According to new research, asset owners looking to prioritise sustainability should ensure their investments are not supporting asset management firms that undermine CSR
Activist hedge funds are becoming increasingly influential in the economy as they prioritise maximising shareholder value and focus on minimising corporate spending that they see as “wasteful”. However activist hedge funds are a problem for CSR according to research from Dr Emilio Marti at RSM, Erasmus University, in collaboration with Dr Mark DesJardine of Penn State University and Professor Rodolphe Durand of HEC Paris.