Originality/value – To the best of our knowledge, this is the first attempt to get insights on the impediments to a stronger focus on social performance by MIVs, with the application of a recognized framework from the Socially Responsible Investment (SRI) literature.
The author would like to thank the ALFI for funding and supporting this research, in particular Tomas Seale, Jean-Luc Neyens, and Laetitia Hamon who have greatly supported the project. The author would also like to thank LuxFlag for their help in contacting the participants to the study.
The author is also thankful to the organizers of the First CR3 Conference (April 2011, Helsinki) and to the convenors of the SRI stream for their useful insights on the first version of the paper, and to colleagues from the Center for European Research on Microfinance and from the Warocqué School of Business and Economics who also helped a lot with their comments and suggestions.
Finally, the author is grateful to the two anonymous reviewers for their useful input that made this publication possible.
Urgeghe, L. (2013), "The role of social performance in microfinance investment decisions", Institutional Investors’ Power to Change Corporate Behavior: International Perspectives (Critical Studies on Corporate Responsibility, Governance and Sustainability, Vol. 5), Emerald Group Publishing Limited, Bingley, pp. 309-337. https://doi.org/10.1108/S2043-9059(2013)0000005021
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