The bias inherent in the current practice of traditional finance, economics and accounting concepts is culpable for much of today’s pollution, the degradation of resources, environmental calamities, and the inequities suffered by deprived social groups. The notions of free-market laisser-faire capitalism, untrammelled economic growth and shareholder wealth maximization have resulted in distortionary decision making, which is exclusive by design, and in the denial of the value of co-creating opportunities with its focus on the benefits for all stakeholders rather than just for those with economic superiority. Changing direction is critical to compensating the cumulative adversities caused by mankind but also to ensure our legacy is an inhabitable and enduring planet.
For the change in direction to be effective requires foregoing the traditional concepts and imposing the principle of sustainability at the core of our finance, economics, and accounting concepts. This is clearly articulated in the UN Member States 2015 adoption of the 2030 Agenda for Sustainable Development with its 17 Sustainable Development Goals (SDGs), the Addis Ababa Action Agenda on Financing for Development, and the Paris Agreement on Climate Change, which amongst others specifically affirm poverty eradication, quality education, decent work supporting sustainable economic growth, reverse climate change, and partnership for mutual goals. The lead themes for this conference reflect the SDG agenda. They are the critically appraisal of both the empirical and theoretical efficacy of the development goals, effectiveness evaluations of the various metrics used to characterize the goals, and proposals on alternative decision-making tools underpinning sustainable development solutions, in the unfolding world following the Covid-19 pandemic.
We wish to all relevant policy makers, think-tank specialists, corporate leaders, academic researchers, and doctoral scholars to attend this conference. Participants are encouraged to submit their manuscripts (academic or practitioner papers) on the conference lead or subordinate theme. We are proud to have obtained the support of the co-sponsors, IIM Jammu under the aegis of the Ministry of Education Government of India, and the University of Bradford UK, and the backing of the Institute of Cost Accountants of India and the Institute of Company Secretaries of India
Indian Institute of Management Jammu, India
Visit : http://www.iimj.ac.in/
University of Bradford, Bradford, UK