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Journal of Business Ethics

Erschienen in:

26.07.2022 | Original Paper

Defining and Conceptualizing Impact Investing: Attractive Nuisance or Catalyst?

verfasst von: Kai Hockerts, Lisa Hehenberger, Stefan Schaltegger, Vanina Farber

Erschienen in: Journal of Business Ethics | Ausgabe 4/2022

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Abstract

This introduction to the special issue on impact investing applies the attractive nuisance notion to impact investing. Social sector actors ‘trespassing’ on the playing field of conventional investment markets may not appreciate the risks. We apply the framework of essentially contested concepts to foster fruitful diverse research in this emerging research field. We advance six dimensions (intentionality, additionality, contribution, materiality, measurability and attribution), which we propose allow to describe different sub-clusters of how the term is used in research and practice. For each dimension we identify risks and opportunities stemming from the contested nature and highlight an ambitious research agenda for how future business ethics scholars can help address and foster impact investing. We conclude by illustrating how the papers in this special issue address these challenges.

Nächster Artikel Who Has a Seat at the Table in Impact Investing? Addressing Inequality by Giving Voice

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Titel: Defining and Conceptualizing Impact Investing: Attractive Nuisance or Catalyst?
verfasst von: Kai Hockerts
Lisa Hehenberger
Stefan Schaltegger
Vanina Farber
Publikationsdatum: 26.07.2022
Verlag: Springer Netherlands
Erschienen in: Journal of Business Ethics / Ausgabe 4/2022
Print ISSN: 0167-4544
Elektronische ISSN: 1573-0697
DOI: https://doi.org/10.1007/s10551-022-05157-3

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Weitere Artikel der Ausgabe 4/2022

Blended Social Impact Investment Transactions: Why Are They So Complex?

Who Has a Seat at the Table in Impact Investing? Addressing Inequality by Giving Voice

Trying to Serve Two Masters is Easy, Compared to Three: Identity Multiplicity Work by Christian Impact Investors

Arenas of Contestation: A Senian Social Justice Perspective on the Nature of Materiality in Impact Measurement

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