Intergenerational Equity: Corporate and Financial Leadership.
Intergenerational Equity: Corporate and Financial Leadership
Julia M. Puaschunder
Edward Elgar Publishing
9 Dewey Court, Northampton, MA 01060-3815
9781788978828, $120.00, HC, 240pp, www.amazon.com
Synopsis: Exploring a topic of growing importance that has scant coverage, "Intergenerational Equity: Corporate and Financial Leadership " by Julia M. Puaschunder (a Post-Doctoral Researcher, Columbia University and Princeton University and Department of Economics and the Schwartz Center for Economic Policy Analysis, The New School, US) brings to the fore a comprehensive discussion of intergenerational predicaments.
"Intergenerational Equity" informatively explores just how corporate and financial social responsibility can leverage intergenerational harmony through Corporate Social Responsibility (CSR) and Socially Responsible Investment (SRI).
A warming earth under climate change, overindebtedness crises and demographic aging of a Western world population are putting pressure on future generations. Transparency and accountability are key for monitoring corporate and financial social responsibility in the interplay of public and private actors to ensure a sustainable humankind and intergenerational harmony.
"Intergenerational Equity" insightfully discusses the human constituents of responsibility and the international emergence of CSR, paying special attention to global governance multi-stakeholder partnerships. The rise of SRI in the international arena in the wake of stakeholder activism and intrinsic socio-psychological motives of socially responsible investors are also outlined and the role of leadership, trust and managerial ethics accentuated.
Critique: Enhanced for academia with the inclusion of figures, tables, an informative introduction, thirty-one pages of references, and a ten page index, scholars, executives and readers motivated by the desire to improve corporate and financial market activities will benefit immensely by a careful reading of "Intergenerational Equity: Corporate and Financial Leadership"--making it an ideal curriculum textbook and an unreservedly recommended addition to corporate, college, and university library Economic Studies and Business Management collections and supplemental studies lists.