:: F.I.R. PRIZES
FIR Prize for European Research in finance and sustainable development
January 22nd, 2009
France's Forum for Responsible Investment (FIR) has announced the winners of the fourth FIR Prize for European Research in finance and sustainable development, supported by Eurosif and the UNPRI. Each research winner was awarded €5000.
Best research article: joint paper by Diego Nocetti (USA), Elyès Jouini (France/Tunisie), and Clotilde Napp (France) on the cost/benefit analysis of social and environmental projects titled: "Properties of the social discount rate in a Benthamite framework with heterogeneous degrees of impatience."
Best Master's thesis: Mélanie Oschlies, German studying at the University of St Gallen in Switzerland, for a paper looking at why renewable energy is not yet attractive enough for investors, titled: "A behavioral finance perspective on sustainable energy environment decisions.
Best doctorate paper: Nils Kok at Maastricht University for a paper on the environment and long-term property values, titled: "Corporate governance and sustainability in global property markets.
Three research bourses worth €3000 each:
- the first to Dorothee Techmann, studying at Paris-Dauphine University for research on internalising costs in large infrastructure projects;
- the second goes to Oguzhan Karakas and Elroy Dimson at London Business School for work on the relationship between the corporate social responsibility (CSR), practices of a firm and its value/performance;
- the third to Sonia Rahal at the Sorbonne in Paris on reconciling solidarity and profit in microfinance projects in Senegal.