Impact Investing: When Social Benefits Are in the Contract

New Wharton research examines how contracts can be structured differently when investors are trying to make money and make the world a better place. For impact investors, there are two bottom lines, says Wharton Finance Professor David Musto: making money and making the world a better place. Katherine Klein, management professor and vice dean for the Wharton Social Impact Initiative, interviewed Musto about his latest research in the field. His forthcoming paper, “Contracts with Benefits: The Implementation of Impact Investing,” coauthored by Wharton Adjunct Finance Professor Christopher Geczy, Jessica Jeffers of the University of Chicago and Anne Tucker of Georgia State University, examines how social impact can be written into contracts when investors are looking to balance profits with social benefits. *[This feature was originally published by Knowledge@Wharton, a partner institution of Fair Observer.] The views expressed in this article are the author’s own and do not necessarily reflect Fair Observer’s editorial policy.

FO° Debate: Is the Focus on ESG a Good or Bad Thing?

June 05, 2023

An Inventor Now Seeks to Turn the Tables on Apple

May 16, 2023

The Great Balancing Game in the New World Order

May 14, 2023

The Latest 2023 US Intelligence Leak Is Dangerous

May 11, 2023

The Religious Roots of the Russia-Ukraine War

FO° Live: Ukraine, Climate Change and Polycrisis Implications for the Future

Is ChatGPT a Good or Bad Thing?

May 04, 2023

Are New Bank Bailouts Good or Bad Economic Policy?

May 02, 2023

FO° Explainers: What do Italians Think About Immigration

April 28, 2023

FO° Exclusive: Global Banking Turmoil

April 15, 2023

Fair Observer, 461 Harbor Blvd, Belmont, CA 94002, USA
-->