Social Impact Investing: a Model and Research Agenda

This chapter provides a comprehensive review and proposes a research agenda for social impact investing (SII). It analyses existing definitions, financial vehicles like social impact bonds and funds, and the evolving empirical studies in the field. The authors highlight the fragmented nature of current knowledge and aim to synthesize different perspectives to offer new insights into SII. The piece also discusses the tensions and complexities involved in combining social and financial objectives within this investment paradigm.