Позитивные изменения. Том 2, № 2 (2022). Positive changes. Volume 2, Issue 2 (2022)

In this article, the researchers review various actions stimulating investment in the social sphere, given the need to fight the consequences of the COVID-19 crisis and to maintain fiscal balance of the constituent entities of the Russian Federation. Regional development is analyzed by the tax potential index. The study highlights the advantage of the "Territory of Advanced Social and Economic Development" legal regime and the "Far Eastern concession" model to stimulate investment in social infrastructure projects. The authors reason that new instruments of debt financing — ESG-bonds, municipal and infrastructure bonds, crowdfunding, preferential budget lending — contribute to the growth of social investment projects, taking into account the assessment of regional sectoral risks, regulation and stimulating fiscal policy.

https://clck.ru/ia7jv

EVALUATION IN IMPACT INVESTING: WHERE WE ARE AND WHERE WE ARE GOING, CHAPTER IN THE BOOK "HANDBOOK OF RESEARCH ON GLOBAL ASPECTS OF SUSTAINABLE FINANCE IN TIMES OF CRISES" 2022, IGI Global

Eugenia Strano, Alessandro Rizzello and Annarita Trotta

The emergence of impact investing over the past decade has been accompanied by an increased interest of practitioners and scholars in the impact evaluation topic, one of the twofold pillars of the such an innovative financial approach. To contribute to the international debate, this study adopts a qualitative approach by obtaining results from a systematic literature review of extant research. This is useful to 1) identify the current existing impact evaluation approaches adopted in the field and 2) derive an empirical analysis in the impact investing sector with a focus on impact measurement in social impact bonds. The study opens interesting insights into recognizing the potential for the whole impact investing field, deriving both from theory and evidence of impact evaluation practices.

https://clck.ru/iYh5v

INFLUENCE OF MODERN "BUSINESS SOCIALIZATION" CONCEPTS ON COMPANIES' STRATEGIES

2022, Chelyabinsk State University Newsletter. E. V. Kozlova

More and more companies today take into account the environmental and social impact of their operations, while developing their strategies. Tightening environmental and social development requirements force companies to consider these in their development strategies and programs. Contemporary approaches to evaluating the effectiveness of sustainability projects tend to focus on measuring quantitative indicators (the number of activities carried out or the amounts invested), rather than on qualitative indicators (assessing the effectiveness of their impact on the environment). Despite widespread implementation of the sustainable development principles, there is still no unified evaluation methodology that would allow companies to measure their effectiveness and conduct comparative analysis within the country, industry or between individual enterprises. Increased public and stakeholder attention to corporate social responsibility results in the spread of negative phenomena such as impact washing.

https://clck.ru/iZt2P

BEHAVIOR CHANGE IN IMPACT INVESTING

2022, University of Michigan. Laura Dyer, Max Berry, Nathan Lohrmann, Max Odena