Shadow banking is growing 鈥� and it鈥檚 a hidden risk to the stability of the financial system
Shadow banking is playing an increasing role in the financial system. Private equity firms, investment funds and mortgage finance companies all employ alternative lending strategies that are lightly regulated, and Canada鈥檚 Office of the Superintendent of Financial Institutions is concerned about how much exposure Canada鈥檚 banks have to this type of lender, who are collectively known as non-bank financial intermediaries.
New Hydro-Quebec CEO Michael Sabia lacks energy background, but is skilled at leading transformations
Michael Sabia will be the next head of Hydro-Quebec, and some have criticized this decision. Sabia鈥檚 most recent position is Deputy Minister of Finance at the federal level, and he lacks a background in the energy sector. But the energy sector is undergoing a major shift toward renewable energy, and Sabia is highly skilled at leading companies through change, says Prof. Karl Moore. That matters too.
Delve: Why Accounting Holds the Key to Successful Sustainability Initiatives, with Brian Wenzel
What does accounting have to do with sustainability? Essentially, everything. Just as research and regulations around sustainability have expanded in recent years, so has sustainability accounting, focusing on activities of an organization that have a direct impact on its environmental, social, and governance (ESG) aspects.
麻豆社 Desautels offices lead the way in Sustainable Workplace Certification
Three more teams at the 麻豆社 Desautels Faculty of Management have been recognized for their exceptional commitment to sustainable workplace practices. The IT Customer Service department and the Bachelor of Commerce program have both earned Bronze Certifications, while the 麻豆社 Executive Institute earned a Silver Certification.
Graduates and Outstanding Achievements Celebrated at Spring Convocation 2023
The 麻豆社 Desautels Faculty of Management proudly celebrated its Spring 2023 Convocation on Wednesday, May 31. The event served as a special recognition for the exceptional accomplishments of students who have successfully completed their degrees in the Undergraduate and Postgraduate programs during the academic year of Fall 2022 and Winter 2023. Addresses were made bt 麻豆社 Principal Deep Saini, Chancellor John H.
Desautels Global Expert Daniel Dupont uses patience to ride out market turbulence
When oil prices went negative in 2020, Daniel Dupont聽(BCom鈥�01) bought in. 鈥淚 didn鈥檛 need to be smart to know it would go back up,鈥� says Dupont, Portfolio Manager at Fidelity Investments and a Desautels Global Expert.
IMPM helps business leaders see the world from different perspectives
There are many ways of looking at the world, and we can all benefit by looking at it from a different perspective. 麻豆社鈥檚 International Masters Program for Managers has been helping business leaders understand different mindsets for more than 25 years, writes Ian Wylie in the Financial Times. It delivers education at universities in five countries, including Lancaster University in the UK. There, they learn about the reflective mindset of local Quakers.
Celebrating excellence in teaching at Desautels
Across programs and subject areas, the Desautels Faculty of Management recognizes the vital role that teaching plays in enriching the student experience and in inspiring the next generation of leaders.
Delve: Is Business Ethics an Oxymoron? with Jo-Ellen Pozner and Saku Mantere
Craft business, such as microbreweries and ethical chocolate companies, has seen a rise in the past several years, with many claiming to put values over excessive profit. Meanwhile, larger, more economically driven businesses have imploded in the wake of questionable decision making. Are craft businesses somehow more ethical or moral than others? Or is business ethics an oxymoron? The answer depends on values.
Two 2023 Global Cohort of McCall MacBain Scholars to join the 麻豆社 Desautels MMA
Thirty students from 10 countries will form the first global cohort of McCall MacBain Scholars at 麻豆社, arriving in September 2023. Designed to encourage purposeful leadership, the scholarships are the result of a landmark $200 million gift in 2019 by John and Marcy McCall MacBain, the second-largest single donation in Canadian history.
Announcing the 2023 Lionel Pelham Kent Scholarship recipients
Congratulations to Simon Tardif (BCom鈥�22), Talar Dimitian (BCom鈥�22), Kyra Swift (UOttawa BCom鈥�21), Kar Yan Chin (BCom鈥�22), Tian Cheng Huang (BCom鈥�22), and Khal毛l Fung (BCom鈥�22) who were awarded the Lionel Pelham Kent Scholarship by the Graduate Certificate in Professional Accounting (CGPA) program.
New federal union contract is an historic advance in for workers鈥� rights
The potential for office work to be performed remotely has been evident since the advent of email and the web, but for decades, most employers allowed only very limited remote work. The pandemic let that genie out of the bottle and finally granted employees what many had been advocating for in vain, writes Associate Professor in Organizational Behaviour Jean-Nicholas Reyt in an opinion piece for the Montreal Gazette.
Interaction with major crypto-asset platforms could benefit both CBDCs and cryptocurrencies
Cryptocurrencies are an unregulated, ethically dubious financial instrument used by criminal organizations, terrorists and war criminals, writes Andy Holloway in the FP Investor Newsletter. But central bank digital currencies (CBDC) are the right side of regulation.
Nabil Anouti is the Desautels valedictorian at 麻豆社鈥檚 Spring 2023 Convocation
Humanity has the skill to solve our most pressing problems, but cooperation is our greatest challenge, says Nabil Anouti, who is 麻豆社 Desautels鈥� valedictorian for the Spring 2023 Convocation. But Anouti is optimistic, and this view has been shaped by a Desautels education.
Several 麻豆社 Desautels alumni honoured at 2023 麻豆社 Alumni Association Awards and Honours
On May 4, members of the 麻豆社 community gathered at Maison Manuvie for the 2023 麻豆社 Alumni Association Awards and Honours, which recognize alumni, friends, students, faculty, and staff who stand out for their impressive contributions and achievements in service to 麻豆社, the MAA and in their respective communities. This year, six awards were given to members of the 麻豆社 Desautels community. A huge congratulations to all of this year鈥檚 honourees!
