Enrichetta Ravina

This interview is based on the research of Professor Michelle Lowry, whose work explores questions related to corporate governance, private and public firms, and regulation. It draws particularly on her recent paper, “The Blurring Lines between Public and Private Firms.” Explore more of Michelle Lowry’s work here. _________________________________________________ Your research highlights that the line between public and private markets is fading. What are the key forces driving this convergence?

This interview is based on the research of Professor Marcin Kacperczyk, whose work examines carbon risk, climate finance, and the real effects of ESG on firms and financial intermediaries. It draws on his co-authored studies, including “Carbon Emissions and the Bank-Lending Channel”, “Firm Commitments” , and “Do Investors Care about Carbon Risk?”. Explore more of Marcin Kacperczyk’s work here.

We thank Nicholas Barberis, Cary Frydman (discussant), Marina Niessner (discussant), Terry Odean (discussant), Michaela Pagel (discussant), Cameron Peng, and seminar participants at Harvard Business School, the Swedish House of Finance, HKUST, the City University of Hong Kong, UBC Winter Finance Conference, the CEPR Household Finance Seminar Series, the NBER Summer Institute, Georgetown Fintech Seminar Series, the Boulder Summer Conference on Consumer Decision Making, the CEPR WE_ARE Seminar...