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.
CLIL theme: 3312 -- SCIENCES ÉCONOMIQUES -- Économie publique, économie du travail et inégalités
ISBN:978-2-406-07390-1
EAN:9782406073901
ISSN: 2554-9626
DOI: 10.15122/isbn.978-2-406-07390-1.p.0155
Publisher: Classiques Garnier
Online publication: 12-22-2017
Periodicity: Biannual
Language: French
Keyword: Finance, sustainability, epistemology, impact, social implication