Your digested reviews of the latest academic research on responsible investment

This fifth digest features reviews of academic literature which focus on the value of shareholder activism. More and more institutional investors become active shareholders to ensure the sufficiency of their assets’ environmental, social, or governance policies (ESG). But does this add value to their portfolios? While academic research cannot yet provide a detailed answer to this question with respect to the E and the S, some evidence is available on the effect of corporate governance focused shareholder activism. As we outline in our reviews below, this evidence points to a high value of sophisticated  
shareholder activism.

The RI Digest is published by the PRI Academic Network to increase knowledge about responsible investment practices and opportunities. Suggestions of articles to be reviewed can be emailed to the RI Digest team, who will also be happy to answer any questions. Emails can be sent to  This e-mail address is being protected from spambots. You need JavaScript enabled to view it .