Sustainable Value Creation in the European Union
Towards Pathways to a Sustainable Future through Crises

This volume explores the concept of sustainable value creation, presenting readers with a wide-ranging analysis integrating different and interacting disciplines.

Beate Sjåfjell (Edited by), Georgina Tsagas (Edited by), Charlotte Villiers (Edited by)

9781009243896, Cambridge University Press

Hardback, published 15 December 2022

400 pages
23.6 x 15.8 x 2.4 cm, 0.64 kg

The European Union Treaty after Lisbon emphasises the overarching objectives of sustainable development and a highly competitive social market economy, aiming at full employment, high levels of environmental protection and social progress. Yet, in 2022, it is clear that these ambitions have not been fully achieved. The ongoing pandemic, the continuing fall-out from Brexit and the resulting economic damage, a Grexit avoided, and potential other exits from the EU, have come to undermine the political consensus of the idea of a European Union. Amidst these challenges, the debates on how to achieve the UN Sustainable Development Goals have turned towards demanding more sustainable economic policies, financial investments and business actions. The present volume provides a much-needed space for in-depth discussion of the concept of sustainable value creation and how it can be achieved within the ecological limits of our planet, through the prism of an interdisciplinary concept of sustainability.

Part I: The Objectives of The EU's Social Market Economy Revisited: 1. Stimulating value creation in a Europe in crisis Charlotte Villiers, Beate Sjåfjell and Georgina Tsagas
2. Ten million or one hundred million casualties? COVID-19 crisis and Europe's sustainability agenda Dirk Andreas Zetzsche and Roberta Consiglio
3. The corporation and the EU social market economy: a renewed commitment Irene Lynch Fannon and Michael James Boland
Part II. The (Un)sustainability of the EU Eeconomic System: 4. Fiscal austerity and monetary largesse: the EU's constitutional and ideological straitjacket Andrew Johnston and Trevor Pugh
5. Sustainability and Eurozone 2.0: still impossible? Alexandros Kyriakidis
6. The economic adjustment program of Greece (2010-18): why failure? Panagiotis Liargovas and Voula Kratimenou
7. Shareholder activism: driver or obstacle for sustainable value creation? Jukka Mähönen
Part III. Ways Forward in the Promotion of Value Creation: 8. Financing sustainable value creation Jay Cullen, Jukka Mähönen and Heidi Rapp Nilsen
9. Integrating sustainable value creation in corporate governance: company law, corporate governance codes and the constitution of the company Beate Sjåfjell and Georgina Tsagas
10. The contribution of social enterprises to value creation in Europe: the case of Dopper BV in the Netherlands Tineke Lambooy, Henk Kievit, Aikaterini Argyrou, Robert Jan Blomme and Olivera Vuletic
11. The role of women in stimulating new types of value creation
Charlotte Villiers and Roseanne Russell
Part IV. Ways Forward: 12. Pathways towards sustainable value creation in the EU Charlotte Villiers, Beate Sjåfjell and Georgina Tsagas.

Subject Areas: Commercial law [LNCB], Company, commercial & competition law [LNC], Law [L]