Impact investing and the fostering of business ventures' financial performance and social impact in disadvantaged urban areas

Impact investing and the fostering of business ventures' financial performance and social impact in disadvantaged urban areas

Caroline Flammer from Boston University (Associate Editor - Strategic Management Journal and Management Science) presented her research on 7 December 2021 entitled “Impact Investing and the Fostering of Business Ventures' Financial Performance and Social Impact in Disadvantaged Urban Areas”. 

Caroline examined whether impact investing is more effective in fostering business venture success and social impact when investments are directed toward ventures located in disadvantaged urban areas (that is, areas with high crime, unemployment, and poverty) compared to similar investments directed toward ventures located outside these areas. She explored this question in the context of loans made to business ventures in French “banlieues” vs. “non-banlieues.”