Coping with impact investing antagonistic objectives: A multistakeholder approach
| Autor: | Sharam Alijani, Catherine Karyotis |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
040101 forestry
050208 finance Sustainable Value 05 social sciences Institutional investor 04 agricultural and veterinary sciences Blended value Socially responsible investing Intermediary 0502 economics and business Impact investing 0401 agriculture forestry and fisheries Business Management and Accounting (miscellaneous) Portfolio Environmental impact assessment Business Finance Industrial organization |
| Zdroj: | Research in International Business and Finance. 47:10-17 |
| ISSN: | 0275-5319 |
| DOI: | 10.1016/j.ribaf.2018.04.002 |
| Popis: | Impact investing (II) aims to achieve positive social and environmental impact and create blended value through sustainable value propositions. Building and expanding on a diverse and growing research corpus on socially responsible investing (SRI), social impact bonds (SIB) and social enterprises our study investigates the structuring elements of impact investing, its dynamics and trajectory. A particular emphasis is placed on the complex web of interactions among numerous stakeholders (i.e. banks, institutional investors, portfolio managers, public, for-profit and nonprofit organizations and social enterprises) with opposing objectives and antagonistic assets in sourcing and channeling financial resources. This paper highlights the importance of adopting a multistakeholder approach when examining the financial ecosystem within which II intermediaries operate and collaborate achieve maximum social and environmental impact. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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