3002\u73b0\u884c\u7684\u76d1\u7ba1\u5de5\u4f5c\u4e0d\u8db3\u4ee5\u201c\u63ed\u793a\u6f5c\u5728\u7684\u5229\u76ca\u51b2\u7a81\uff0c\u5e76\u963b\u6b62\u4e0e\u57fa\u91d1\u80a1\u4e1c\u6700\u4f73\u5229\u76ca\u4e0d\u7b26\u7684\u6295\u7968\u201d\uff0c\u8fd9\u4e00\u7ed3\u679c\u5bf9\u653f\u7b56\u5236\u5b9a\u8005\u6765\u8bf4\u4e5f\u975e\u5e38\u91cd\u8981\u3002\uff08\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u89c4\u5219 30b1-4\uff09 \u672c\u6587\u57fa\u4e8e\u7b14\u8005\u4e0e\u82f1\u56fd\u5e03\u91cc\u65af\u6258\u5927\u5b66Silvina Rubio \u6559\u6388\u548cGuillem Ordonez-Calafi\u6559\u6388\u7684\u7814\u7a76\u201cMutual Funds&#039; Strategic Voting on Environmental and Social Issues (\u5171\u540c\u57fa\u91d1\u5728\u73af\u5883\u548c\u793e\u4f1a\u8bae\u9898\u4e0a\u7684\u7b56\u7565\u6027\u6295\u7968)\u201d\u3002\u8be5\u7814\u7a76\u5df2\u53d1\u8868\u5728European Corporate Governance Institute \u2013 Finance Working Paper N\u00b0 774\/2021\uff08\u6b27\u6d32\u516c\u53f8\u6cbb\u7406\u534f\u4f1a\u2013\u91d1\u878d\u5de5\u4f5c\u6587\u4ef6\u7b2c 774\/2021\u53f7\uff09\uff0c\u53ef\u5230\u4ee5\u4e0b\u7f51\u7ad9\u6d4f\u89c8\uff1a https:\/\/ssrn.com\/abstract=3884917 http:\/\/dx.doi.org\/10.2139\/ssrn.3884917 https:\/\/academic.oup.com\/rof\/advance-article-abstract\/doi\/10.1093\/rof\/rfae017\/7698050?redirectedFrom=PDF&amp;login=false Roni Michaely \u6559\u6388 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\u65e0\u8bba\u662f\u4e3a\u4e86\u5b89\u629a\u80a1\u4e1c\u8fd8\u662f\u5c65\u884c\u4fe1\u6258\u8d23\u4efb\uff0c\u73af\u5883\u548c\u793e\u4f1a\u57fa\u91d1\u4f3c\u4e4e\u9887\u4e3a\u6ce8\u91cd\u81ea\u5df1\u7684\u6295\u7968\u8bb0\u5f55\u3002\u6211\u6700\u8fd1\u8054\u540c\u82f1\u56fd\u5e03\u91cc\u65af\u6258\u5927\u5b66\u7684 Silvina Rubio \u6559\u6388\u548cGuillem Ordonez-Calafi\u6559\u6388\uff0c\u4e8e\u300a\u91d1\u878d\u8bc4\u8bba\u300b\u53d1\u8868\u4e86\u4e00\u7bc7\u8bba\u6587\uff0c\u63ed\u793a\u4e86\u4e00\u4e9b\u53ef\u6301\u7eed\u57fa\u91d1\u5728\u6295\u7968\u7b56\u7565\u65b9\u9762\u5b58\u5728\u201c\u7eff\u6f02\u201d\u7684\u884c\u4e3a\u3002 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2021 \u5e74\uff0cAllison