Sustainable finance, corporate governance and economics - EFICO

Reference of the Group:

GIUV2022-524

 
Description of research activity:
EFICO is a research group that focuses its attention on the study of sustainable finance, corporate governance, gender diversity on boards of directors and experimental economics. It aims to analyse, study, research, train and transfer knowledge, among others, within the framework of the ESG principles (environmental, social and governance) and within the framework of the Sustainable Development Goals (SDGs) promoted by the United Nations through the 2030 Agenda. The team of researchers that make up this group is specialised in the discipline of corporate governance and financial, economic and control decision-making. This team pays special attention to the sustainability and transparency of socially responsible companies, as well as strategic decision-making in organisations. Moreover, it analyses the impact of gender diversity on the decision-making and control bodies of listed companies, mainly at the European level, as well as on the determination of economic-financial decisions in said companies. Likewise, the creation of wealth and sustainable value over time without depleting resources or causing damage to the environment plays an important role, and in this context,...EFICO is a research group that focuses its attention on the study of sustainable finance, corporate governance, gender diversity on boards of directors and experimental economics. It aims to analyse, study, research, train and transfer knowledge, among others, within the framework of the ESG principles (environmental, social and governance) and within the framework of the Sustainable Development Goals (SDGs) promoted by the United Nations through the 2030 Agenda. The team of researchers that make up this group is specialised in the discipline of corporate governance and financial, economic and control decision-making. This team pays special attention to the sustainability and transparency of socially responsible companies, as well as strategic decision-making in organisations. Moreover, it analyses the impact of gender diversity on the decision-making and control bodies of listed companies, mainly at the European level, as well as on the determination of economic-financial decisions in said companies. Likewise, the creation of wealth and sustainable value over time without depleting resources or causing damage to the environment plays an important role, and in this context, sustainability plays a crucial role. In this sense, there are already many companies that have integrated sustainability into their corporate strategy, with a prominent presence in finance to provide investors with "non-financial" information through the sustainability reports prepared. In addition to risk and return, responsible and sustainable investing is governed by investors' ethical and prosocial attitudes. The aspects that define investor preferences are difficult to identify in real markets, which is why numerous studies have been developed in the controlled environment of an experimental economics laboratory. The experiment methodology allows issues to be investigated at both individual and group level when there are no real databases. In this way, the implementation of experimental financial markets in the laboratory will help to understand and identify the factors that determine individual behaviour related to sustainable investment. This research group has been actively working for years, as shown by its scientific publications and innovative projects granted and funded in public competitive calls. Part of the results of its research have been presented in high-impact publications, and in addition, they have also generated knowledge transfer results for the business network through different projects to enhance business innovation, granted by the Valencian Innovation Agency (AVI).
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Web:
 
Scientific-technical goals:
  • Conectar aspectos medioambientales, sociales y de gobernanza en las organizaciones con el fin de atender las necesidades empresariales y sociales
  • Fomentar los principios de inversion responsable en las organizaciones, asi como las estrategias ambientales, sociales y de buena gobernanza
  • Analizar los procesos de toma de decisiones y control de las empresas y analizar la composicion de los organos de gobierno corporativo
  • Analizar la actitud prosocial y etica del inversor en mercados financieros experimentales
  • Determinar el impacto de actividades ambientales, sociales y de gobernanza en los inversores mediante la inversion sostenible en mercados financieros
 
Research lines:
  • Sustainable Finance.Promotion of responsible investment principles in organisations aligned with the SDGs, as well as sustainable sources of funding. All this is done within the framework of listed companies included in sustainable indices according to international rating agencies.
  • Corporate Governance and Gender Diversity.Analysis of key aspects of corporate governance and financial, economic and control decision making. In addition, the study of the impact of gender diversity in decision-making and control bodies and the determination of economic-financial decisions in these companies.
  • Experimental Economics.Analysis of the pro-social attitude of investors in experimental financial markets. Identification of factors that determine an individual's propensity to invest in sustainable financial assets. Determination of the impact of environmental, social and governance activities in experimental markets.
 
Group members:
Name Nature of participation Entity Description
ALFREDO JUAN GRAU GRAUDirectorUniversitat de València
Research team
INMACULADA BEL OMSMemberUniversitat de València
JANNY MAGDELINE NUÑEZ ALMONTEMemberUniversitat de València
ROSA APARICIO GONZALEZCollaboratorUniversitat de València
ROSA APARICIO GONZALEZCollaboratorUniversitat de València - Estudi GeneralUVEG PhD student
ANDREEA HANCU BUDUICollaboratorUniversitat de València
 
CNAE:
  • -
 
Keywords:
  • Sostenibilidad; Principios ASG; Principios de Inversión Responsable; Mercados
  • Decisiones empresariales; Mecanismos de Gobierno Corporativo; Diversidad de Género en los órganos de decisión de las empresas
  • Experimentos; Valores sociales; Mercados
  • QUA