Impact Investing: a Theory of Financing Social Enterprises

  • January 2019
  • Case Study
  • Publisher : Harvard Business School
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This paper develops a theory for financing social enterprises through impact investing. It analyses how impact investors and philanthropists can structure investments to achieve both financial returns and desired social outcomes. The study explores the dynamics of capital allocation in the context of sustainability, providing a theoretical framework for understanding the unique investment decisions in the social enterprise sector.

Author(s) :

Benjamin N. Roth

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Key topics

Innovative Finance/ Blended Finance

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