H. Lee\u62c5\u4efb\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u4ee3\u7406\u4e3b\u5e2d\u65f6\u5ba3\u79f0\uff1a\u201c\u6295\u8d44\u8005\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u548c\u6cbb\u7406\uff08ESG\uff09\u6295\u8d44\u7b56\u7565\u53ca\u673a\u4f1a\u6709\u9700\u6c42\uff0c\u4f46\u57fa\u91d1\u7684\u6295\u7968\u884c\u4e3a\u672a\u5fc5\u80fd\u53cd\u6620\u51fa\u6295\u8d44\u8005\u7684\u504f\u597d\uff0c\u89e3\u51b3\u4ee3\u7406\u6210\u672c\u95ee\u9898\u6210\u4e3a\u4e86\u516c\u53f8\u6cbb\u7406\u7684\u6838\u5fc3\u3002\u201d\u7814\u7a76\u663e\u793a\uff0c\u57fa\u91d1\u6240\u5ba3\u79f0\u7684\u76ee\u6807\uff08\u4f8b\u5982\u73af\u5883\u76ee\u6807\uff09\u4f1a\u5f71\u54cd\u5176\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u63d0\u6848\u7684\u652f\u6301\uff0c\u4f46\u57fa\u91d1\u5bb6\u65cf\u7406\u5ff5\u4f3c\u4e4e\u66f4\u4e3a\u91cd\u8981\u3002\u5bf9\u4e8e\u90a3\u4e9b\u5e0c\u671b\u901a\u8fc7\u8d1f\u8d23\u4efb\u6295\u8d44\u6539\u5584\u4f01\u4e1a\u73af\u5883\u3001\u793e\u4f1a\u653f\u7b56\u7684\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8fd9\u4e00\u53d1\u73b0\u5c24\u4e3a\u91cd\u8981\u3002\u7814\u7a76\u4ea6\u6307\u51fa\uff0c\u5173\u6ce8\u53ef\u6301\u7eed\u57fa\u91d1\u7684\u6295\u8d44\u8005\uff0c\u4e0d\u4ec5\u8981\u7279\u522b\u7559\u610f\u57fa\u91d1\u7684\u6295\u8d44\u7406\u5ff5\uff0c\u57fa\u91d1\u5bb6\u65cf\u7684\u7406\u5ff5\u4e5f\u4e0d\u5bb9\u5ffd\u89c6\u3002\u73b0\u884c\u7684\u76d1\u7ba1\u5de5\u4f5c\u4e0d\u8db3\u4ee5\u201c\u63ed\u793a\u6f5c\u5728\u7684\u5229\u76ca\u51b2\u7a81\uff0c\u5e76\u963b\u6b62\u4e0e\u57fa\u91d1\u80a1\u4e1c\u6700\u4f73\u5229\u76ca\u4e0d\u7b26\u7684\u6295\u7968\u201d\uff0c\u8fd9\u4e00\u7ed3\u679c\u5bf9\u653f\u7b56\u5236\u5b9a\u8005\u6765\u8bf4\u4e5f\u975e\u5e38\u91cd\u8981\u3002\uff08\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u89c4\u5219 30b1-4\uff09 \u672c\u6587\u57fa\u4e8e\u7b14\u8005\u4e0e\u82f1\u56fd\u5e03\u91cc\u65af\u6258\u5927\u5b66Silvina Rubio \u6559\u6388\u548cGuillem Ordonez-Calafi\u6559\u6388\u7684\u7814\u7a76\u201cMutual Funds&#039; Strategic Voting on Environmental and Social Issues (\u5171\u540c\u57fa\u91d1\u5728\u73af\u5883\u548c\u793e\u4f1a\u8bae\u9898\u4e0a\u7684\u7b56\u7565\u6027\u6295\u7968)\u201d\u3002\u8be5\u7814\u7a76\u5df2\u53d1\u8868\u5728European Corporate Governance Institute \u2013 Finance Working Paper N\u00b0 774\/2021\uff08\u6b27\u6d32\u516c\u53f8\u6cbb\u7406\u534f\u4f1a\u2013\u91d1\u878d\u5de5\u4f5c\u6587\u4ef6\u7b2c 774\/2021\u53f7\uff09\uff0c\u53ef\u5230\u4ee5\u4e0b\u7f51\u7ad9\u6d4f\u89c8\uff1a https:\/\/ssrn.com\/abstract=3884917 http:\/\/dx.doi.org\/10.2139\/ssrn.3884917 https:\/\/academic.oup.com\/rof\/advance-article-abstract\/doi\/10.1093\/rof\/rfae017\/7698050?redirectedFrom=PDF&amp;login=false Roni Michaely \u6559\u6388 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2021 \u5e74\uff0cAllison H. 