FRONT COVER -- FINANCE AND SUSTAINABILITY: TOWARDS A NEW PARADIGM? A POST-CRISIS AGENDA -- COPYRIGHT PAGE -- CONTENTS -- LIST OF TABLES -- LIST OF FIGURES -- LIST OF CONTRIBUTORS -- EDITORIAL ADVISORY AND REVIEW BOARD -- ACKNOWLEDGEMENTS -- PART I: INTRODUCTION -- FINANCE AND SUSTAINABILITY: EXPLORING THE REALITY WE ARE MAKING -- FINANCIAL PARADIGMS AND PARADIGM SHIFTS -- SUSTAINABILITY AND FINANCE -- CONTRIBUTIONS OF THE VOLUME -- CONCLUDING REMARKS -- NOTES -- REFERENCES -- PART II: FINANCIAL CAPITALISM AND CORPORATE SOCIAL RESPONSIBILITY: THE CHANGING REALITY -- TOWARDS A FIDUCIARY CAPITALISM PERSPECTIVE ON BUSINESS ETHICS -- WHAT IS FIDUCIARY CAPITALISM? -- THE NORWAY PENSION FUND-GLOBAL: DEONTOLOGICAL AND TELEOLOGICAL ETHICAL TRADITIONS -- MILTON FRIEDMAN'S CHALLENGE: IS IT BASED ON A COMPLETE READING OF SMITH? -- FIDUCIARY CAPITALISM, UNIVERSAL OWNERSHIP, ESG/RI/SI AND 'MATERIALITY' -- CONCLUSION -- NOTES -- REFERENCES -- 'CORPORATE SOCIAL RESPONSIBILITY': A NEW REGULATION OF CAPITALISM? AN INSTITUTIONALIST INTERPRETATIVE FRAMEWORK OF CSR, BASED ON THE… -- FROM 'FORDISM' TO CSR: IN FAVOUR OF A THEORY OF FREE FLOWING EXCHANGE -- CSR MAY REPLACE THE FORDIST COMPROMISE -- CONCLUSION -- NOTES -- REFERENCES -- CSR AND 'BEST INTERESTS OF THE CORPORATION': NEW PURPOSE FOR CORPORATIONS AND MANAGERS? A COMPARATIVE VIEW FROM NORTH AMERICAN… -- AMERICAN POSITION: TOWARDS FUTURE CHANGE? -- FRENCH AND CANADIAN POSITIONS: CHANGE IN ACTION -- IMPLICATIONS: SHAREHOLDER AND STAKEHOLDER INTERESTS IN BALANCE -- CONCLUSIONS -- NOTES -- REFERENCES -- PART III: SOCIALLY RESPONSIBLE INVESTING: MECHANISMS AND STRATEGIES IN REALITY SHAPING -- CHANGING THE DOMINANT CONVENTION: THE ROLE OF EMERGING INITIATIVES IN MAINSTREAMING ESG -- ESG INTEGRATION: OVERVIEW OF AN EMERGING TREND -- THE ROLE OF COLLECTIVE BELIEFS IN STOCK VALUATION AND INVESTMENT PROCESSES.

EMPIRICAL EXPLORATION: METHODS AND RESULTS -- CONCLUDING REMARKS -- NOTES -- REFERENCES -- APPENDIX A: THE PRINCIPLES OF RESPONSIBLE INVESTMENT (PRI) -- APPENDIX B: EXAMPLES OF INVESTMENT CONSULTING COMPANIES OFFERING SERVICES RELATED TO ESG INTEGRATION -- ACTIVISM IN EUROPEAN PENSION FUNDS: EXERTING PRESSURE ON INTERMEDIARIES -- THE CORPORATE GOVERNANCE DEBATE AND INSTITUTIONAL INVESTORS -- SELECTION OF THE CASES -- SHAREHOLDER ACTIVISM: A DUTCH PENSION FUND -- SHAREHOLDER ACTIVISM: A BRITISH PENSION FUND -- DISCUSSION: STRONG ISOMORPHISM -- REFERENCES -- APPENDIX: SELECTED REGULATIONS AND PRONOUNCEMENTS ON SHAREHOLDER ACTIVISM -- DRIVERS OF SOCIALLY RESPONSIBLE INVESTMENT IN THE FRENCH FINANCIAL MARKET -- THE INTEGRATION OF SOCIALLY RESPONSIBLE INVESTMENT INTO THE FINANCIAL MARKET -- THE METHODOLOLGY ADOPTED: AN INTERPRETIVE APPROACH -- RESULTS: THE IMPLEMENTATION OF LEGITIMIZATION STRATEGIES -- DISCUSSION -- NOTES -- REFERENCES -- THE EXPERIMENTAL APPROACH TO TRUST IN SOCIALLY RESPONSIBLE INVESTMENT FUNDS -- SOCIALLY RESPONSIBLE INVESTORS AND THE PERFORMANCE OF SRI FUNDS -- TRUST AND ITS MEASUREMENT -- INTEGRITY AS A PRECURSOR OF TRUST -- MANIPULATING THE PERCEPTION OF INTEGRITY: THE METHODS -- OTHER PRECURSORS OF TRUSTWORTHINESS -- CONCLUSION -- NOTE -- REFERENCES -- PART IV: SUSTAINABLE FINANCE: IN SEARCH OF ALTERNATIVE APPROACHES -- THE STRATEGY AND FUNDAMENTALS OF SUSTAINABLE FINANCE SERVING SUSTAINABLE DEVELOPMENT -- DIFFERENTIATING SUSTAINABLE FINANCE AND RESPONSIBLE INVESTMENT -- WHAT ARE THE DIFFERENTIATION CRITERIA FOR A 'SOCIALLY RESPONSIBLE' FINANCE SERVING SUSTAINABLE DEVELOPMENT? -- NOTES -- REFERENCES -- IN WHAT CONDITIONS CAN VENTURE CAPITAL AND SOCIAL JUSTICE CO-EXIST? A CASE STUDY OF A FRENCH VENTURE CAPITAL FUND INVESTING ETHICALLY….

