How do impact investors leverage non-financial strategies to create value An impact-oriented value framework

One of the ways to understand the success of impact investing firms is to examine how they add value to the social enterprises they invest. Did their investment boost social and/or environmental change? And what type of support, beyond financial capital, can they provide to enhance impact? Drawing o...

Descripción completa

Detalles Bibliográficos
Autores: Justo, Rachida, Nachyla, Pola
Tipo de recurso: artículo
Fecha de publicación:2023
País:España
Institución:IE
Repositorio:Repositorio IE
OAI Identifier:oai:repositorio.ie.edu:20.500.14417/3699
Acceso en línea:https://doi.org/10.1016/j.jbvi.2023.e00435
https://hdl.handle.net/20.500.14417/3699
Access Level:acceso abierto
Palabra clave:53 Ciencias Económicas
ODS 8 - Trabajo decente y crecimiento económico
Descripción
Sumario:One of the ways to understand the success of impact investing firms is to examine how they add value to the social enterprises they invest. Did their investment boost social and/or environmental change? And what type of support, beyond financial capital, can they provide to enhance impact? Drawing on a design-based methodology, we seek to address some of these questions by developing a tool called the Impact Oriented Value Framework. Putting impact at the centre of the funds' purpose, the framework provides actionable solutions to infuse impact into investors’ non-financial support strategies and activities, enhancing their additionality to portfolio companies as well as their contribution to the impact ecosystem.