A WORD FROM THE EDITOR-IN-CHIEF

Prof. Camelia OPREAN - Stan ()
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Prof. Camelia OPREAN - Stan: Lucian Blaga University of Sibiu

Management of Sustainable Development, 2022, vol. 14, issue 2, 3-3

Abstract: Since the development of the modern financial system in the 17th century, it has gone through a number of revolutions that have profoundly transformed its character and functioning. While classic finance relates to pre-Industrial Revolution practices and models, sustainable corporate finance is concerned with improving corporate practices in order to provide long-term benefits for society as a whole. Traditional finance has increasingly concentrated on generating short-term shareholder value (or profit), whereas sustainable corporate finance enables businesses to make long-term, profitable decisions that benefit both shareholders and the environment. In fact, sustainable corporate finance is intended to secure a company’s long-term financial sustainability and stability while adhering to environmental, social, and ethical values.

Date: 2022
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