LBS researchers recognised at FARS Midyear Meeting
Jefferson Kaduvinal Abraham, Marcel Olbert and Florin Vasvari win Midyear Meeting Best Paper Award for ‘ESG Disclosures in the Private Equity Industry’

London Business School (LBS) researchers have been awarded the Midyear Meeting Best Paper Award at the American Accounting Association’s 2025 Financial Accounting and Reporting Section (FARS) Midyear Meeting.
Jefferson Kaduvinal Abraham, LBS PhD in Accounting candidate, Marcel Olbert, Assistant Professor of Accounting, and Florin Vasvari, Professor of Accounting, were recognised for their paper ‘ESG Disclosures in the Private Equity Industry’, published in the Journal of Accounting Research.
The Midyear Meeting Best Paper Award recognises the “paper presented at the Midyear Meeting that has the most potential to advance our understanding of financial accounting and reporting.”
‘ESG Disclosures in the Private Equity Industry’ documents the first systemic evidence of ESG disclosures across a large sample of private equity (PE) firms. The researchers discover an increase in these disclosure over time, with demand from fund investors a primary factor in this growth. They also find that ESG disclosures at the PE level are associated with improved ESG outcomes at the portfolio company level.