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From Fiduciary Duty to Impact Fidelity: Managerial Compensation in Impact Investing
Authors:Thirion  Isaline  Reichert  Patrick  Xhauflair  Virginie  De Jonck  Jonathan
Institution:1.HEC Ecole de Gestion, Université de Liège, Liège, Belgium
;2.elea Center for Social Innovation, IMD, Lausanne, Switzerland
;3.HEC Ecole de Gestion, Université de Liège, Liège, Belgium
;4.Telos Impact & Solvay, Brussels, Belgium
;
Abstract:Journal of Business Ethics - Investors with standard monetary preferences will give a fund manager incentives to increase firm profits, which can be achieved through a share in profits via carried...
Keywords:
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