Abstract
The concept of "impact investment" is relatively new to the world of finance. Research into the industry has not kept pace with the enthusiasm of practitioners, despite the fact that the amount of money poured into impact investing has expanded considerably over the previous few years. The present level of information and study in this area suggests this might have unfavorable outcomes in the long run. Deep analysis of the impact investing process. This analysis prioritizes four distinct aspects. The study's longitudinal perspective on the field's shift from the pre-paradigm to the post-paradigm stage of permissible scientific research is a valuable addition. This shift is shown by the increased volume of empirical research carried out in recent years. Two, impact investing is not the same as traditional financing in six key respects. These include the social and corporate outcomes, the reporting of those outcomes, the involvement of government, and the total amount spent. Thirdly, it demonstrates that much of the field's prior research was exploratory in nature. The first confirmatory studies on the issue just appeared in the last few years. The investigations used either single or several case studies, in addition to pre-existing databanks. In addition, the field has to go further into concepts like selection, stakeholder management, opportunity discovery, and performance reporting if it is to develop and expand in useful knowledge.
Keywords
Systematic Review; Impact Investment; Behavior Finance
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