Gordon Clark


Gordon L. Clark AcSS, ASSA, FBA, is the Halford Mackinder Professor of Geography and Head of the Oxford University Centre for the Environment, and Professorial Fellow at St Peter's College. Prior to his appointment in 1995, he held teaching and research positions at Harvard University (John F. Kennedy School of Government), the University of Chicago, Carnegie Mellon University (Heinz School of Public Policy and Management) and Monash University. Professor Clark has been UK representative on the European Commission DG Research TMR Panel, is a member of the Advisory Board of the ESRC Centre for the Study of Globalisation and Regionalisation (Warwick University), serves on the Scientific Advisory Board at Lund University (Sweden), is an Affiliate of the Alfred P. Sloan Foundation Industry Studies programme, and is an Honorary Professor at the University of Melbourne (Australia).

Having published in a variety of international referred journals on topics related to economic geography, finance, and pension institutions and policy, he is the co-author with Dr Dariusz Wójcik of The Geography of Finance (OUP, 2007) which brings together their papers on finance, path dependence, and the market for European corporate governance. Other recent books include Global Competitiveness and Innovation (Palgrave Macmillan 2004) with Dr Paul Tracey of Warwick Business School, Pension Security in the 21st Century (co-editor, OUP 2003), European Pensions & Global Finance (OUP 2003) - a study of the intersection between the European pensions crisis and global financial imperatives, Pension Fund Capitalism (OUP 2000) - a study of the evolution of pension funds in advanced economies, their structure and management, investment strategies and decision making relevant to urban economic development, and The Oxford Handbook of Pensions and Retirement Income (co-editor) (OUP 2006).

With Dr Tessa Hebb, Dr Terry Babcock-Lumish and Lisa Hagerman he is a Senior Research Associate at Harvard Law School's Labor and Worklife Program focusing on the role and significance of private pension systems in modern economics and in particular US public sector pension investment in American cities. Research from the project can be found on the Pension Funds and Urban Revitalization website.

Earlier in his career, Professor Clark held an Andrew Mellon National Research Council Fellowship at the US National Academy of Sciences and has . He has served as an expert witness in court cases dealing with land use zoning and planning and, in conjunction with colleagues at Harvard University, held a Lincoln Land Institute fellowship comparing United States and Canadian urban and environmental regulation. He also has been a consultant for the American Institute of Architects, the US federal government, local governments, the National Academy of Sciences' Employment and Technology Committee, major US steel corporations, a number of financial services companies, the UK government (DTI), the French Government, the Government of Ontario, World Bank, and the OECD.

He is an Elected Fellow of the Academy of Social Sciences in Australia, Fellow of the British Academy, and an Academician of the UK Academy of Social Sciences. He has also been recognised with the Distinguished Alumni Award (McMaster University).


My interest in sustainable financial markets stems from my teaching and research on the market pricing of corporate governance and social and environmental standards—regionally, nationally, and globally. Obviously markets are obsessed with the latest fad and fashion. On the other hand, for those committed to a long-term value proposition (as are many pension funds with respect to corporations’ carbon footprints) there appear to be opportunities for stock selection and portfolio design that transcend the parochial for the long-term benefit of beneficiaries and stakeholders (I think!). In any event, I am a nominee for Oxford University’s Socially Responsible Investment Committee (overseeing the investment of the university’s endowment), a trustee of the Oxford Staff Pension Scheme, and a member of the investment committee of St Peter’s College. Theory and practice must be reconciled.

Email: gordon.clark[at]geog.ox.ac.uk