publication . Bachelor thesis . 2016

Development Finance Institutions’ Effect on The Fund Manager’s Investment Decisions : Balancing Financial Performance Goals and Development Impact Objectives

Adolfssson, Alexander; Åström, Marie;
Open Access English
  • Published: 01 Jan 2016
  • Publisher: Umeå universitet, Företagsekonomi
  • Country: Sweden
Abstract
Development Finance Institutions (DFIs) have played a crucial role in moving socially responsibility considerations up on the private equity industry’s agenda. DFIs add a development impact criterion to traditional financial performance goals in the investment industry and play a catalytic role by mobilizing other investors. The gap in research regarding DFIs implications and significance in the investment community from a SRI perspective is evident. The development impact objective introduced by the DFIs is examined to understand its effects on fund managers’ decision-making and if it exists a trade-off between this objective and financial performance. An under...
Subjects
free text keywords: DFI, Development Finance Institutions, MDFI, Multilateral Development Finance Institutions, SEE, SRI, Socially Responsible Invesments, CSR, NGO, SIDA, DEG, FM, SME, Multiplier Effect, Agent Theory, Stakeholder Theory, Qualitative, Subjectivism, Objectivism, Postitivsm, Intepretivism, Investment Behavior, Standard Asset Pricing Model, ESG, Sin Industries, Principle-agent Theory, Positivist Agent Thoery, Agent Conflict, Incentives, Investment Behvaior, Optimal contracts, Descriptive Stakeholder Thoery, Convergent Stakeholder Theory, Stakeholder, Shareholder, Financial Performance, Development Impact, Hands-off model, Direct-involvement model, Affirmative Behavior, Aviodance Behavior, Tripple Bottom Line, Agent, Principle, Control, Fund Manager, Business Administration, Företagsekonomi
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