Finance Reconsidered

New Perspectives for a Responsible and Sustainable Finance

Business & Finance, Business Reference, Business Ethics
Cover of the book Finance Reconsidered by William Sun, Emerald Group Publishing Limited
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: William Sun ISBN: 9781785609794
Publisher: Emerald Group Publishing Limited Publication: September 6, 2016
Imprint: Emerald Group Publishing Limited Language: English
Author: William Sun
ISBN: 9781785609794
Publisher: Emerald Group Publishing Limited
Publication: September 6, 2016
Imprint: Emerald Group Publishing Limited
Language: English

As a response to ongoing economic, social and environmental crises, many private actors have enlarged their definition of 'value' to include environmental and social elements. Such practices, however, appear incompatible with the current epistemological structure of academic financial discourse. This paradox challenges us to reconsider the foundations of modern finance, particularly the dominant role of shareholders. The volume argues there is a need to turn the established order upside down. Studies in economics and finance have to be embedded in environmental and social welfare to answer the challenges we face, and there is a need for a radical break with the methodological individualism that dominates economics, management and (especially) finance. It is our responsibility to question social welfare when it is defined only as maximising shareholder value. Should we instead promote a substitute to the shareholder? How should we (re)define the concept of value? This volume serves as a stepping stone for rethinking academic finance, and attempts to carve out innovative paths for financial research in the 21st century.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

As a response to ongoing economic, social and environmental crises, many private actors have enlarged their definition of 'value' to include environmental and social elements. Such practices, however, appear incompatible with the current epistemological structure of academic financial discourse. This paradox challenges us to reconsider the foundations of modern finance, particularly the dominant role of shareholders. The volume argues there is a need to turn the established order upside down. Studies in economics and finance have to be embedded in environmental and social welfare to answer the challenges we face, and there is a need for a radical break with the methodological individualism that dominates economics, management and (especially) finance. It is our responsibility to question social welfare when it is defined only as maximising shareholder value. Should we instead promote a substitute to the shareholder? How should we (re)define the concept of value? This volume serves as a stepping stone for rethinking academic finance, and attempts to carve out innovative paths for financial research in the 21st century.

More books from Emerald Group Publishing Limited

Cover of the book International Teacher Education by William Sun
Cover of the book The University under Pressure by William Sun
Cover of the book Video Reflection in Literacy Teacher Education and Development by William Sun
Cover of the book Studies in Law, Politics and Society by William Sun
Cover of the book Geographies of Tourism by William Sun
Cover of the book Evolving Entrepreneurial Education by William Sun
Cover of the book Reimagining Business Education by William Sun
Cover of the book Video Research in Disciplinary Literacies by William Sun
Cover of the book Advances in Mergers and Acquisitions by William Sun
Cover of the book Urban Megaprojects by William Sun
Cover of the book Practical and Theoretical Implications of Successfully Doing Difference in Organizations by William Sun
Cover of the book Business & Sustainability by William Sun
Cover of the book Mistreatment in Organizations by William Sun
Cover of the book Transformational and Charismatic Leadership by William Sun
Cover of the book Towards a Comparative Institutionalism by William Sun
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy