The University of Macau (UM) today (26 February) held a talk titled ‘Responsible Investing in the Gaming Industry’, as the 17th UM Scholar Research Forum. Fu Xiaoqing, professor in the Faculty of Business and Administration, was the speaker. The talk was well attended, with many online participants as well. During the talk, Prof Fu discussed the transformation of responsible investment from a portfolio strategy that typically excludes investments in specific industries (such as tobacco, alcohol, and gaming) to an investment process that integrates environmental, social, and corporate governance (ESG) issues into investment decision-making in order to manage risk better and generate sustainable, long-term returns. She mentioned that this transformation raised the question of whether social responsibility would affect the investment decisions of institutional investors in the gaming industry. She also investigated the impact of Macao SAR Government’s ESG initiatives on the institutional ownership of casino firms in Macao.
Source: Research Services and Knowledge Transfer Office
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