Slow money in an age of fiduciary capitalism
Arvind Ashta () and
Ecological Economics, 2015, vol. 116, issue C, 322-329
In the era of fiduciary capitalism, investors have begun fulfilling non-financial goals in order to address the concerns of a broader range of stakeholders. Socially responsible investors – who were part of fringe movements headed by non-profit organizations – have emerged as powerful fiduciaries with a strong focus on triple-bottom line based outcomes. The slow money movement, which has been spear-headed by non-profits in the developed world, places a strong emphasis on making capital circulate locally, especially within agricultural communities. Slow money investors across the US, some of whom are private investment funds and community development financial institutions, are striving to generate triple-bottom line based outcomes.
Keywords: Slow money; Fiduciary capitalism; Socially responsible investment (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:116:y:2015:i:c:p:322-329
Access Statistics for this article
Ecological Economics is currently edited by C. J. Cleveland
More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Nithya Sathishkumar ().