Book description
There are many studies confirming the relationship between financial systems and economic development, but there are few which examine the degree to which financial systems a) impact the quality of information, b) influence sound corporate governance, c) ensure effective mechanisms of risk management, d) mobilize savings and f) facilitate trade. In the context of sustainability, there should also be a line of inquiry into how a particular financial system influences the assurance and implementation of sustainable development principles and goals.
This book delivers a methodological approach to designing and assessing sustainable financial systems. It provides an original contribution by prioritizing ESG factors in the decision-making process of financial institutions and identifying their impact on sustainable financial systems. The author argues that to achieve financial stability, it is necessary to have in place mechanisms designed to prevent financial problems from becoming systemic and/or threatening the stability of the financial and economic system, while maintaining (or not undermining) the economy’s ability to sustain growth and perform its other functions.
The book primarily takes a simulation and experimental approach. It is the first book to take such a comprehensive look at sustainable financial systems as opposed to sustainable finance in general. It will appeal to academics, students and researchers in the fields of economics, finance and banking, business, management and political and social sciences.
Table of contents
- Cover
- Half Title
- Series
- Title
- Copyright
- Contents
- List of tables
- List of figures
- List of contributors
- Acknowledgements
- 1 Introduction
- 2 Sustainable finance: A new finance paradigm
- 3 ESG risk as a new challenge for financial markets
- 4 Sustainable banking systems
- 5 Designing sustainable financial instruments
- 6 Sustainable insurance
- 7 A sustainable capital market
- 8 Sustainable alternate finance market
- 9 Sustainable rating agencies
- 10 Sustainable public finance system
- 11 Sustainable investing
- 12 Sustainable financial systems and a new approach to financial stability
- 13 Sustainable audit, control and monitoring of Indian companies
- 14 Sustainable financial reporting in the context of ensuring sustainability of financial systems
- Index
Product information
- Title: Finance and Sustainable Development
- Author(s):
- Release date: December 2020
- Publisher(s): Routledge
- ISBN: 9781000332209
You might also like
book
Sustainable Finance and Banking
Banking and finance play a fundamental role in public policy and economic performance as well as …
book
Handbook of the Economics of Finance
Volume 1A covers corporate finance: how businesses allocate capital - the capital budgeting decision - and …
book
An Introduction to Financial Markets
COVERS THE FUNDAMENTAL TOPICS IN MATHEMATICS, STATISTICS, AND FINANCIAL MANAGEMENT THAT ARE REQUIRED FOR A THOROUGH …
book
Handbook of Environmental and Sustainable Finance
The use of financial concepts and tools to shape development is hardly new, but their recent …