Contracts with Benefits: the Implementation of Impact Investing

  • 1 January 2018
  • Academic / Journal Article
  • Publisher : Journal of Financial Economics
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This article investigates the contractual structures and governance mechanisms employed in impact investing. It analyses how these contracts are designed to balance financial returns with social or environmental benefits, and the implications for policy and implementation. The authors delve into the specific terms and conditions that aim to align the interests of various stakeholders in impact investment deals, exploring how these agreements address the inherent complexities of achieving dual objectives.

Author(s) :

Christopher Geczy et al.

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Innovative Finance/ Blended Finance

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