| Autor: |
Harrer, Theresia, Lehner, Othmar Manfred, Hehenberger, Lisa K., Hockerts, Kai N., Krlev, Gorgi, Lyon, Fergus, Scheck, Barbara |
| Zdroj: |
Academy of Management Annual Meeting Proceedings; 2021, Vol. 2021 Issue 1, p1-1, 1p |
| Abstrakt: |
Impact Investing, an investment approach that aims to achieve a combination of social and commercial outcomes and thus create blended value, has gained significant momentum over the last decade. It is often heralded as a panacea because of the urgent need to tackle pressing societal and environmental issues despite global governmental austerity measures and a bleak economic outlook. While we have seen tremendous progress in creating an early-stage impact investing market, the recent COVID-19 pandemic with its political and normative pressures has highlighted that we might not yet fully understand how and whether impact investing actually works, and for whom. While this knowledge gap might be due to the pre-paradigmatic (theory-building) state of the impact investing field, in this symposium we also consider how existing theories might inform our understanding and what we need to look out for when applying theories to the highly heterogenous context of impact investing. We discuss among others that ideas of social justice, progress and cultural individualism might not be recognized accordingly in existing research, and thus that important criteria for impact investing success might be overlooked. This symposium brings together experts from theory and practice and critically examines the nature of impact investing, as well as ways to manage and measure the inherent and manifold heterogeneous logics in these investments. After disentangling what we do (not) know about impact investing the symposium ultimately offers ways forward to research an investment approach that truly recognizes the centrality of beliefs and normative thinking. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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