A conceptual framework for developing the cost of capital of stakeholders (CoSC): case study of Sustainable Hockerton Ltd.

Lakshmi, Geeta and Khan, Muhammad Burdbar and Vortelinos, Dimitrios (2016) A conceptual framework for developing the cost of capital of stakeholders (CoSC): case study of Sustainable Hockerton Ltd. In: LEAF - Linking Environment and Framing, 2 Nov 2016, University of Lincoln.

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Abstract

Three pillars i.e. environmental, social and financial, drive sustainable growth (De Silva and Pownall, 2014, Elkington, 1994). The focus, currently, is not on whether this is important but how firms can achieve this (Glavas and Mish, 2015).
A paucity of literature in finance and accounting on how to construct tools for triple bottom line businesses. While mainstream financial education is technical (Lakshmi 2013, 2016) and focuses on owners’ financial investment, those techniques fall short of incorporating the other two pillars within their scope.
Moreover, finance education concentrates mostly on large business, particularly that which has market value. The use of financial metrics permeates every activity in modern life

Keywords:Economics
Subjects:L Social studies > L100 Economics
Divisions:Lincoln International Business School
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ID Code:25208
Deposited On:21 Nov 2016 18:18

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