Fwd: MCFME - IIMA_Research Webinar by Prof. Vikas Agarwal on June 19, 2026, at 7:00 PM
Arun Kumar Deshmukh
From: Ajit Chaturvedi, VC, BHU <v...@bhu.ac.in>
Date: Sat, 6 Jun 2026 at 8:58 AM
Subject: Fwd: MCFME - IIMA_Research Webinar by Prof. Vikas Agarwal on June 19, 2026, at 7:00 PM
To: <facul...@bhu.ac.in>, <facult...@bhu.ac.in>
From: <misra-...@iima.ac.in>
Date: Fri, Jun 5, 2026 at 12:55 PM
Subject: MCFME - IIMA_Research Webinar by Prof. Vikas Agarwal on June 19, 2026, at 7:00 PM
To: <v...@bhu.ac.in>
Dear Sir/Madam,
The Misra Centre for Financial Markets and Economy (MCFME) at IIM Ahmedabad cordially invites you to attend the upcoming Research Webinar by Prof. Vikas Agarwal, Distinguished University Professor of the University System of Georgia & Bank of America Distinguished Chair and Professor of Finance, Georgia State University, United States, on "ESG Metrics in Executive Compensation: A Multitasking Approach".
Date: Friday, June 19, 2026
Time: 7:00 PM
Moderator: Prof. Nishant Kashyap, Faculty, Finance & Accounting Area, IIM Ahmedabad
Please find below the Zoom link to join the webinar:
https://iima.zoom.us/j/95790515884?pwd=lc1Ldo5oakR8AceIdpXxcNlJ6S9t7K.1
The webinar is expected to last for an hour. We encourage your participation in a Q&A session during the last 15 minutes of the webinar.
Title: ESG Metrics in Executive Compensation: A Multitasking Approach
Abstract:
We model firm executives’ compensation incentives when ESG metrics are added to their performance-vested contracts. Drawing on multitasking theory, we predict that incentives tied to standard accounting or financial metrics are reduced after introducing ESG metrics to induce executives to reallocate effort toward ESG goals. Empirically, the expected pay–performance sensitivity of standard metrics decreases by about 20% after ESG adoption, especially when ESG metrics are more numerous, less complementary, or less measurable. The tradeoff is associated with improved ESG ratings, consistent with efficient incentive design under multitasking that optimally balances effort across financial and ESG objectives.
About the speaker:
Prof. Vikas Agarwal is Distinguished University Professor of the University System of Georgia, and the Bank of America Distinguished Chair and Professor of Finance at Georgia State University, United States. Prof. Vikas received his Ph.D. in finance from the London Business School. He is a Research Fellow at the Centre for Financial Research, University of Cologne, Germany. He also holds a Research Associate position at EDHEC Risk and Asset Management Center, France. He currently serves as a Director on the board of the Southeastern Alternative Fund Association and on the academic advisory council of Decatur Capital Management. His broad areas of research interest include investments, household finance, private equity, and behavioral finance. His articles have appeared in leading academic journals, including the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Review of Finance, and Management Science. His research has been cited and discussed in the financial press and magazines including Bloomberg, Euromoney, Financial Times, Forbes, International Herald Tribune, New York Times, and The Wall Street Journal.
All faculty members, researchers, students, and other interested participants are welcome to attend this webinar.
Best regards,
Prof. Sobhesh K Agarwalla & Prof. Sanket Mohapatra
Co-Chairpersons, Misra Centre for Financial Markets and Economy