Brandes Institute 2019 Call for Papers Winner: Dr. Lars Kaiser

Brandes Institute 2019 Call for Papers Winner: Dr. Lars Kaiser


Dr. Lars Kaiser, Assistant Professor at the Chair in Business Administration, Banking and Financial Management at the University of Liechtenstein, earned first prize in the Brandes Institute’s 2019 Call for Papers Contest for his submission, “ESG Integration: Value, Growth and Momentum.”

Dr. Kaiser’s winning entry is available at SSRN.com at this link.

In his conclusion, Dr. Kaiser writes, “…the inclusion of sustainability aspects does not inevitably result in a performance drag, however it can—if done sensibly—bring about style and momentum portfolios with a higher aggregated sustainability rating and improved risk-adjusted return characteristics.”

Dr. Lars Kaiser’s views are his own and do not represent the opinions of the Brandes Institute.