Accounting Infrastructures and the Negotiation of Social and Economic Returns Under Financialisation: the Case of Impact Investing

This article examines accounting infrastructures shaping impact investing, analysing how financial practices mediate between social and economic objectives. It explores the tensions in balancing measurable returns and social value, emphasizing the sociological and institutional implications of impact metrics. The paper argues that social values in impact investing emerge from stakeholder interplay, making accounting tools sites of political negotiation with both emancipatory and exploitative potential, deepening understanding of financialisation's social dynamics.