Professorship for Sustainable Finance

Our research mainly focuses on the pricing of sustainability in debt and equity markets. In this context, we analyze, for example, investors’ preferences for socially responsible investing or how banks price sustainability in loan contracts. Closely related, from a corporate perspective, we investigate how differences in environmental and social standards across firms impact their profitability and financing. We are particularly interested in understanding how the non-financial goals of social entrepreneurs affect for-profit social enterprises, such as Benefit Corporations.