The aim of this paper is to analyse the development strategies of an innovative Special Purpose Vehicle (SPV) for sustainable and responsible investments (SRI). This contribution represents a premiere for the Romanian capital market, an emerging market with low liquidity and limited...

Sustainability is normally considered to be about choices for the future being limited by decisions made in the present, and is frequently portrayed as concerning environmental issues alone. The Durable Corporation rejects both of these notions to argue that sustainability is a more complex...

This study investigates the growing importance of sustainability in financial markets by estimating the extent of capitalisation of companies' commitment to sustainability on their market value. The spreading concern for social and environmental issues, and especially for the material risks of...

Im Laufe der letzten Jahre hat sich das Thema nachhaltiges Wirtschaften und soziale Verantwortung von Unternehmen längst in der Betriebswirtschaft etabliert, worauf vermehrt international anerkannte Rahmenwerke entwickelt wurden. Allerdings haben wenige Beiträge einen Überblick über bestehen...

Betriebliches Nachhaltigkeitsmanagement zielt auf einen verantwortungsvollen Umgang mit Ressourcen und auf die entsprechende Gestaltung der innerbetrieblichen Abläufe ab. Dabei nutzen Unternehmen, die nachhaltiges Wirtschaften mit strategischen Zielen verbinden und hierbei über das gesetzlich...

Dieser Artikel formuliert drei Thesen: (1) Viele Projekte, mit denen Unternehmen ihre gesellschaftliche Verantwortung unter Beweis stellen wollen, tragen ungewollt dazu bei, die Akzeptanzkrise der Marktwirtschaft zu verschärfen, anstatt ihr entgegenzuwirken. Sie bedienen nämlich das populäre...

This paper provides new empirical evidence for the effect of corporate social responsibility (CSR) on corporate financial performance. In contrast to former studies, we examine two different regions, namely the USA and Europe. Our econometric analysis shows that environmental and social...

This paper empirically examines the effect of the inclusion in one of the most prominent sustainability stock indexes, namely the Dow Jones Sustainability World Index (DJSI World), on corporate financial performance. On the basis of panel data for European firms that were included in the Dow...

Over the years, many corporations have been trying to determine what they can and should do to contribute to the sustainability of the economic, social and ecological environment within which they operate. Corporate social responsibility has become a key senior management issue worldwide and an...

The increasing importance of sustainability issues expressed by different types of stakeholders has placed them among the leading topics inside the accounting literature. The paper aims to extend the current knowledge through the analysis of the relation between the number of sustainability...