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2021 \u5e74\uff0cAllison H. Lee\u62c5\u4efb\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u4ee3\u7406\u4e3b\u5e2d\u65f6\u5ba3\u79f0\uff1a\u201c\u6295\u8d44\u8005\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u548c\u6cbb\u7406\uff08ESG\uff09\u6295\u8d44\u7b56\u7565\u53ca\u673a\u4f1a\u6709\u9700\u6c42\uff0c\u4f46\u57fa\u91d1\u7684\u6295\u7968\u884c\u4e3a\u672a\u5fc5\u80fd\u53cd\u6620\u51fa\u6295\u8d44\u8005\u7684\u504f\u597d\uff0c\u89e3\u51b3\u4ee3\u7406\u6210\u672c\u95ee\u9898\u6210\u4e3a\u4e86\u516c\u53f8\u6cbb\u7406\u7684\u6838\u5fc3\u3002\u201d\u7814\u7a76\u663e\u793a\uff0c\u57fa\u91d1\u6240\u5ba3\u79f0\u7684\u76ee\u6807\uff08\u4f8b\u5982\u73af\u5883\u76ee\u6807\uff09\u4f1a\u5f71\u54cd\u5176\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u63d0\u6848\u7684\u652f\u6301\uff0c\u4f46\u57fa\u91d1\u5bb6\u65cf\u7406\u5ff5\u4f3c\u4e4e\u66f4\u4e3a\u91cd\u8981\u3002\u5bf9\u4e8e\u90a3\u4e9b\u5e0c\u671b\u901a\u8fc7\u8d1f\u8d23\u4efb\u6295\u8d44\u6539\u5584\u4f01\u4e1a\u73af\u5883\u3001\u793e\u4f1a\u653f\u7b56\u7684\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8fd9\u4e00\u53d1\u73b0\u5c24\u4e3a\u91cd\u8981\u3002\u7814\u7a76\u4ea6\u6307\u51fa\uff0c\u5173\u6ce8\u53ef\u6301\u7eed\u57fa\u91d1\u7684\u6295\u8d44\u8005\uff0c\u4e0d\u4ec5\u8981\u7279\u522b\u7559\u610f\u57fa\u91d1\u7684\u6295\u8d44\u7406\u5ff5\uff0c\u57fa\u91d1\u5bb6\u65cf\u7684\u7406\u5ff5\u4e5f\u4e0d\u5bb9\u5ffd\u89c6\u3002\u73b0\u884c\u7684\u76d1\u7ba1\u5de5\u4f5c\u4e0d\u8db3\u4ee5\u201c\u63ed\u793a\u6f5c\u5728\u7684\u5229\u76ca\u51b2\u7a81\uff0c\u5e76\u963b\u6b62\u4e0e\u57fa\u91d1\u80a1\u4e1c\u6700\u4f73\u5229\u76ca\u4e0d\u7b26\u7684\u6295\u7968\u201d\uff0c\u8fd9\u4e00\u7ed3\u679c\u5bf9\u653f\u7b56\u5236\u5b9a\u8005\u6765\u8bf4\u4e5f\u975e\u5e38\u91cd\u8981\u3002\uff08\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u89c4\u5219 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2021 \u5e74\uff0cAllison