Year 2018, Volume 5, Issue 4, Pages 385 - 394 2018-12-30

SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE
SOSYAL SORUMLU YATIRIMDAN ETKİ YATIRIMLARINA: SOSYAL FİNANSTA GÜNCEL GELİŞMELER

Narman Kuzucu [1]

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Purpose - Socially responsible finance has emerged as a growing area of interest. In this study, the objective is to define the conceptual framework of socially responsible investing and impact investments and to discuss the recent approaches which have become prominent.

Methodology – We discussed the current literature by reviewing published academic studies and practitioners’ reports.

Findings- We determined that various non-governmental organizations and international organizations endeavored to promote the development of socially responsible investing globally. While the conceptual framework has been growing recently, measuring social impact has been the area in which the most important developments have been seen.

Conclusion- A perception, that prioritizes social impact, sustainability and corporate governance rather than individual benefit, has been advancing theoretically and practically. Concordantly, new approaches should be designed; new financial instruments, which address various social needs, should be innovated. Moreover, new regulations should be adopted. It is promising that a financial model, which pursues the whole society’s benefit and cares about sustainability issues such as environment, is progressing.

Amaç- Sosyal sorumlu finans, gittikçe büyüyen bir ilginin olduğu alan olarak karşımıza çıkmaktadır. Bu çalışmada, halen hızlı bir gelişim içerisinde olan sosyal sorumlu yatırımlar ve etki yatırımlarının kavramsal çerçevesini ortaya koymak, bu alanlarda öne çıkan güncel yaklaşımları tartışmak amaçlanmıştır.

Yöntem- Güncel bir literatür taraması yapılarak, ilgili alanda yayınlanmış akademik çalışmalar ve uygulamacı raporları incelenmiştir.

Bulgular- Sosyal sorumlu yatırımların gelişimine öncülük etmek için pek çok sivil kuruluşla birlikte, çeşitli uluslararası örgütlerin küresel düzeyde çalışmalar yaptığı belirlenmiştir. Yakın zamanda kavramsal çerçeve gelişirken, en çok gelişmelerin olduğu alan, sosyal etkinin ölçülmesi metodolojisi olmuştur.

Sonuç- Bireysel faydadan ziyade, toplumsal etki, sürdürülebilirlik ve kurumsal yönetişimi önceleyen bir finansal anlayışın hem teorik alanda hem de uygulamada gelişmekte olduğu görülmektedir. Buna paralel olarak, farklı sosyal ihtiyaçlara hitap eden yeni yaklaşımların ve yeni finansal araçların tasarlanmasına, düzenlemelerin geliştirilmesine ihtiyaç vardır. Tüm toplumun faydasını gözeten, çevre gibi sürdürülebilirlik konularında duyarlılık gösteren bir finans ve yatırım modelinin gelişmesi gelecek vadetmektedir.

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Primary Language en
Subjects Social
Journal Section Articles
Authors

Orcid: 0000-0003-2265-6492
Author: Narman Kuzucu (Primary Author)

Dates

Publication Date: December 30, 2018

Bibtex @research article { jefa506061, journal = {Journal of Economics Finance and Accounting}, issn = {}, eissn = {2148-6697}, address = {PressAcademia}, year = {2018}, volume = {5}, pages = {385 - 394}, doi = {10.17261/Pressacademia.2018.1005}, title = {SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE}, key = {cite}, author = {Kuzucu, Narman} }
APA Kuzucu, N . (2018). SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE. Journal of Economics Finance and Accounting, 5 (4), 385-394. DOI: 10.17261/Pressacademia.2018.1005
MLA Kuzucu, N . "SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE". Journal of Economics Finance and Accounting 5 (2018): 385-394 <http://dergipark.org.tr/jefa/issue/42046/506061>
Chicago Kuzucu, N . "SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE". Journal of Economics Finance and Accounting 5 (2018): 385-394
RIS TY - JOUR T1 - SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE AU - Narman Kuzucu Y1 - 2018 PY - 2018 N1 - doi: 10.17261/Pressacademia.2018.1005 DO - 10.17261/Pressacademia.2018.1005 T2 - Journal of Economics Finance and Accounting JF - Journal JO - JOR SP - 385 EP - 394 VL - 5 IS - 4 SN - -2148-6697 M3 - doi: 10.17261/Pressacademia.2018.1005 UR - https://doi.org/10.17261/Pressacademia.2018.1005 Y2 - 2018 ER -
EndNote %0 Journal of Economics Finance and Accounting SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE %A Narman Kuzucu %T SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE %D 2018 %J Journal of Economics Finance and Accounting %P -2148-6697 %V 5 %N 4 %R doi: 10.17261/Pressacademia.2018.1005 %U 10.17261/Pressacademia.2018.1005
ISNAD Kuzucu, Narman . "SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE". Journal of Economics Finance and Accounting 5 / 4 (December 2019): 385-394. https://doi.org/10.17261/Pressacademia.2018.1005
AMA Kuzucu N . SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE. JEFA. 2018; 5(4): 385-394.
Vancouver Kuzucu N . SOCIALLY RESPONSIBLE INVESTING TOWARDS IMPACT INVESTMENTS: RECENT DEVELOPMENTS IN SOCIAL FINANCE. Journal of Economics Finance and Accounting. 2018; 5(4): 394-385.