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 | |
|---|---|
| Bruegel | |
| hdl.handle.net/1765/101678 | |
| Bruegel Essay and Lecture Series | |
| Organisation | Rotterdam School of Management (RSM), Erasmus University |
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Schoenmaker, D. (2017). Investing for the common good: a sustainable finance framework. Bruegel Essay and Lecture Series. Bruegel. Retrieved from http://hdl.handle.net/1765/101678 |
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