JOURNAL ARTICLE

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  • Published In: Journal of Applied Corporate Finance, 2025, v. 37, n. 2. P. 2 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: McCORMACK, JOHN 3 of 3

Abstract

The article focuses on the theme of "sustainable financial management" within the context of corporate sustainability and its economic foundations. It contrasts traditional financial principles with the approaches of social activists, particularly regarding Environmental, Social, and Governance (ESG) criteria and the implications of diversity, equity, and inclusion (DEI) initiatives. The authors present various perspectives, including a critique of the "Apocalyptic Climate Narrative" by DeAngelo and Curry, who advocate for a diversified energy portfolio rather than aggressive fossil fuel suppression. Additionally, the article discusses historical attempts by entrepreneurs to create socially responsible communities and examines the positive market reactions to companies with female leadership during the #MeToo movement, highlighting the evolving investor preferences towards gender diversity without compromising performance. [Extracted from the article]

Additional Information

  • Source:Journal of Applied Corporate Finance. 2025/04, Vol. 37, Issue 2, p2
  • Document Type:Article
  • Subject Area:Science
  • Publication Date:2025
  • ISSN:1936-8216
  • DOI:10.1111/jacf.12677
  • Accession Number:187818873
  • Copyright Statement:Copyright of Journal of Applied Corporate Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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