Post by Rotterdam School of Management, Erasmus University

🎓 Congratulations to Dr Florian Madertoner for succesfully defending his PhD at RSM! For his dissertation, Dr Madertoner explored a deceptively big question: how do financing choices and corporate purpose shape which firms survive, fail or transform? His research traces: • Why 19th-century firms turned to convertible bonds under capital constraints • How Dutch corporate exits shifted from shareholder-led liquidations to creditor-driven bankruptcies • What happens when stakeholder-focused leadership creates social value but strains financial resilience. Together, these insights connect historical finance to today’s debates on ESG, corporate purpose and sustainable business models. Read the full story here: https://lnkd.in/d4Pm3ZZk #ESG #SustainableFinance #CorporateGovernance #CorporatePurpose #StakeholderCapitalism #CapitalMarkets #PhDResearch #ResponsibleInvestment #SustainabilityLeadership