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Social impact investments as a tool for funding social enterprises

Treść / Zawartość
Identyfikatory
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Purpose: Social impact investments are essential to support and promote social entrepreneurship development. This article aims to identify the factors that could develop the local impact investment market in Sri Lanka as a tool for funding social enterprises. Design/methodology/approach: The methods of research are an analysis of scientific literature, experts’ interviews, and generalization. Findings: In order to accelerate the impact investment as a tool of funding, the impact investors, social enterprises, government and society must work collectively. Necessary social, cultural, and policy changes should be carried out, and specific recommendations have been made accordingly. Originality/value: This research study is essential in terms of sustaining and promoting impact investments in Sri Lanka as a tool of funding social enterprises and developing the ecosystem.
Rocznik
Tom
Strony
691--710
Opis fizyczny
Bibliogr. 23 poz.
Twórcy
  • Tallinn University, School Of Governance, Law And Society
  • Tallinn University, School Of Governance, Law And Society
Bibliografia
  • 1. Allman, K., & Nogales, X.E.D. (2015). Impact Investment, A Practical Guide to Investment Process and Social Impact Analysis. Hoboken, New Jersey: John Wiley & Sons, Inc.
  • 2. Amaradiwakara, A.U., Gunatilake, M.M. (2016). Factors Affecting Growth of Small and Medium Enterprises in Sri Lanka. Journal of Business & Economic Policy, Vol. 3, pp. 62-71.
  • 3. Barclays (2018). Investor motivations for impact: A behavioural examination. Barclays Bank UK PLC, IBIM8354.
  • 4. British Council (2018). The State of Social Enterprises in Sri Lanka. Colombo, Sri Lanka: British Council.
  • 5. Bugg-Levine, A., Emerson, J. (2011). Impact investing: Transforming how we make money while making a difference. San Francisco: Jossey-Bass.
  • 6. Bugg-Levine, A., Kogut, B., & Kulatilaka, N. (2012). A New Approach to Funding Social Enterprises. Harvard Business Review, January-February.
  • 7. Cohen, R., & Bannick, M. (2014). Is Social Impact Investing The Next Venture Capital? Forbes.com, Available at: http://onforb.es/1tFmwxF, 22.03.2020.
  • 8. Finkelman, J., & Huntington, K. (2017). Impact Investing History and Opportunities. Athena Capital Advisors LLC: Lincoln-Massachusetts, America.
  • 9. FT (2019). The Individual Imperative: Retail Impact Investing Uncovered. Longitude, and FT Group company.
  • 10. GIIN (2015). The Landscape For Impact Investing In South Asia.
  • 11. GIIN (2019). Annual Impact Investor Survey. Global Impact Investing Network.
  • 12. GIIN (2009). Core Characteristics of Impact Investing. Global Impact Investing Network.
  • 13. GIIN (2018). Global Impact Investing Network. Roadmap for the Future of Impact Investing: Reshaping Financial Markets. Global Impact Investing Network.
  • 14. Gunawardena, L.H.T.K., and Mudalige, D.M. (2019). Factors Affecting For Growth Of The Social Enterprises In Western Province, Sri Lanka. Colombo, Sri Lanka: University of Moratuwa.
  • 15. IFC (2019). Creating Impact: The Promise of Impact Investing. Washington: International Finance Corporation.
  • 16. Jackson, E.T. (2012). Accelerating Impact. New York-USA: Rockefeller Foundation.
  • 17. Mavra, L. (2011). Growing social enterprise: research into social replication. A report from the Social Enterprise Coalition. London, UK.
  • 18. Monitor Institute (2009). Investing for Social and Environmental Impact. A Design for Catalyzing an Emerging Industry. The Monitor Institute.
  • 19. National Policy Framework (2016). Ministry of Industry and Commerce, Colombo, SL.
  • 20. Nishanthi, H. (2014). Analysis of Entrepreneurial traits of the Small Business Owners in Sri Lanka. International Journal of Scientific and Research Publications, Vol. 4, pp. 1-7.
  • 21. OECD (2019). Social Impact Investment 2019: The Impact Imperative For Sustainable Development. Paris: OECD Publishing.
  • 22. UNDP (2016). Financing Solutions for Sustainable Development.
  • 23. World Bank Group (2017). Social Enterprises ecosystems in South-Asian Association for Regional Cooperation Countries report. Washington, USA: The World Bank.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-4fca7573-803c-4753-96fc-31b18c76b31d
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