[03-11-2017] Seminar in Economics and Finance on Carbon risk factor


Dear professors, colleagues and students,

UEH School of Economics & Environment for Development (EfD-Vietnam) would like to invite you to join in a Seminar in Economics & Finance on this November 3rd, 2017

The seminar will introduce a common Capital market-based carbon risk factor which is studied and presented by Prof. Dr. Marco Wilkens, Chair of Finance and Banking, University of Augsburg.

The study used comprehensive information on CO2 emissions and the environmental agenda of over 2,100 global firms to introduce a common capital market-based carbon risk factor. This factor is important as it captures firms’ sensitivity to the worldwide transition from a brown, high-carbon to a green, low-carbon economy. This factor significantly enhances the explanatory power of common factor models for a large validation sample consisting of global, US, European, Asian/Pacific, and North American firms. Researchers show that their results remain robust by applying latest asset pricing tests, different model specifications, and orthogonalization approaches. It thus allows firms, investors, and regulators to measure carbon risk without any environmental information.

Time: 11:00 – Friday, 3rd November, 2017
Venue: Room H.001, campus H, UEH School of Economics, 1A Hoang Dieu, Phu Nhuan District

Light refreshments will be provided. Please check-in at 10:45 to register.

About the presenter:

Prof. Dr. Marco Wilkens is the Chair of Finance and Banking at University of Augsburg. His research areas are Investment Funds, Interest Rate Risk, Credit Risk, Carbon Risk, Risk Management, Sustainable Finance, Bank Management, Valuation of Financial Instruments, Financial Engineering.

He has published many papers on Financial Management, Journal of Asset Management, Journal of Business Economics, Quarterly Review of Economics and Finance, Journal of Banking and Finance, Journal of Financial Intermediation, Review of Quantitative Finance and Accounting, Credit and Capital Markets, Journal of Credit Risk, Review of Finance, Journal of Futures Markets…

In order to prepare a proper arrangement, please RSVP by filling in the form at  before 31st October, 2017.

We look forward to your participation and discussion.