Available open access digitally under CC-BY-NC-ND licence.
A new trend in ethical finance, impact investing aims to generate positive social or environmental impacts alongside financial returns. But what does it really mean and how is it practiced across different regions and organizations?
This volume explores the malleability of impact investing and how it overlaps with the development sphere to give finance a new role. From global networks to the Global South, it compares diverse investing practices and discourses.
Providing an original perspective on this emerging field, this is a key resource for the scholars of social studies of finance, economic sociology, management and organization studies.
Recenzijas
Social scientists need to analyze problems with a critical mind. Only then can we inspire change. I recommend academics, practitioners and policymakers interested in impact investing to read this book! Lisa Hehenberger, ESADE Business School Barcelona As claims made for finances role to contribute to public goods continue to grow, this collection of detailed case studies critically interrogates the impact investing label, affording nuanced insights into this contradictory and still-emerging field.' Marc Andrew Brightman, University of Bologna
1. Introduction: Labelling and Enacting Impact Investing across Contexts
- Philip Balsiger, Daniel Burnier and Noé Kabouche
Part 1: Translating the Impact Label into National and Transnational
Contexts
2. Impact Investing and Philanthropy in the Global South: Innovative Finance
at the Aga Khan Development Network - Farwa Sial and Jessica Sklair
3. Socio-genesis of the Impact Investing World in France - Eve Chiapello and
Camille Roth
4. Capitalizing on Capitalism: How Impact Investing in Geneva Emerged among
the Traditional Financial Field - Noé Kabouche
5. Impact Investing and the Politics of Leverage: Towards a Meso-level
Perspective on Derisking - Philipp Golka
6. Social Impact Investing in Italy: A Case of Weak Financialization of
Welfare? - Davide Caselli
7. Balancing Risks and Outcomes in Colombias First Social Impact Bond:
Empleando Futuro - Natalia Gómez Muńoz
Part 2: Enacting Impact in Investment Practices
8. Implementing Impact in Rural Ghana: Negotiating Meanings and Shifting
Interpretations - Claudia Campisano
9. Relational Work and Power in an Emerging Market: Local Understandings of
Impact Investing in Nigeria - Elena Christodoulou and Shonali Banerjee
10. The Impact of Ignorance: Sustaining Impact Investings Fictional
Expectations - Daniel Burnier
11. Conclusion: Towards a Theorization of Varieties of Impact Investing -
Emily Barman
Philip Balsiger is Professor of Economic Sociology at the University of Neuchatel, Switzerland.
Daniel Burnier Lecturer at the University of Neuchātel, Switzerland.
Noé Kabouche is a postdoctoral researcher in Sociology at the Ecole Normale Supérieure, France.
