Anete's exceptional work on the European Corporate Governance Institute (ECGI) paper “Voice Through Divestment,” co-authored with Marco Becht (Solvay Brussels School of Economics and Management) and Anna Toniolo (Harvard University), challenges prevailing notions within the investment industry.

The study, shows that contrary to investment-industry belief, divestment and related pledges have significant impact on the stock of targeted and other businesses.

SSE Riga takes great pride in the far-reaching impact of Professor Pajuste's research, affirming our commitment to scholarly excellence on the global stage. 

Research brief available here.

The Moskowitz Prize stands as a distinguished acknowledgment, specifically honoring research that not only demonstrates empirical excellence but also holds the potential to inform and shape responsible business and investing practices in the tangible realm. This prestigious recognition underscores the imperative link between rigorous empirical research and its transformative influence on ethical and sustainable decision-making within the business and investment spheres.

Judging for the Moskowitz Prize is completed by a panel of some of the world’s most accomplished sustainable finance researchers and practitioners. In 2023, the panel comprised seventeen judges from universities and financial firms from all over the world, including the Kellogg School at Northwestern University.

For further insights, please read the official press release accessible here.