type here...

Victor Saint-Jean

Victor Saint Jean is Assistant Professor of Finance at ESSEC Business School. He is a financial economist interested in Corporate Social Responsibility and Corporate Governance. He holds a PhD in Economics from Sciences Po. His research has been presented at major finance conferences and has received multiple awards, including the "Brattle Group PhD Candidate Award for Outstanding Research" (WFA 2023).
ESG, Corporate Governance & Future of the Firm

NGOs Seek Exposure First To Influence Corporate Boardrooms               

Michele Fioretti
In new research, Michele Fioretti, Victor Saint-Jean, and Simon Smith show that NGO activism follows a clear economic logic: when NGOs lack visibility, stakeholders do not view them as credible, forcing them to rely on high-profile campaigns during annual shareholder meetings. However, these actions generate attention but rarely influence decisions. As NGOs gain recognition, they can campaign earlier, when votes are still open, and meaningfully sway shareholders and change corporate behavior.
Commentary

Reputation-Seeking Investors Can Impose Costs on Fellow Shareholders

Michele Fioretti
In new research, Michele Fioretti, Victor Saint-Jean, and Simon Smith show that shareholders with potential reputational gains will push for corporate actions in the face of shocks like Covid-19 or the Russian invasion of Ukraine that reduce returns to other shareholders who have no reputational gains at stake.

Latest news

View All

The publication of the Stigler Center at The University of Chicago Booth School of Business

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.