Dec 16, 2015
Wharton School Professors Address the Value of Social Impact Investing
Two professors from the University of Pennsylvania’s Wharton School recently published research debunking widely-held assumptions that social impact investing delivers low returns.
The study, entitled “Great Expectations: Mission Preservation and Financial Performance in Impact Investments,” was supervised by Professors David Musto, finance department chair, and Christopher Geczy, adjunct professor of finance and academic director of the Wharton Wealth Management Initiative and the Levy Equity Management Center. Their findings, which revealed that impact funds can indeed achieve a positive financial return, were published by the Wharton Social Impact Initiative (WSII). Continue reading…
