Green and Social Economy Finance is a compilation of chapters by experts, linking research and practice. This anthology provides a new thinking on social economy green finance, showing emerging themes and trends. It spans from stock markets, green finance, innovations, digitalization to social finance, governance and theories of change. It concentrates on impact, opportunity recognition and development of financial products designed to finance the green and social economy. Without the attraction of capital, social entrepreneurship, and innovations, green finance can face difficulty in addressing business solutions. Green and social economy is a nascent field. The authors address the conceptualization of green and social solutions and identify new trends in the finance industry products and approaches. The book demonstrates that aligning finance and investment with the Paris Agreement, sustainable development goals and needs and interests of society are feasible.
Preface
INTERNATIONAL MANAGEMENT FRAMEWORKS AND GOVERNANCE
Is the EU Action Plan for Sustainable Finance: A Game Changer?
Karen Wendt
Environmental Social and Governance, Executive Remuneration, and Firm Performance
Will Mackay and Lei Xu
Is There a Growing Opportunity or a Widening Gap? On the Effectiveness of Voluntary Initiatives and Non-Regulatory Guidance Facing Science Based Targeting
Franz Knecht and Vera Calenbuhr
Internal Mechanism and Quality Of CSR Disclosure: Evidence from China
Lei Xu, Long Wu and Shidi Dong
Evolutionary Investment and Leadership as Agents for Rapid Transformation: Including the Iroquois Valley Farmland REIT, PBC Case
Michael Sonntag, Claire Mesesan and Arnold Lau
National Guidelines for Sustainable Finance and the Sustainable Development Goals
Truzaar Dordi and Olaf Weber
The Potential of the Islamic Financial Industry and its Role in Promoting Education: Value Based Financing for Sustainable Development
Oliver Wenczel
Finance as Public Good for Sustainability
Eberhard Schnebelvi
GREEN ECONOMY FINANCE
Integrating the United Nations’ Sustainable Development Goals into Strategic Corporate Social Responsibility: A Reflection on the Financial Sector
Amr ElALfy and Olaf Weber
Does Long-Term Investment Really Pay Off? Evidence from Listed Mining Firms in Canada
Ying Li and Lei Xu
Tax Reform, Tax Aggressiveness and Corporate Value: Evidence from China’s Enterprise Income Tax Law Reform
Guodong Yuan, Ron P. McIver and Lei Xu:
Smart Infrastructure Finance: Investment in Data-Driven Industry Ecosystems
Peter Adrians, Antti Tahvanainen and Matthew Dixon
Decarbonizing Finance—A Challenge or Business Opportunity?
Karen Wendt
SOCIAL ECONOMY FINANCE
Sustainability as a Driver of Innovation for the Banking Business-Business Policy Options of Social Impact Investing for German Banks
Henry Schäfer
Leapfrog Investing – Selecting Thriveable Investments for a Flourishing Future
Robin Lincoln Wood
Social Stock Exchanges: Democratization of Capital Investing for Impact
Karen Wendt
Index
Biography
Karen Wendt is an entrepreneur in impact investments, alternative conflict resolution and diversity. She is scientist and editor of a scientific sustainable finance series. She was awarded “investment banker” of the year 2020 by Prestige Awards, London and won the Financial Times “Sustainable Finance Award” in 2007. Karen has accumulated investment banking experience in leading positions over 20 years. She advises big corporations in transformation processes, impact creation and strategy, and teaches empirical investment.
