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Investissement d’impact

Thomas Lagoarde-Segot
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Thomas Lagoarde-Segot: Kedge Business School [Talence]

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Abstract: This article analyzes the implications of the development of impact investment on research in finance. It discusses the social implications of this type of allocation and analyzes it through the lens of agency theory to reveal an epistemological dissonance. The article presents two research initiatives aimed at overcoming these difficulties: one based on including interdependent functions of utility in finance and the other on the adoption of a subjectivist position.

Keywords: Finance; sustainability; epistemology; impact; social implication; soutenabilité; épistémologie; implication sociétale (search for similar items in EconPapers)
Date: 2018-01-03
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Published in Entreprise & société, 2018, 2017 - 2 (n° 2), pp.155-174. ⟨10.15122/isbn.978-2-406-07390-1.p.0155⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01688327

DOI: 10.15122/isbn.978-2-406-07390-1.p.0155

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