Financial Literacy Seminar Series

May 31, 2018

3:30 PM - 5:00 PM

Seminar V | Knowledge, Fear and Beliefs: Household Demand for Socially Responsible Investments


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David Robinson

Professor of Finance and J. Rex Fuqua Distinguished Professor of International Management, Duke University’s Fuqua School of Business

FinLit Talks: Interviews with Financial Literacy Thought Leaders


George Washington University School of Business
Duquès Hall, Room 651
2201 G Street NW
(main entrance on 22nd Street between G and H Streets)

Bio: David Robinson

David T. Robinson is a Professor of Finance and the J. Rex Fuqua Distinguished Professor of International Management at Duke University’s Fuqua School of Business, and a Research Associate at the National Bureau of Economic Research. He is an internationally recognized expert in the fields of private equity, venture capital and entrepreneurial finance. His work has appeared in leading academic journals in finance and economics and has been featured in the New York Times, The Wall Street Journal, The Financial Times, and The Economist.

Professor Robinson is a scientific advisor to the Swedish House of Finance in Stockholm, Sweden, the Private Equity Research Council, the Private Capital Research Institute, as well as a number of private equity firms and technology startups. He is the former Vice Chair of the World Economic Forum’s Global Agenda Council on Private Capital.

He earned his PhD and MBA degrees at the University of Chicago, a Master of Science from the London School of Economics, a Bachelor of Arts from the University of North Carolina at Chapel Hill and an honorary doctorate from the Stockholm School of Economics. Prior to joining Duke University he was a Professor of Finance and Economics at Columbia University.


While most corporations embrace environmental and social responsiblity as a key component of their corporate strategy, no work to date has explored whether households understand the tradeoffs that they face when they invest in stocks that purport to be socially responsible. We conduct a large scale survey of Swedish households to measure how much they understand about the science behind environmental impact, their financial literacy, as well as their self-awareness in these matters. Connecting their results to their actual retirement savings decisions, we can link actual and perceived environmental and financial literacy to the tendency to make “green” investment choices.