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Sponsored AI AM CLAUDE, A Beginner's Guide: Learn the basics of working with AI AI AM CLAUDE, A Beginner's Guide: Learn the basics of working with AI

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O. Zerbib

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Open access Aug 2026

Impact Investing With Shareholder Engagement

In this paper, we study the impact of shareholder engagement on asset prices and corporate practices. We develop a dynamic equilibrium model where heterogeneous green investors choose their optimal asset allocation and costly engagement efforts, and a representative firm sets its greenhouse gas (GHG) emissions to minim...

J. Chassagneux, Roxana Dumitrescu, O. Zerbib · 0 citations

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