Swiss issuers must actively engage with increasingly influential international investors. Issuers and investors should work together on a commonly supported Swiss code of accountable corporate governance. Policy makers are urged to avoid legislating ‘best practices’. Recent fashions in executive compensation, such as the use of performance shares, should be carefully examined. Reporting on both financial and non-financial value drivers needs to improve. All these points are revealed in the most recent SFI White Paper.
Swiss Finance Institute (SFI) today announces that Prof. François Degeorge is to be the institute’s new Managing Director. Prof. Degeorge, 55, takes over from Prof. Claudio Loderer who retired at the end of September, 2016. Prof. Degeorge currently holds a Senior Chair at Swiss Finance Institute and is Director of the Institute of Finance (IFin) at the University of Lugano. He will officially take up his new position at SFI on November 15, 2016.
The most recent SFI White Paper takes stock of sustainable finance in Switzerland and reveals that more high-level endorsement, leadership, and decisive action are required to position Switzerland as an international leader in sustainable finance.
Swiss Finance Institute has attributed its Outstanding Paper Award to “The Impact of Treasury Supply on Financial Sector Lending and Stability”, a research paper by Arvind Krishnamurthy of Stanford University and Annette Vissing-Jorgensen of the University of California Berkeley that studies how government debt crowds out financial sector short-term debt.
The Swiss Finance Institute (SFI) has appointed Prof. Jean-Charles Rochet as the Head of Research as of February 2015 in its pursuit of excellence in research, in order to build academic expertise with staying power. Outstanding research conducted by SFI professors and students contributes to the international research community, the reputation, and the expertise of the Swiss financial center.
The Swiss Finance Institute (SFI) has attributed its Outstanding Paper Award to “Momentum Crashes”, a research paper by Kent Daniel of Columbia University and Tobias Moskowitz of the University of Chicago showing how losses to momentum strategies can be avoided.