The Elfenworks Center for the Study of Fiduciary Capitalism is an academic research institute which both generates research papers, articles and books, and also creates public and private fora for academics and institutional investor practitioners to meet and share ideas. Its resources are of use to large universal owner institutions (pension and mutual funds, sovereign wealth funds and the like) as well as to individuals interested in responsible investment.
The Center is the oldest center on the Saint Mary’s campus. Established in 2002, the Center has grown in influence worldwide in part to the efforts of its founders, Professors James Hawley and Andrew Williams. The Center’s work has greatly benefited and been enhanced by a generous endowment from the Elfenworks Foundation since 2006. Currently, Professor Hawley is the director of the Center.
The Center’s current focus is on research topics including:
- Fiduciary capitalism
- Universal owners
- Corporate governance
- Sustainable investment
- Corporate governance and the financial crisis since 2008