Microfinance Investment Vehicles: How Far Are They from OECD Social Impact Investment Definition?

Mario Torre and Helen Chiappini ()
Additional contact information
Mario Torre: Sapienza University of Rome
Helen Chiappini: Sapienza University of Rome

Chapter 7 in Bank Funding, Financial Instruments and Decision-Making in the Banking Industry, 2016, pp 145-191 from Palgrave Macmillan

Abstract: Abstract Social Impact Investment (SII) is high on the international agenda. Nevertheless, only recently have some international organizations tried to clearly define the boundaries of SIIs. Existing data shows that microfinance is one of the major developed branches. The aim of this study is to investigate if microfinance investment vehicles (MIVs), listed on the market and identified as “impact investment” through registration in the Global Impact Investment Network (GIIN) or through the publication of an impact report, are compliant with the new definition of SIIs suggested by the Organization for Economic Cooperation and Development (OECD, Social impact investment. Building the evidence base. Paris. Available at: http://www.oecd.org/sti/ind/social-impact-investment.pdf . Accessed 18 Feb 2015). The methodology applied is content analysis. Findings demonstrate that there is still much to do in order to “mind the gap” between MIVs management approach and the OECD definition.

Keywords: Financial Service; Social Impact; Investor Intent; Social Intent; Microfinance Institution (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (3)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-319-30701-5_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9783319307015

DOI: 10.1007/978-3-319-30701-5_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().