Thanks to Oliver for sending me this great list of research papers on shareholder engagement. Lots of interesting stuff here, I'll try and put up some summaries if I get time.
* The Price of Sin: The Effects of Social Norms on Markets, by Harisson Hong and Marcin Kacperczyk (Princeton University Working Paper). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=766465
* Returns to Shareholder Activism Evidence from a Clinical Study of the Hermes U.K. Focus Fund, by Marco Becht, Julian Franks, Colin Mayer, and Stefano Rossi (ECGI Working Paper). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=934712
* The Cost of Virtue: Corporate Social Responsibility and the Cost of Debt Financing, by Allen Goss and Gordon S. Roberts (York University Working Paper). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=955041
* Monitoring the Monitor: Evaluating CalPERS' Activism , by Brad M. Barber (University of California at Davis Working Paper). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=890321
* Mutual Fund Attributes and Investor Behavior, by Nicolas P.B. Bollen (Vanderbilt University Working Paper). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=899382
* The Effect of Socially Responsible Investing on Financial Performance, by Alexander Kempf and Peer Osthoff (University of Cologne). http://www.cfr-cologne.de/index.php?target=workingpaper
* Cleaning a Passive Index: How to Use Portfolio Optimization to Satisfy CSR Constraints, by M.A. Milevsky et al. (Journal of Portfolio Management 2006). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=630622
* The Effects of Corporate Governance on Firms' Credit Ratings, by H. Ashbuagh et al. (Journal of Accounting and Economics 2006). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=511902
* Socially Responsible Indexes, by Meir Statman (Journal of Portfolio Management 2006). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=705344
* Beyond Dichotomy: The Curvilinear Relationship between Social Responsibility and Financial Performance, by Michael Barnett and Robert Salomon (Strategic Management Journal, forthcoming). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=885950
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