2017
Investing for the common good
Publication
Publication
a sustainable finance framework
Traditional finance focuses solely on financial return and risk. By contrast, sustainable finance considers financial, social and environmental returns in combination. This essay provides a new framework for sustainable finance highlighting the move from the narrow shareholder model to the broader stakeholder model, aimed at long-term value creation for the wider community. Major obstacles to sustainable finance are short-termism and insufficient private efforts. To overcome these obstacles, this essay develops guidelines for governing sustainable finance.
Additional Metadata | |
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Bruegel | |
hdl.handle.net/1765/101678 | |
Bruegel Essay and Lecture Series | |
Organisation | Rotterdam School of Management (RSM), Erasmus University |
Schoenmaker, D. (2017). Investing for the common good. Bruegel Essay and Lecture Series. Bruegel. Retrieved from http://hdl.handle.net/1765/101678 |