Corporate Finance for Long-Term Value

Corporate Finance for Long-Term Value addresses companies’ core challenge—finding the right balance between profit and societal impact. The book shows that by quantifying and valuing impacts, different impacts can be compared, and trade-offs can be made, allowing organisations to make societal impact a key priority in boardrooms. Inspired by IWAF, the book translates the general concept of sustainability into core corporate finance methods, such as net present value, company valuation, cost of capital, capital structure and M&A. It provides students and professionals with critical instruments for reporting and managing impacts for contributing to the well-being of all people in society. 

Impact-Weighted Accounts Framework 

IWAF is regularly mentioned in the book, and the instruments build further on the key principles of the framework. This book, therefore, brings impact accounting to the lecture halls, educating a new generation of impact professionals! 

Drawing inspiration from recent academic literature and the United Nations’ Sustainable Development Goals, this book offers a comprehensive framework for sustainable corporate finance, guiding businesses, students and professionals toward an impact-driven economy.