Faculty News

New, joint research from Professor Baruch Lev exploring the link between ESG considerations and stock performance during crises is highlighted

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Excerpt from Institutional Investor -- "Researchers from Canada’s University of Waterloo, Tilburg University in the Netherlands, and New York University’s Stern School of Business challenged the 'widespread claims by fund managers, ESG data purveyors, and the financial press' that companies with high ESG scores were better situated in the pandemic. In particular, the authors — Elizabeth Demers, Jurian Hendrikse, Philip Joos, and Bauch Lev — cited reports from BlackRock, Morningstar, and MSCI, which all found that ESG funds outperformed during the crash."

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