Future-oriented companies manage for long-term value creation (LTVC) rather than merely for shareholder value or stakeholder value. Managing for LTVC involves managing and balancing several types of value (financial, social and environmental) at the same time, often involving trade-offs....

Finance is widely seen as an obstacle to a better world. Principles of Sustainable Finance explains how the financial sector can be mobilized to counter this and provides many examples and tools. Using finance as a means to achieve social goals we can divert the planet and its economy from its...

In the transition to a sustainable economy, companies are increasingly adopting the goal of long-term value creation, which integrates financial, social and environmental value. However, institutional investors struggle to invest for long-term value creation and perform the social function of...

Introduction -- Part 1: Why Corporate Finance for Long-term Value? -- Chapter 1. The Company Within Social and Planetary Boundaries -- Chapter 2. Integrated Value Creation -- Chapter 3. Corporate Governance -- Part 2: Discount Rates and Valuation Methods -- Chapter 4. Discount Rates and the...

There is a heated debate on shareholder versus stakeholder governance. The stakeholder view recognises that companies have broader responsibilities to society than just making profit. But the lack of an integrated measure makes it difficult to hold management accountable against multiple goals....

Companies need to rethink the way they create value and grow their business to thrive in tomorrow’s volatile and uncertain business environment. Companies in virtually every industry are being impacted by new disruptive and complex societal trends, such as climate change, energy transition and...