H. Lee\u62c5\u4efb\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u4ee3\u7406\u4e3b\u5e2d\u65f6\u5ba3\u79f0\uff1a\u201c\u6295\u8d44\u8005\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u548c\u6cbb\u7406\uff08ESG\uff09\u6295\u8d44\u7b56\u7565\u53ca\u673a\u4f1a\u6709\u9700\u6c42\uff0c\u4f46\u57fa\u91d1\u7684\u6295\u7968\u884c\u4e3a\u672a\u5fc5\u80fd\u53cd\u6620\u51fa\u6295\u8d44\u8005\u7684\u504f\u597d\uff0c\u89e3\u51b3\u4ee3\u7406\u6210\u672c\u95ee\u9898\u6210\u4e3a\u4e86\u516c\u53f8\u6cbb\u7406\u7684\u6838\u5fc3\u3002\u201d\u7814\u7a76\u663e\u793a\uff0c\u57fa\u91d1\u6240\u5ba3\u79f0\u7684\u76ee\u6807\uff08\u4f8b\u5982\u73af\u5883\u76ee\u6807\uff09\u4f1a\u5f71\u54cd\u5176\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u63d0\u6848\u7684\u652f\u6301\uff0c\u4f46\u57fa\u91d1\u5bb6\u65cf\u7406\u5ff5\u4f3c\u4e4e\u66f4\u4e3a\u91cd\u8981\u3002\u5bf9\u4e8e\u90a3\u4e9b\u5e0c\u671b\u901a\u8fc7\u8d1f\u8d23\u4efb\u6295\u8d44\u6539\u5584\u4f01\u4e1a\u73af\u5883\u3001\u793e\u4f1a\u653f\u7b56\u7684\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8fd9\u4e00\u53d1\u73b0\u5c24\u4e3a\u91cd\u8981\u3002\u7814\u7a76\u4ea6\u6307\u51fa\uff0c\u5173\u6ce8\u53ef\u6301\u7eed\u57fa\u91d1\u7684\u6295\u8d44\u8005\uff0c\u4e0d\u4ec5\u8981\u7279\u522b\u7559\u610f\u57fa\u91d1\u7684\u6295\u8d44\u7406\u5ff5\uff0c\u57fa\u91d1\u5bb6\u65cf\u7684\u7406\u5ff5\u4e5f\u4e0d\u5bb9\u5ffd\u89c6\u3002\u73b0\u884c\u7684\u76d1\u7ba1\u5de5\u4f5c\u4e0d\u8db3\u4ee5\u201c\u63ed\u793a\u6f5c\u5728\u7684\u5229\u76ca\u51b2\u7a81\uff0c\u5e76\u963b\u6b62\u4e0e\u57fa\u91d1\u80a1\u4e1c\u6700\u4f73\u5229\u76ca\u4e0d\u7b26\u7684\u6295\u7968\u201d\uff0c\u8fd9\u4e00\u7ed3\u679c\u5bf9\u653f\u7b56\u5236\u5b9a\u8005\u6765\u8bf4\u4e5f\u975e\u5e38\u91cd\u8981\u3002\uff08\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u89c4\u5219 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2021 \u5e74\uff0cAllison H. Lee\u62c5\u4efb\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u4ee3\u7406\u4e3b\u5e2d\u65f6\u5ba3\u79f0\uff1a\u201c\u6295\u8d44\u8005\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u548c\u6cbb\u7406\uff08ESG\uff09\u6295\u8d44\u7b56\u7565\u53ca\u673a\u4f1a\u6709\u9700\u6c42\uff0c\u4f46\u57fa\u91d1\u7684\u6295\u7968\u884c\u4e3a\u672a\u5fc5\u80fd\u53cd\u6620\u51fa\u6295\u8d44\u8005\u7684\u504f\u597d\uff0c\u89e3\u51b3\u4ee3\u7406\u6210\u672c\u95ee\u9898\u6210\u4e3a\u4e86\u516c\u53f8\u6cbb\u7406\u7684\u6838\u5fc3\u3002\u201d\u7814\u7a76\u663e\u793a\uff0c\u57fa\u91d1\u6240\u5ba3\u79f0\u7684\u76ee\u6807\uff08\u4f8b\u5982\u73af\u5883\u76ee\u6807\uff09\u4f1a\u5f71\u54cd\u5176\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u63d0\u6848\u7684\u652f\u6301\uff0c\u4f46\u57fa\u91d1\