INTERDEPENDENT VENTURE CAPITAL: A FORM OF 'FAIR' INVESTMENT IN WHICH VALUES AND ETHICS PREDOMINATE -- A STAR-STRUCTURED NETWORK BASED ON A SOCIAL NETWORK GOVERNANCE -- APPRAISAL OF THE FINANCIAL AND SOCIAL PERFORMANCE OF SOLIDARITY-BASED VENTURE CAPITAL: MONEY AS A MEANS, COLLECTIVE UTILITY AS A GOAL -- CONCLUSION -- NOTES -- REFERENCES -- COOPERATIVE FINANCE AND SUSTAINABILITY AFTER THE FINANCIAL CRISIS -- NOTION AND VALUE OF COOPERATIVE FINANCE -- THE CONTEXT OF RECENT FINANCIAL AND ECONOMIC CRISIS AND UNSUSTAINABLE CONDITIONS -- CHALLENGES OF COOPERATION IN CRISIS ENVIRONMENT -- COOPERATIVE FINANCE AND SUSTAINABILITY AFTER THE RECENT CRISIS -- CONCLUSION -- REFERENCES -- EFFECTS OF FINANCIALIZATION ON RESTRUCTURING AND SUSTAINABLE DEVELOPMENT POLICY: THE ACCOR GROUP CASE -- CONCEPTUAL FRAMEWORK AND METHODOLOGY -- CLAIMED SOCIAL AND ENVIRONMENTAL POLICIES -- SHAREHOLDING FINANCIALIZATION AND STRATEGIC SHIFTS OF THE 2000S -- RESTRUCTURINGS AND THEIR IMPACT ON EMPLOYEES -- DISCUSSION -- CONCLUSION -- NOTES -- REFERENCES -- PART V: FINANCIAL CHOICE AND RISK MANAGEMENT IN A COMPLEX WORLD -- DYNAMIC SYSTEMS, MATCHING COMPLEXITY, CONTRIBUTIONS TO CORPORATE FINANCIAL CHOICE -- FINANCIAL PROBLEM AND THE THEORETICAL GAP -- SYSTEMATIC MODELLING OF MATCHING COMPLEXITY -- METHODS -- ANALYSIS AND RESULTS -- CONCLUSION -- REFERENCES -- THE NEW PARADIGM IN RISK MANAGEMENT -- THE OLD PARADIGM -- KEY CONCLUSIONS OF THE OLD PARADIGM -- USEFULNESS OF THE OLD PARADIGM RISK MODELLING -- ATTEMPTS AT FIXING THE OLD PARADIGM -- THE NEW PARADIGM -- 2008 CRASH IN US EQUITY -- LTCM CRASH OF 1998 -- THE DOT-COM MELTDOWN -- AUSTRALIA EQUITY DROP IN 1997 -- PROFITING FROM THE BOOM -- CURRENCY RISK IN SOUTH KOREA DURING 1997 AND 2008 -- ADVANTAGES AND LIMITATIONS OF USING BEHAVIOURAL RISK MODELS -- CONCLUSIONS -- NOTES -- REFERENCES.

APPENDIX: SOME FORMULAE AND STATISTICAL TESTING -- STATISTICAL TESTING -- ACTUAL RISK SHARING MEASUREMENT IN ISLAMIC BANKS -- MODELLING THE DCR: THE VAR MODEL -- CASE STUDY: BAHRAIN ISLAMIC BANK -- CONCLUSION -- NOTES -- REFERENCES -- SYSTEMIC RISK IN STRUCTURED FINANCE: LESSONS FROM THE ONGOING FINANCIAL CRISIS -- HOW DID CREDIT SECURITISATION GO WRONG? -- THE COLLAPSE OF CSF AND BANKING LOSSES -- RISK IN SF: OLD AND NEW PROBLEMS IN CREDIT RATING -- FINANCIAL CRISIS AND CREDIT RATINGS DEBACLE IN SF -- CREDIT MODELLING ISSUES AND RISK-MANAGEMENT PRACTICE -- CREDIT RISK SIMULATIONS BASED ON THE STANDARD CREDIT MODEL -- CONCLUSIONS -- NOTES -- REFERENCES.