MBA 593: Finance & Accounting for Sustainability and Social Responsibility

The module examines and critically analyses relevant reporting standards issued by the SASB (Sustainability Accounting Standards Board) as well as the latest standards framework on sustainability being developed by the IASB. It also examines in-depth, the practices of measuring and reporting social and environmental performance such as social accounting and TBL (Triple Bottom Line) reporting as well as the role of capital market stakeholders in shaping the development of these standards and practices. Finance of Sustainability will also be covered using modern financial theory and practical applications. Case studies will be used to examine and analyze the emergence and development of standards and practices in sustainability reporting. The course topics surrounding these issues will be framed using theories such as agency theory, stakeholder theory and institutional theory for critical analysis and decision making.