by Yonghyup Oh (Author)
About the Author
Dr. Yonghyup Oh is an economist, statistician and conceptual modeler of the earth. His professional focus is on ecological extensions of conventional economics and finance. He extends the links of conventional economic variables to factors that are traditionally not treated in the mainstream economics literature.
He has rich working experience, from an air force officer to financial analyst, university lecturer, editor of an international journal and director in a research center. Above all he enjoys being in multicultural environments, and embraces the benefits of it. He has lived in countries other than his own for almost two thirds of his 30 years of professional life.
About this book
This book discusses the concept of sustainability valuation, a method in which corporate social responsibility (CSR) among other factors is embedded in the cash value of a given firm. It proposes a new, holistic way of representing sustainability in a theoretical framework, and discusses the role of policy in determining a firm’s cash value. Moreover, it addresses the method’s potential, the challenges involved in its practical application, and how it can be adapted to specific cases. By shaking up the field of firm valuation in an era characterized by global sustainable development, the book makes a valuable contribution to the available literature on finance, sustainability science, and policymaking.
Brief contents
1 Structure of Sustainability Valuation 1
1.1 Win-Win Between Business and Sustainable Development of Society 1
1.2 De Jure and De Facto Sustainability Values 2
1.3 Structure of Sustainability Valuation 4
1.3.1 Sequence of Sustainability Valuation 4
1.3.2 Distinguished Features of Sustainability Valuation 5
Cited Works 8
Further Readings 8
2 Sustainability Channels of Business 11
2.1 Sustainability Modeling of Society 11
2.2 Political Regimes of Sustainability 13
2.3 Sustainability Channels of Business 15
Cited Works 18
Further Readings 18
3 Sustainability Cashflows 21
3.1 Sustainability Accounting 21
3.2 Sustainability Cashflows 25
Cited Works 26
Further Readings 26
4 Sustainability Discount Rates 29
4.1 Sustainability Capital 29
4.2 Sustainability Discount Rates 30
Cited Works 33
Further Readings 33
5 Completion and Further Issues 35
5.1 Completion of Sustainability Valuation 35
5.2 Impacts of Employing Sustainability Valuation 36
5.3 Further Issues 37
5.3.1 Valuation of Small Businesses 37
5.3.2 How Can We Apply in Practice the Framework Presented in This Book? 38
Further Readings 38
Appendix A: An Example of Win–Win: Economic Development Versus Commitment Against Climate Changes 41
Appendix B: The Beyond—GDP Debacle 45
Appendix C: A Brief History of Sustainability 49
Appendix D: A Macro Model of Sustainability 55
Appendix E: Political Economic Regimes 61
Appendix F: Crisis Prevention Discount Rates 67
Series: SpringerBriefs in Finance
Pages: 68 pages
Publisher: Springer; 1st ed. 2019 edition (August 5, 2019)
Language: English
ISBN-10: 3030186474
ISBN-13: 978-3030186470
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