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Contemporary Issues in Sustainable Finance

Exploring Performance, Impact Measurement and Financial Inclusion

Palgrave Macmillan
  • Addresses two key perspectives: measurement and performance and products and business models
  • Examines the relationship between business models and non-financial impact, both environmental and social
  • Focuses on the gender gap

Part of the book series: Palgrave Studies in Impact Finance (SIF)

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Table of contents (11 chapters)

  1. Front Matter

    Pages i-xxii
  2. Introduction

    • Mario La Torre, Sabrina Leo
    Pages 1-5
  3. Correction to: Collaboration or Community? The Impact of the Institutional Forces in Promoting Social Crowdfunding

    • Antonio Minguzzi, Michele Modina, Stefano Filomeni, Marilena Bredice
    Pages C1-C1
  4. Measurement

    1. Front Matter

      Pages 7-7
    2. Impact Investments Measurement: Bridging Research and Practice

      • Eugenia Strano, Alessandro Rizzello, Annarita Trotta
      Pages 33-60
    3. ESG Ratings, Scores, and Opinions: The State of the Art in Literature

      • Mario La Torre, Mavie Cardi, Sabrina Leo, Jacopo Schettini Gherardini
      Pages 61-102
  5. Performance

    1. Front Matter

      Pages 103-103
    2. Corporate Financial Performance and ESG Performance: Which One Leads European Banks?

      • Mario La Torre, Sabrina Leo, Ida Claudia Panetta
      Pages 105-137
    3. Is Performance the Key Issue in SRI Funds? Conclusion and Lessons Learned from Three Decades of Studies

      • Susana Martínez Meyers, Maria Jesús Muñoz Torres, Idoya Ferrero Ferrero
      Pages 139-170
    4. The Financial Side of the Social Impact Bond: The Determinants of the Returns

      • Rachele Hyerace, Maria Mazzuca, Sabrina Ruberto
      Pages 171-186
    5. Catastrophe Bonds: A Mitigation Opportunity in Turmoil Period

      • Massimo Mariani, Alessandra Caragnano, Francesco D’Ercole, Raffaele Didonato, Domenico Frascati
      Pages 187-228
  6. Financial Inclusion

    1. Front Matter

      Pages 229-229
    2. Collaboration or Community? The Impact of the Institutional Forces in Promoting Social Crowdfunding

      • Antonio Minguzzi, Michele Modina, Stefano Filomeni, Marilena Bredice
      Pages 231-257
    3. Financial Inclusion and the Gender Gap Across Islamic and Non-Islamic Countries

      • Latifah Baeshen, Claudia Girardone, Anna Sarkisyan
      Pages 259-283
  7. Back Matter

    Pages 285-294

About this book

The notion of sustainable development is applied to financial activities through sustainable finance. As a result, sustainable finance attempts to produce long-term value by allocating capital to projects that, in addition to providing economic benefits, are furthermore beneficial to society and do not burden the environment.

This book sheds light on contemporary challenges in sustainable finance, addressing two key perspectives: measurement and performance, and products and business models. In particular, the volume examines theoretically and empirically the relations between business models and non-financial impact, both environmental and social; as for the social goals, a special focus of the book is dedicated to the gender gap.

Editors and Affiliations

  • Management Department, Sapienza University of Rome, Rome, Italy

    Mario La Torre, Sabrina Leo

About the editors

Mario La Torre is currently full professor in Banking and Finance at the Department of Management, Sapienza University of Rome, Italy. Mario does research in Banking, Financial Intermediaries and Financial Markets, Impact Finance and Ethical Finance, and Finance for Culture and Media Industry. He is the author and co-author of many international books and papers and is the editor of the series Palgrave Studies in Impact Finance. Mario is Responsible for the Center for Positive Finance and has promoted the University Alliance for Positive Finance; he is the author of the Blog "Good in Finance".

Sabrina Leo is a Tenure Track Assistant Professor at the Sapienza University of Rome, Italy. She is a Lecturer in Bank accounts strategies and performance and Digital Banking and Economics of Financial Intermediaries. Her primary areas of research are related to traditional topics and innovative ones. The first is related to the banking and financial market, credit management policies and financial intermediaries, the regulation of non-bank financial intermediaries. The second looks at DLT, Digital Payments, IT Governance in banks, Microfinance, Impact and Sustainable Banking, Social Impact Finance, Audio-visual, and Art Finance. More recently, she has been focusing on innovation in the payment system and the impact of technologies in the financial system. She is the author and co-author of many international papers, and co-author of national books. She is a Research Fellow of D€A – Digital Euro Association. She was a Scientific Observer of the Italian Advisory Board at the G8 Task Force on Social Impact Investments.

Bibliographic Information

  • Book Title: Contemporary Issues in Sustainable Finance

  • Book Subtitle: Exploring Performance, Impact Measurement and Financial Inclusion

  • Editors: Mario La Torre, Sabrina Leo

  • Series Title: Palgrave Studies in Impact Finance

  • DOI: https://doi.org/10.1007/978-3-031-22539-0

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023

  • Hardcover ISBN: 978-3-031-22538-3Published: 03 February 2023

  • Softcover ISBN: 978-3-031-22541-3Published: 03 February 2024

  • eBook ISBN: 978-3-031-22539-0Published: 02 February 2023

  • Series ISSN: 2662-5105

  • Series E-ISSN: 2662-5113

  • Edition Number: 1

  • Number of Pages: XXII, 294

  • Number of Illustrations: 9 b/w illustrations, 21 illustrations in colour

  • Topics: Financial Services, Development Economics, Sustainable Development

Buy it now

Buying options

eBook USD 139.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 179.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 179.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access