{"title":"危机后经济的“智能投资”新模式","authors":"M. Fenwick, E. Vermeulen","doi":"10.2139/ssrn.3660080","DOIUrl":null,"url":null,"abstract":"Is coronavirus accelerating the future? Will the crisis provide a tipping point that encourages corporations to promote socially desirable values? Will there be a wider recognition that a sole focus on profits and investors hurts both companies and society? Or, will we simply return to business-as-usual once the memory of the crisis fades? \n \nThe financially driven corporate world has been losing its appeal over recent years and an anti-corporate sentiment has become more prevalent. There is a greater demand for better standards of corporate behavior and new metrics for judging corporate success. What is ironic is that corporations that embrace a more stakeholder-oriented purpose already outperform their peers when it comes to stock market returns. When thinking about rebuilding the economy post-crisis, this paper argues that investors need to be encouraged to take ‘intelligent risks’ that focus on stakeholder-oriented listed and non-listed companies.","PeriodicalId":20862,"journal":{"name":"PSN: International Financial Crises (Topic)","volume":"33 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2020-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"New Models of ‘Intelligent Investing’ for the Post-Crisis Economy\",\"authors\":\"M. Fenwick, E. Vermeulen\",\"doi\":\"10.2139/ssrn.3660080\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Is coronavirus accelerating the future? Will the crisis provide a tipping point that encourages corporations to promote socially desirable values? Will there be a wider recognition that a sole focus on profits and investors hurts both companies and society? Or, will we simply return to business-as-usual once the memory of the crisis fades? \\n \\nThe financially driven corporate world has been losing its appeal over recent years and an anti-corporate sentiment has become more prevalent. There is a greater demand for better standards of corporate behavior and new metrics for judging corporate success. What is ironic is that corporations that embrace a more stakeholder-oriented purpose already outperform their peers when it comes to stock market returns. When thinking about rebuilding the economy post-crisis, this paper argues that investors need to be encouraged to take ‘intelligent risks’ that focus on stakeholder-oriented listed and non-listed companies.\",\"PeriodicalId\":20862,\"journal\":{\"name\":\"PSN: International Financial Crises (Topic)\",\"volume\":\"33 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-07-24\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"PSN: International Financial Crises (Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3660080\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"PSN: International Financial Crises (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3660080","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
New Models of ‘Intelligent Investing’ for the Post-Crisis Economy
Is coronavirus accelerating the future? Will the crisis provide a tipping point that encourages corporations to promote socially desirable values? Will there be a wider recognition that a sole focus on profits and investors hurts both companies and society? Or, will we simply return to business-as-usual once the memory of the crisis fades?
The financially driven corporate world has been losing its appeal over recent years and an anti-corporate sentiment has become more prevalent. There is a greater demand for better standards of corporate behavior and new metrics for judging corporate success. What is ironic is that corporations that embrace a more stakeholder-oriented purpose already outperform their peers when it comes to stock market returns. When thinking about rebuilding the economy post-crisis, this paper argues that investors need to be encouraged to take ‘intelligent risks’ that focus on stakeholder-oriented listed and non-listed companies.