Covid-19 and Investor Stewardship: The Need for Responsible Ownership in a Time of Emergency

Grant number: COV19\200855

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Key facts

  • Disease

    COVID-19
  • Known Financial Commitments (USD)

    $13,079.04
  • Funder

    British Academy
  • Principle Investigator

    Pending
  • Research Location

    United Kingdom, Europe
  • Lead Research Institution

    King's College London, The Dickson Poon School of Law
  • Research Category

    Secondary impacts of disease, response & control measures

  • Research Subcategory

    Other secondary impacts

  • Special Interest Tags

    Gender

  • Study Subject

    Non-Clinical

  • Clinical Trial Details

    N/A

  • Broad Policy Alignment

    Pending

  • Age Group

    Unspecified

  • Vulnerable Population

    Unspecified

  • Occupations of Interest

    Other

Abstract

Institutional investors, who control the savings of millions of ordinary people, have a key role to play in ensuring that the companies in which they invest maintain high standards of governance and accountability. Investor stewardship - the responsible allocation of capital and purposeful engagement - has particular relevance here. The global coronavirus Covid-19 pandemic - and the response to it - has impacted businesses worldwide and revealed a series of short, medium- and long-term environmental, social and governance (ESG) risks. This project will examine how the Covid-19 outbreak has impacted stewardship activities in the UK and ask questions about the social function of institutional investors and their leadership in ESG practices. This project is part of a highly innovative, longer-term and larger-scale research project on shareholder power and accountability, which can be linked to British Academy interests in "The Future of the Corporation" or other such funding agencies.