Research handbook of finance and sustainability

Part I Corporate social responsibility -- 1. The horn that didn't toot: the surprisingly weak relationship from advertising to CSR -- 2. CSR, market value, and profitability: international evidence -- 3. Is corporate social responsibility an agency problem? -- 4. Disentangling financial and ethical effects of corporate social responsibility on firm value -- 5. How useful are csr reports for investors : the problems of comparing environmental and social disclosures -- 6. Corporate social responsibility and firm innovation -- 7. A survey of corporate social responsibility and corporate governance -- 8. The birth of environmental finance -- 9. Can entrepreneurship be sustainable without being sustainability-driven : some historical perspective -- 10. Sustainability and the evolution of the shareholder wealth maximization paradigm -- 11. Issue spread determinants in the green bond market: the role of second party reviewers and of the green bond principles -- 12. Structured microfinance in China -- 13. Microfinance and joint-liability lending 14. Microfinance as an alternative to the imperfections of the financial system -- 15. Comparing founders' specific human capital in traditional versus philanthropic venture capital firms -- 16. Examination of the relationship between venture capital and economic growth in emerging markets -- Part II Governance and sustainable finance-- 22. Environment, economics and ethics: towards an integrated model of 'strong' corporate sustainability -- 23. Climate risk and the practice of corporate valuation -- 24. Value relevance of environmental, social, and governance disclosure -- 25. The emergence of business sustainability: educational, practical and research implications -- Part III Fraud, governance and agency problems-- 26. Corporate governance and fraud: causes and consequences -- 27. Sustainability disclosure and earnings management -- 28. The effect of publication, format, and content of integrated reports on analysts' earnings forecasts -- 29. Crowdfunding as a two-sided platform: development of a crowdfunding participation model -- 30. Crowdsourcing, co-creation and crowdfunding in the video-game industry -- 31. How to foster responsible corporate governance : voluntary versus legislative approaches.

he severe consequences of the global financial crisis 2008-2009 and numerous accounting frauds and financial scandals over the last fifteen years have let to calls for more ethical and responsible actions in all economic activities including consumption, investing, governance and regulation. Despite the fact that ethics in business and corporate social responsibility rules have been adopted in various countries, more efforts have to be devoted to motivate and empower more actors to integrate ethical behavior and rules in making business and managerial decisions. The Research Handbook of Finance and Sustainability will provide the readers but particularly investors, managers, and policymakers with comprehensive coverage of the issues at the crossroads of finance, ethics and sustainable development as well as proposed solutions, while focusing on three different levels: corporations, investment funds, and financial markets.