Table of Contents
HC 2...............................................................................................2
Key takeaways Deegan (2017):..................................................................................2
Key Takeaways Hooper & Gilding (2024):...................................................................2
HC 3...............................................................................................2
HC 4...............................................................................................4
HC 5...............................................................................................5
HC 6...............................................................................................6
HC 7...............................................................................................7
HC 8..............................................................................................10
HC 9..............................................................................................11
HC 10............................................................................................12
HC 11............................................................................................13
HC 12............................................................................................14
, HC 2
Key takeaways Deegan (2017):
Accounting is extremely important for the broad theme of sustainability
It is not enough to be critical, we have to be pragmatic too!
To take part in SEA (social and environmental accounting) you should have concern
about current ecological and social problems, an ability to engage, and some optimism
Academic students should therefore research in the SEA area if their actually care
about the environment and social aspects and they have some understanding of it
Key Takeaways Hooper & Gilding (2024):
There are core problems with our founding ideas
ESGs don’t work!
The solution is to embrace a competitive and value-centric approach. To arrive at this
solution, two things must happen
o A change in mindset: Sustainability should not be a choice, it should be vital
to survive. This comes with changes not happening slowly but fast and sector-
wide. Declarative sustainability (long-term pledges and warm words of
support with no serious plans to deliver) should disappear.
o A change in the market: Governments should impose strong policies
containing real economic drivers like taxes and subsidies, mandates and bans.
This can change the whole structure of a market.
HC 3
The taxpayer Who is liable for taxes?
The tax base What is taxed?
Tax avoidance = legal
Tax evasion = illegal
International taxation Where can your entities be taxed?
HC 2...............................................................................................2
Key takeaways Deegan (2017):..................................................................................2
Key Takeaways Hooper & Gilding (2024):...................................................................2
HC 3...............................................................................................2
HC 4...............................................................................................4
HC 5...............................................................................................5
HC 6...............................................................................................6
HC 7...............................................................................................7
HC 8..............................................................................................10
HC 9..............................................................................................11
HC 10............................................................................................12
HC 11............................................................................................13
HC 12............................................................................................14
, HC 2
Key takeaways Deegan (2017):
Accounting is extremely important for the broad theme of sustainability
It is not enough to be critical, we have to be pragmatic too!
To take part in SEA (social and environmental accounting) you should have concern
about current ecological and social problems, an ability to engage, and some optimism
Academic students should therefore research in the SEA area if their actually care
about the environment and social aspects and they have some understanding of it
Key Takeaways Hooper & Gilding (2024):
There are core problems with our founding ideas
ESGs don’t work!
The solution is to embrace a competitive and value-centric approach. To arrive at this
solution, two things must happen
o A change in mindset: Sustainability should not be a choice, it should be vital
to survive. This comes with changes not happening slowly but fast and sector-
wide. Declarative sustainability (long-term pledges and warm words of
support with no serious plans to deliver) should disappear.
o A change in the market: Governments should impose strong policies
containing real economic drivers like taxes and subsidies, mandates and bans.
This can change the whole structure of a market.
HC 3
The taxpayer Who is liable for taxes?
The tax base What is taxed?
Tax avoidance = legal
Tax evasion = illegal
International taxation Where can your entities be taxed?
