Michael Mainelli
Financial decision theory has attempted to put finance forward, with some success, as a meta-decision framework for organizations, encompassing alternative financing and debt/equity trade-offs (Capital Asset Pricing Model), shareholder value added (hurdle rates, risk-adjusted return on capital), time cost of money (Net Present Value) and volatility (risk/reward options). Finance provides a single ‘currency’ for corporate decisions. Can this financial model be reconciled with social responsibility … [ Read more ]
Content: Quotation | Author: Michael Mainelli | Source: “European Business Forum (EBF)” | Subjects: Finance, Social Responsibility (ESG)
Michael Mainelli
The post-modern risk societal problem is how to hold postmodern organizations to social goals while still permitting them to add value.
Content: Quotation | Author: Michael Mainelli | Source: “European Business Forum (EBF)” | Subject: Social Responsibility (ESG)