Financial sustainability conscientiousness

Julia Puaschunder ()

Chapter 9 in A Research Agenda for Social Finance, 2021, pp 199-222 from Edward Elgar Publishing

Abstract: The implementation of sustainability accounts for the most challenging contemporary global governance goals in the trade-off of economic growth versus sustainability. In the bottom-up implementation of sustainability, tax ethics, public-private-partnerships (PPPs) and Corporate Social Responsibility (CSR) are discussed. Behavioral insight nudges to steer bottom-up sustainability action include social status manipulations and joint decision making presentation advantages, which account for a bottom-up democracy in action to ensure natural sustainability. As for the climate injustice of diverse gains and losses from a warming globe around the world, a tax-and-bonds strategy is proposed to alleviate the losses of climate change on the macroeconomic gains of a warmer climate. Strengthening financial social responsibility, social welfare and environmental protection through future-oriented and socially responsible economic market approaches of capitalism in the 21st century is aimed at alleviating predictable economic, social and environmental crises to ensure a future sustainable humankind for this generation and the following.

Keywords: Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2021
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