u5bb6\u65cf\u7406\u5ff5\u4f3c\u4e4e\u66f4\u4e3a\u91cd\u8981\u3002\u5bf9\u4e8e\u90a3\u4e9b\u5e0c\u671b\u901a\u8fc7\u8d1f\u8d23\u4efb\u6295\u8d44\u6539\u5584\u4f01\u4e1a\u73af\u5883\u3001\u793e\u4f1a\u653f\u7b56\u7684\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8fd9\u4e00\u53d1\u73b0\u5c24\u4e3a\u91cd\u8981\u3002\u7814\u7a76\u4ea6\u6307\u51fa\uff0c\u5173\u6ce8\u53ef\u6301\u7eed\u57fa\u91d1\u7684\u6295\u8d44\u8005\uff0c\u4e0d\u4ec5\u8981\u7279\u522b\u7559\u610f\u57fa\u91d1\u7684\u6295\u8d44\u7406\u5ff5\uff0c\u57fa\u91d1\u5bb6\u65cf\u7684\u7406\u5ff5\u4e5f\u4e0d\u5bb9\u5ffd\u89c6\u3002\u73b0\u884c\u7684\u76d1\u7ba1\u5de5\u4f5c\u4e0d\u8db3\u4ee5\u201c\u63ed\u793a\u6f5c\u5728\u7684\u5229\u76ca\u51b2\u7a81\uff0c\u5e76\u963b\u6b62\u4e0e\u57fa\u91d1\u80a1\u4e1c\u6700\u4f73\u5229\u76ca\u4e0d\u7b26\u7684\u6295\u7968\u201d\uff0c\u8fd9\u4e00\u7ed3\u679c\u5bf9\u653f\u7b56\u5236\u5b9a\u8005\u6765\u8bf4\u4e5f\u975e\u5e38\u91cd\u8981\u3002\uff08\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u89c4\u5219 30b1-4\uff09 \u672c\u6587\u57fa\u4e8e\u7b14\u8005\u4e0e\u82f1\u56fd\u5e03\u91cc\u65af\u6258\u5927\u5b66Silvina Rubio \u6559\u6388\u548cGuillem Ordonez-Calafi\u6559\u6388\u7684\u7814\u7a76\u201cMutual Funds' Strategic Voting on Environmental and Social Issues (\u5171\u540c\u57fa\u91d1\u5728\u73af\u5883\u548c\u793e\u4f1a\u8bae\u9898\u4e0a\u7684\u7b56\u7565\u6027\u6295\u7968)\u201d\u3002\u8be5\u7814\u7a76\u5df2\u53d1\u8868\u5728European Corporate Governance Institute \u2013 Finance Working Paper N\u00b0 774\/2021\uff08\u6b27\u6d32\u516c\u53f8\u6cbb\u7406\u534f\u4f1a\u2013\u91d1\u878d\u5de5\u4f5c\u6587\u4ef6\u7b2c 774\/2021\u53f7\uff09\uff0c\u53ef\u5230\u4ee5\u4e0b\u7f51\u7ad9\u6d4f\u89c8\uff1a https:\/\/ssrn.com\/abstract=3884917 http:\/\/dx.doi.org\/10.2139\/ssrn.3884917 https:\/\/academic.oup.com\/rof\/advance-article-abstract\/doi\/10.1093\/rof\/rfae017\/7698050?redirectedFrom=PDF&amp;login=false Roni Michaely \u6559\u6388 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2021 \u5e74\uff0cAllison H. Lee\u62c5\u4efb\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u4ee3\u7406\u4e3b\u5e2d\u65f6\u5ba3\u79f0\uff1a\u201c\u6295\u8d44\u8005\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u548c\u6cbb\u7406\uff08ESG\uff09\u6295\u8d44\u7b56\u7565\u53ca\u673a\u4f1a\u6709\u9700\u6c42\uff0c\u4f46\u57fa\u91d1\u7684\u6295\u7968\u884c\u4e3a\u672a\u5fc5\u80fd\u53cd\u6620\u51fa