Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if applicable, please give one example within the

If applicable, please give one example within the answer. In this...

80.2K

Verified Solution

Question

Accounting

If applicable, please give one example within the answer. image
In this course, we have reviewed the importance of standards in the world economy and also considered the more recent ESG dynamic. It seems that there lacks a consistent and agreed definition of ESG standards although a number of organizations such as the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB); CDP (formerly the Carbon Disclosure Project); the Carbon Disclosure Standards Board (CDSB); and the International Integrated Reporting Council (IIRC) are engaged in this attempt. Indeed, the Intemational Financial Reporting Standards (IFRS) Foundation has also undertaken this effort but rule making can take an extended period of time. Is ESG a current trend or fad? Will ESG survive when held to a Milton Friedman standard that suggests the purpose of a corporation is for the benefit of its shareholders? Or, stated another way, should ESG be the responsibility of corporations or should governments set standards to which corporation must adhere? Can ESG

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students