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Wednesday, May 4, 2022

Following in her footsteps

Ahead of Mother’s Day on May 8, the School of Accounting and Finance (SAF) is sharing the story of a mother and son who graduated from the same university and program, 28 years apart. When Winnie Leung graduated from the MAcc program in 1993, the top song on the radio was I Will Always Love You by Whitney Houston, and in 2021, when her son Aaron Leung graduated, the top song on Spotify was Drivers License by Olivia Rodrigo. Music, fashion, and technology changed during that time, but the value of a SAF degree remained constant.

A significant and increasing number of North American organizations use tangible rewards to motivate their employees. Despite the widespread use of tangible rewards, there is limited understanding as to what makes them effective.

Wednesday, April 6, 2022

The Student Venture Fund Journey

University of Waterloo students are known to be an ambitious bunch, always looking for ways to advance their experiences and knowledge to gain a step ahead in the real world. The same can be said for School of Accounting and Finance (SAF) students, who can meet their ambitious goals by getting involved with the Student Venture Fund (SVF).

The Women in Accounting and Finance: Global Summit is an event that celebrates our female leaders and showcases their accomplishments in the field of accounting and finance. This year, though virtual, was a great opportunity to hear the unique and empowering stories of the panelists from around the globe.

Wednesday, March 16, 2022

The False Promise of ESG

Millions of investors and countless fund managers direct their investments to companies that are highly-rated on the basis of their environmental, social, and governance (“ESG”) activities in an attempt to do good. The claim by ESG advocates, pundits, and many academics that highly-rated ESG companies and funds also deliver superior returns bolsters this move: Doing better by doing good. The best of all worlds.

But do ESG ratings really deliver on the promise? Are highly-ranked ESG businesses really more caring of the environment, more selective of the societies in which they operate, and more focused on countries with good corporate governance? In short, is ESG really good? The answer is no.

Like International Women’s Day, the Women in Accounting and Finance Global Summit events serve to inspire current students and young alums in amplifying the importance of female leadership and perspectives in business. The 2021 Global Summit event for the Women in Accounting & Finance panel discussion brought together three School of Accounting and Finance (SAF) alums to share their career stories and answer questions from event attendees.

The theme for this year’s International Women’s Day is #BreakTheBias, calling people to imagine a gender-equal world free of stereotypes, bias and discrimination. This is also a day to recognize and celebrate the social, economic, cultural and political achievements of women.