Financial Markets And The Challenges Of Sustainable Growth
Sustainable growth and responsibility for the economy and the environment are postulates rarely associated with the term “financial market”. Financial markets are identified with the ruthless maximisation of profit at acceptable risk, rather than with socially responsible conduct. However, in the gl...
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| Format: | Article |
| Language: | English |
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Lodz University Press
2016-06-01
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| Series: | Comparative Economic Research |
| Subjects: | |
| Online Access: | https://czasopisma.uni.lodz.pl/CER/article/view/2328 |
| _version_ | 1818695675573960704 |
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| author | Małgorzata Janicka |
| author_facet | Małgorzata Janicka |
| author_sort | Małgorzata Janicka |
| collection | DOAJ |
| description | Sustainable growth and responsibility for the economy and the environment are postulates rarely associated with the term “financial market”. Financial markets are identified with the ruthless maximisation of profit at acceptable risk, rather than with socially responsible conduct. However, in the global economy businesses modify their priorities and become aware of not just the need to grow in financial terms but also to improve their quality performance. International financial markets have become part of this trend and are increasingly often adopting environmentally friendly attitudes and embracing the challenges posed by the concept of sustainable growth. Ideas such as CSR – Corporate Social Responsibility – and SRI – Socially Responsible Investment are gaining in importance. While sustainable growth of the economy as perceived from the point of view of the manufacturing or service sectors is widely discussed, the sustainable growth of financial markets is a relatively new concept and the available literature on “green” financial markets is quite scarce. This paper is intended to fill in this gap and examine the changes that have taken place on financial markets in the context of the idea of sustainable growth, with particular attention paid to the European Union markets. |
| first_indexed | 2024-12-17T13:49:15Z |
| format | Article |
| id | doaj.art-0673ab28c24d4a11bf4b4e7358241292 |
| institution | Directory Open Access Journal |
| issn | 1508-2008 2082-6737 |
| language | English |
| last_indexed | 2024-12-17T13:49:15Z |
| publishDate | 2016-06-01 |
| publisher | Lodz University Press |
| record_format | Article |
| series | Comparative Economic Research |
| spelling | doaj.art-0673ab28c24d4a11bf4b4e73582412922022-12-21T21:46:05ZengLodz University PressComparative Economic Research1508-20082082-67372016-06-01192274110.1515/cer-2016-00112328Financial Markets And The Challenges Of Sustainable GrowthMałgorzata Janicka0University of Lodz, Department of International EconomicsSustainable growth and responsibility for the economy and the environment are postulates rarely associated with the term “financial market”. Financial markets are identified with the ruthless maximisation of profit at acceptable risk, rather than with socially responsible conduct. However, in the global economy businesses modify their priorities and become aware of not just the need to grow in financial terms but also to improve their quality performance. International financial markets have become part of this trend and are increasingly often adopting environmentally friendly attitudes and embracing the challenges posed by the concept of sustainable growth. Ideas such as CSR – Corporate Social Responsibility – and SRI – Socially Responsible Investment are gaining in importance. While sustainable growth of the economy as perceived from the point of view of the manufacturing or service sectors is widely discussed, the sustainable growth of financial markets is a relatively new concept and the available literature on “green” financial markets is quite scarce. This paper is intended to fill in this gap and examine the changes that have taken place on financial markets in the context of the idea of sustainable growth, with particular attention paid to the European Union markets.https://czasopisma.uni.lodz.pl/CER/article/view/2328financial marketeuropean unionsustainable growthenvironmental measures |
| spellingShingle | Małgorzata Janicka Financial Markets And The Challenges Of Sustainable Growth Comparative Economic Research financial market european union sustainable growth environmental measures |
| title | Financial Markets And The Challenges Of Sustainable Growth |
| title_full | Financial Markets And The Challenges Of Sustainable Growth |
| title_fullStr | Financial Markets And The Challenges Of Sustainable Growth |
| title_full_unstemmed | Financial Markets And The Challenges Of Sustainable Growth |
| title_short | Financial Markets And The Challenges Of Sustainable Growth |
| title_sort | financial markets and the challenges of sustainable growth |
| topic | financial market european union sustainable growth environmental measures |
| url | https://czasopisma.uni.lodz.pl/CER/article/view/2328 |
| work_keys_str_mv | AT małgorzatajanicka financialmarketsandthechallengesofsustainablegrowth |