\u6295\u8d44\u8005\u7684\u504f\u597d\uff0c\u89e3\u51b3\u4ee3\u7406\u6210\u672c\u95ee\u9898\u6210\u4e3a\u4e86\u516c\u53f8\u6cbb\u7406\u7684\u6838\u5fc3\u3002\u201d\u7814\u7a76\u663e\u793a\uff0c\u57fa\u91d1\u6240\u5ba3\u79f0\u7684\u76ee\u6807\uff08\u4f8b\u5982\u73af\u5883\u76ee\u6807\uff09\u4f1a\u5f71\u54cd\u5176\u5bf9\u73af\u5883\u3001\u793e\u4f1a\u63d0\u6848\u7684\u652f\u6301\uff0c\u4f46\u57fa\u91d1\u5bb6\u65cf\u7406\u5ff5\u4f3c\u4e4e\u66f4\u4e3a\u91cd\u8981\u3002\u5bf9\u4e8e\u90a3\u4e9b\u5e0c\u671b\u901a\u8fc7\u8d1f\u8d23\u4efb\u6295\u8d44\u6539\u5584\u4f01\u4e1a\u73af\u5883\u3001\u793e\u4f1a\u653f\u7b56\u7684\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8fd9\u4e00\u53d1\u73b0\u5c24\u4e3a\u91cd\u8981\u3002\u7814\u7a76\u4ea6\u6307\u51fa\uff0c\u5173\u6ce8\u53ef\u6301\u7eed\u57fa\u91d1\u7684\u6295\u8d44\u8005\uff0c\u4e0d\u4ec5\u8981\u7279\u522b\u7559\u610f\u57fa\u91d1\u7684\u6295\u8d44\u7406\u5ff5\uff0c\u57fa\u91d1\u5bb6\u65cf\u7684\u7406\u5ff5\u4e5f\u4e0d\u5bb9\u5ffd\u89c6\u3002\u73b0\u884c\u7684\u76d1\u7ba1\u5de5\u4f5c\u4e0d\u8db3\u4ee5\u201c\u63ed\u793a\u6f5c\u5728\u7684\u5229\u76ca\u51b2\u7a81\uff0c\u5e76\u963b\u6b62\u4e0e\u57fa\u91d1\u80a1\u4e1c\u6700\u4f73\u5229\u76ca\u4e0d\u7b26\u7684\u6295\u7968\u201d\uff0c\u8fd9\u4e00\u7ed3\u679c\u5bf9\u653f\u7b56\u5236\u5b9a\u8005\u6765\u8bf4\u4e5f\u975e\u5e38\u91cd\u8981\u3002\uff08\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\u89c4\u5219 30b1-4\uff09 \u672c\u6587\u57fa\u4e8e\u7b14\u8005\u4e0e\u82f1\u56fd\u5e03\u91cc\u65af\u6258\u5927\u5b66Silvina Rubio \u6559\u6388\u548cGuillem Ordonez-Calafi\u6559\u6388\u7684\u7814\u7a76\u201cMutual Funds' Strategic Voting on Environmental and Social Issues (\u5171\u540c\u57fa\u91d1\u5728\u73af\u5883\u548c\u793e\u4f1a\u8bae\u9898\u4e0a\u7684\u7b56\u7565\u6027\u6295\u7968)\u201d\u3002\u8be5\u7814\u7a76\u5df2\u53d1\u8868\u5728European Corporate Governance Institute \u2013 Finance Working Paper N\u00b0 774\/2021\uff08\u6b27\u6d32\u516c\u53f8\u6cbb\u7406\u534f\u4f1a\u2013\u91d1\u878d\u5de5\u4f5c\u6587\u4ef6\u7b2c 774\/2021\u53f7\uff09\uff0c\u53ef\u5230\u4ee5\u4e0b\u7f51\u7ad9\u6d4f\u89c8\uff1a https:\/\/ssrn.com\/abstract=3884917 http:\/\/dx.doi.org\/10.2139\/ssrn.3884917 https:\/\/academic.oup.com\/rof\/advance-article-abstract\/doi\/10.1093\/rof\/rfae017\/7698050?redirectedFrom=PDF&amp;login=false Roni Michaely \u6559\u6388 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