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2023 | OriginalPaper | Buchkapitel

2. How to Scale Impact Measurement? Evaluating the Application of the Synthetic Control Method in Impact Measurement

verfasst von : Sina Sauer, Rahel Becker, Volker Then

Erschienen in: Contemporary Issues in Sustainable Finance

Verlag: Springer International Publishing

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Abstract

The spread of impact investments from a niche field into the mainstream financial market raises new demands on impact measurement. Instead of evaluating single interventions, impact investors increasingly aim at rating large portfolios of enterprises based on comprehensive impact considerations. Thus, it is necessary to scale impact measurement and enable a large-scale quantitative and data-based impact assessment. Therefore, this paper transfers the synthetic control method, developed by Abadie & Gardeazabal (2003), into the field of impact investing, by evaluating the prerequisites for its implementation as well as discussing possible applications to a large universe of companies and a broad range of asset classes. This approach might represent a first step in developing a measurement framework for a large impact investing market, applicable in research as well as in practice.

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Vorheriges Kapitel Correction to: Collaboration or Community? The Impact of the Institutional Forces in Promoting Social Crowdfunding

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Titel: How to Scale Impact Measurement? Evaluating the Application of the Synthetic Control Method in Impact Measurement
verfasst von: Sina Sauer
Rahel Becker
Volker Then
Verlag: Springer International Publishing
Buch: Contemporary Issues in Sustainable Finance
Print ISBN: 978-3-031-22538-3

Electronic ISBN: 978-3-031-22539-0

Copyright-Jahr: 2023
DOI: https://doi.org/10.1007/978-3-031-22539-0_2

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