Not enough attention has been given to the social factor of ESG, says business school professor

Investing in care homes is about respecting human rights, says Associate Professor Hanna Silvola from Hanken School of Economics, referring to the case of the Esperi Care chain, which is likely to start hunting for a new PE investor.

Associate Professor at Hanken School of Economics Hanna Silvola | Photo: PR

Finding a new investor for Finnish care home chain Esperi Care may turn out to be rather difficult due to the risks involved, says Associate Professor at Hanken School of Economics Hanna Silvola.

On Tuesday, AMWatch reported that Ilmarinen, SEB and Danske Bank, the three lenders of Esperi Care took over the company from UK-based Intermediate Capital Group (ICG) in a rare act after the chain's financial situation had brought the company at the brink of bankruptcy. 

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