Home > Development Management > Constructing the Double Circulation of Capital and “social Impact.” an Ethnographic Study of a French Impact Investment Fund

Constructing the Double Circulation of Capital and “social Impact.” an Ethnographic Study of a French Impact Investment Fund

1 January 2020
Academic / Journal Article
Publisher : Special Issue: Social Finance, Impact Investing, and the Financialisation of the Public Interest

16169

This ethnographic study explores how a French impact investment fund navigates the dual objectives of financial return and social impact, conceptualised as a “double circulation of capital and social impact.” It uses an ethnographic approach to analyse the practical ways impact investing operates, focusing on the construction and measurement of social value within a financial framework. The research sheds light on the inherent tensions and the mechanisms employed by fund managers in France to reconcile these often-antagonistic goals.

Author(s) :

Théo Bourgeron

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Key topics

Innovative Finance/ Blended Finance

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Financial Stewardship, Sustainability, & Accountability

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