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The course provides an understanding on ESG (environmental, social, governance) and traditional financial information and their connection with corporate performance. Analytical framework of financial reporting and ESG are presented thru the needs and effects of management, stakeholders and shareholders. The course introduces relevant sustainability concepts and reporting frameworks, such as GRI, SBT, TCFD and the “Integrated Reporting” and their links to financial reporting and decision-making. The focus is on ESG analysis as a part of financial analysis and its effect on the value creation. In addition, the effects of ownership, dominant vs minority shareholders, stakeholders, corporate control and managerial compensation are presented.

The course includes case work.

The course can be taken as part of the study module in Corporate Responsibility.