Finance and Economy for Society

Sharam Alijani is Associate Professor of Strategy and Entrepreneurship at Neoma Business School and a Research Fellow at ‘HABITER IRCS’ Center, Reims Champagne-Ardenne University. His teachings and research focus on strategic management, entrepreneurship, ethics, sustainability and social innovation. He currently serves as Associate Editor of the European Social Innovation Review and is the co-organizer of the ‘Finance, Economy and Society’ track at the European Academy of Management. Sharam has served in numerous executive and consulting capacities and taught as visiting faculty in Europe, China and the United States. He is the President of AMU North America, an entrepreneurial hub for social innovators and high-tech startups. His research has appeared in numerous international academic journals and books, including the Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship (2016, Springer). He is the coordinator of the SIMAPCT research team at Neoma Business School. Catherine Karyotis, HDR, is Professor of Finance at Neoma Business School and Head of the Master in International Financial Analysis at the Reims campus. She has been previously involved with Euroclear, a financial services company that specializes in the settlement of securities and is currently a member of the Scientific Committee of the French Society of Financial Analysts. Catherine is the co-organizer of the ‘Finance, Economy and Society’ track at the European Academy of Management. Her teaching and research focus on bank and finance and capital markets. Catherine has published in international academic as well as professional journals in France and is the author of ‘L’essentiel de la banque’ (Gualino, 2016) and co-author of ‘Introduction a` la finance du marche´’ (Pearson, 2015).

• PART I: INTRODUCTIONSociety at the Crossroads: The Path to a Sustainable Economy - Sharam Alijani and Catherine KaryotisPART II: UNPACKING THE FINANCIAL CRISIS: CHALLENGES AND PERSPECTIVESCorporate Governance and Inequality: The Impact of Financialization and Shareholder Value - Thomas Clarke and Soheyla Gholamshahithe Global Financial Crisis and Neo-Liberal Financialization - Peter V. Rajsinghthe Contradiction Between the Time Value of Money and Sustainability - Dirk Baur and Thomas Lagoarde-SegotFinance and Mathematics: Merger or Acquisition – Sébastien Lleo and Jessica LiPART III: SUSTAINABLE FINANCE: ETHICAL AND INNOVATION DILEMMASEthical Issues in Finance - Gérard Béduneau and Bruno GizardSocially Responsible Investment as a Process for Assessing Csr Strategies: Theoretical Implications for Csr - Grégory Schneider-Maunoury and Alexis Gouinthe Innovation Dilemma in the Financial Industry: French Domestic Credit Institutions - Pascale De RozarioTen Challenges to Have a Sustainable Financial System - Catherine Karyotis and Joseph OnochieFinance as a Common: from Environmental Management to Microfinance and Back - Davide Forcella and Jean-Michel ServetPART IV: MOVING TOWARD SUSTAINABLE SOCIAL AND ECONOMIC MODELSthe “Triple Depreciation Line” Accounting Model and Its Application to the Human Capital - Alexandre Rambaud and Jacques RichardExploring New Ways to Assess the Impact of Microfinance: What Role for the Capability Approach? - Asmae Diani and Julienne BrabetToward a Socially Rational Management: Insights from Japanese and Islamic Business Ethics - Hideko Sakurai and Ayako SendoBuilding Capabilities Through Social Innovation: Implications for the Economy and Society - Sharam Alijani, Alvaro Luna, Javier Castro-Spila and Alfonso UncetaSocial Innovation Business Models: Coping with Antagonistic Objectives and Assets - Tamami Komatsu, Alessandro Deserti, Francesca Rizzo, Manuela Celi and Sharam AlijaniCoping with Social Innovation Dilemmas: An Exploratory Study of Middle Range Theory - Dieter Rehfeld and Judith TerstriepAbout the AuthorsIndex

Editors Alijani and Karyotis present readers with a collection of professional and academic perspectives on the social, economic, and environmental impact of corporations and current trends in corporate governance and corporate social responsibilities. The editors have organized the sixteen selections that make up the main body of the text in four parts devoted to the path to a sustainable economy, unpacking the crisis, sustainable finance, and moving toward sustainable social and economic models. Sharam Alijani and Catherine Karyotis are faculty members of NEOMA Business School in Reims, France.