2020
DOI: 10.26425/2309-3633-2020-1-57-62
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Responsible finance: application and challenges for society, governments and corporations

Abstract: The topic of Responsible Finance is becoming an important issue in the functioning of our financial systems. There are many interesting developments in social, governmental and corporate perspectives that promote more ethical and sustainable principles of making financial decisions, allocating resources and capital. The boom in ESG investing (taking into account Environmental, Social and Governance factors) over the last 10 years suggests the great importance of this topic for funding allocation worldwide. Inv… Show more

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“…The growth of the virus from an epidemic to a pandemic created an economic "snowball effect". Most countries were not prepared for the spread of COVID-19, which was defined as a "super spread" based on the outbreak's rapid pace [4] (p. A1). Due to the unexpected rise in cases and deaths, most governments moved to lock down their nations and establish a quarantine.…”
Section: Introductionmentioning
confidence: 99%
“…The growth of the virus from an epidemic to a pandemic created an economic "snowball effect". Most countries were not prepared for the spread of COVID-19, which was defined as a "super spread" based on the outbreak's rapid pace [4] (p. A1). Due to the unexpected rise in cases and deaths, most governments moved to lock down their nations and establish a quarantine.…”
Section: Introductionmentioning
confidence: 99%