French SIF 2008 European Research Award ‘Finance and Sustainability’ Winners are:

Best Research Article: – “Corporate Social Responsibility and managerial entrenchment” published in Journal of Economics and Management Strategy, fall 2007. Download summary (pdf)

* CESF, Universita di Salerno, CEPR, and ECGI

“The more formalised ethical codes are, the less management, including CEOs, will utilize them to their advantage ”

Giovanni Cespa / Giacinta Cestone (Italy)

Best Master’s Thesis: “Corporate Responsibility in Supply Chain Management – Case environmentally Responsible Procurement”.Download summary (pdf)

* Helsinki University of Technology

“Having the same norms respected all along the supply chain is impossible”

Kaisa Jungman (Finland)

Best PhD Thesis: “The Economic Virtues of SRI and CSR”.Download summary (pdf)

* RSM Erasmus & Maastricht Universities

“The contribution of social and environmental management can be financially evaluated”

Jeroen Derwall (Netherlands)

2 grants:

“Socially efficient discounting under ambiguity aversion”.Download summary (pdf)

* Toulouse School of Economics (LERNA)

Johannes Gierlinger (Austria)

”Real Options Approach to Valuation of the Voluntary Targets Proposal”.Download summary (pdf)

* University of Cambridge

Kirill Zavodov (Russia)

To read (in French) Le Monde Economique (January 21, 2008) full coverage of the Award and interviews of the Award winners, click here.