ECCE Researchers win 2010 Moskowitz Prize
Daniel Hann and Rob Bauer from ECCE and the Maastricht University School of Business and Economics have been awarded the 2010 Moskowitz Prize for best quantitative research in the area of socially responsible investing. Their research demonstrated for the first time the effect of environmental management on credit risk and he cost of corporate debt.
Their paper showed how "companies which have a good handle on their environmental management pay millions of euros less when financing themselves with debt than companies with questionable environmental practices". For this, it has been awarded the American Moskowitz Prize for Socially Responsible Investing from the renowned Haas School of Business in Berkeley.