Around the world the focus is on the relationship between ethics and governance codes and how widely this should be interpreted. Sustainability has three main accepted dimensions: economic growth, social responsibility, and environmental protection. It is a truly multidimensional and multidisciplinary concept, and one which directly affects the risks and opportunities for markets and businesses. In three distinct parts, Sustainable Markets for Sustainable Business explores the relationship between markets and business and sustainable development, as well as issues such as climate change, pollution, land degradation and biodiversity loss. Firstly the authors, all experts from around the world, consider a variety of theoretical issues concerned with sustainability in the new environment. In Part Two the emphasis is on looking at these issues in the market and business practice under various guises. Although every chapter contains discussion and recommended solutions, the final part specifically focuses on future perspectives and the solution strategies for implementation of sustainability measures. Throughout the book the authors address the need for business and market sustainability reforms. The world's markets have the potential to improve the lives of billions in developing countries, reducing poverty and securing environmental quality for future generations. Often they fail to capture the full value of natural resources or promote the interests of poor people. Therefore, an effective public policy framework is required. Sustainable Markets for Sustainable Business and future titles in the Finance, Governance and Sustainability Series address this need.
’Professor Aras has tackled the very timely subject of business sustainability. She has put together a global perspective that presents best practices, discusses the role of businesses and markets, and provides examples of innovative approaches. The book will be a valuable resource not only for scholars but also for the wider business community and policy makers.’ Reena Aggarwal, Georgetown Center for Financial Markets and Policy, USA ’This work demonstrates the multi-dimensional elements of sustainability, moving beyond conceptions of sustainable enterprise and industry, to ask fundamental questions regarding the sustainability of markets. Can markets be made to work towards sustainable development rather than environmental destruction? The book highlights how new modes of regulation, governance, incentives and strategic thinking are essential to reformulate the fundamental objectives and operations of economic endeavour towards sustainable goals.’ Thomas Clarke, University of Technology, Sydney, Australia
Today’s developments within the field of sustainability and governance appeal to a growing audience in many aspects. While there are many studies on governance and finance, the focus to include sustainability is missed. The convergence between these three fields, Finance, Governance, and Sustainability, has a high potential for solutions providing a wider perspective to the issues and barriers encountered in sustainability. The aim of the Finance, Governance and Sustainability: Challenges to Theory and Practice series, edited by Güler Aras, is to fill this gap by bringing together the recent developments at the intersection of these three fields.
This series shares the studies of academics, researchers, entrepreneurs, policy makers and government officers aiming to contribute to the progress and overcome the emerging barriers in sustainability. In addition, the linkage of the series’ studies, to the newly established Center for Finance, Corporate Governance and Sustainability, will provide the most current research and debate in this field along with a global perspective.
The series combines strong conceptual analysis, with wide ranging empirical focus, and a wealth of case material. Also included are summary points, suggestions for further reading, web resources, and an extensive bibliography. The level of presentation is for graduate students, academics, as well as policy and decision-makers around the world.