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Active ownership

Active Ownership

This empirical study builds upon the recent paper, "Active Ownership", published as the Lead Article in the December 2015 issue of the Review of Financial Studies. The research is being led by Professor Elroy Dimson (University of Cambridge), Dr Oğuzhan Karakaş (University of Cambridge) and Dr Xi Li (London School of Economics).

This earlier research received widespread recognition through receipt of the Moskowitz Prize for the Best Paper in Socially Responsible Investing, the FIR-PRI Award for the Best Published Research on Sustainable Investing, and the Investor Responsibility Research Center Institute annual Honorable Mention. The new study broadens the research to a global scale and a long sample period.

This project has been supported by a number of awards including; The Risk Institute at Ohio State University's Fisher College of Business, Inquire Europe, the PRI, Invesco Perpetual and the London School of Economics.

Dimson, E., Karakas, O. and Li, X. (2015) "Active ownership." Review of Financial Studies (conditionally accepted) (available online via the SSRN