Description
Book SynopsisCovering pertinent areas of sustainable and responsible investment (SRI) this forward-looking book examines SRI in developing markets including its evolution, principles and concepts. It explores the drivers and challenges in developing economies and analyses the theoretical underpinnings to critical issues pertaining to SRI.
This timely book investigates investment strategies and philosophies that attempt to incorporate environmental, social and governance (ESG) concerns into investment decision-making. In turn it provides an in-depth review of a number of different motivations for SRI, including: personal values and goals, institutional missions, and the demands of clients, constituents or plan participants. Sustainable and Responsible Investment in Developing Markets further defines how to integrate ESG issues into investment portfolios, looking to sustainable and responsible investors with a focus on financial performance, who believe in using these investments to promote ESG practices.
With a focus on sustainability in relation to business and investment, this expansive book will be a useful guide for finance, business, environment, geography and innovation students, and researchers, practitioners, and policymakers interested in understanding sustainable and responsible investment, specifically for developing countries.
Trade Review‘This edited book provides a rich and comprehensive examination of sustainable and responsible investment in developing countries. The book fills many gaps in existing books on investments in developing economies. I strongly recommend the book to everyone interested in responsible investments.’ -- Robert Lensink, University of Groningen, the Netherlands
‘This edited volume presents an excellent contribution to the emerging area of sustainable and responsible investment (SRI), especially as it focuses on developing countries. It is a useful resource for researchers, policymakers, international development agencies, practitioners and university students. It presents an encyclopedic coverage of the main issues on SRI. I am glad to endorse this book and recommend it to everyone interested in understanding SRI in developing economies.’ -- Victor Murinde, SOAS University of London, UK
‘At a time when issues pertaining to sustainable and ethical investment are assuming increasing global priority, this book could not be more relevant. Focusing on sustainable and responsible investment (SRI) in developing economies, the book fills a gap in the development and finance literatures with expert and incisive analysis of the relevance of SRI to sectors such as banking, insurance, energy, tourism and agriculture. It will prove to be an essential resource for investors and policymakers as well as everyone else who is concerned about how private investment can be aligned with environmental sustainability and social objectives. I strongly recommend it.’ -- Roy Sudharshan Canagarajah, World Bank
Table of ContentsContents: PART I OVERVIEW OF SUSTAINABLE AND RESPONSIBLE INVESTMENT 1 Introduction to Sustainable and Responsible Investment in Developing Markets 2 Joshua Yindenaba Abor PART II SUSTAINABLE AND RESPONSIBLE INVESTMENT: EVOLUTION, PRINCIPLES AND IMPACT 2 Evolution, principles and concepts of sustainable and responsible investment 12 Joshua Yindenaba Abor, Benjamin Agyeman and Mary Wamaitha 3 Drivers and challenges of sustainable and responsible investment in developing economies 36 Lordina Amoah, Dennis Venunye Hehetror, Richard Kotey and Olagunju Ashimolowo 4 Impact investing in developing markets 50 Zubeiru Salifu, Joshua Yindenaba Abor, Mabouba Diagne and Elizabeth Muthuma 5 Investing for impact on the African continent: an overview 73 Xolisa Dhlamini and Stephanie Giamporcaro PART III LONG-TERM RESPONSIBLE INVESTMENT, GOVERNANCE, FIDUCIARY CAPITALISM AND SUSTAINABLE DEVELOPMENT 6 Long-term responsible investment and corporate social responsibility 91 Paul Terna Gbahabo, Lwanga Elizabeth Nanziri and Tendayi Chapoto 7 Corporate governance and sustainability ethics in developing countries 115 George Nana Agyekum Donkor, Daniel Ofori-Sasu, Thankom Arun and Joshua Yindenaba Abor 8 The rise of fiduciary capitalism in developing countries 128 Michelle Filson and Joshua Yindenaba Abor 9 Sustainable development: conceptual and theoretical insights in the Global South 141 Asaah Sumaila Mohammed, Dede Woade Gafa and Raymond Aitibasa Atanga PART IV FINANCE AND SUSTAINABILITY 10 Sustainable financing in developing economies 159 Mumbi Maria Wachira, Khadijah Iddrisu, Gifty Abban and Joshua Yindenaba Abor 11 Environmental and climate finance in developing countries 172 Mawuena Akosua Cudjoe, Joshua Yindenaba Abor and Jako Volschenk 12 Sustainable banking in developing economies 190 Janet Talata Abor, Joshua Yindenaba Abor and Ahmad Hassan Ahmad 13 Sustainable risk financing and insurance in developing markets 204 Joshua Yindenaba Abor, Margaret Asare, Susana Yamoah, Gideon Ataraire and Abdul Latif Alhassan 14 Sustainable private equity and venture capital in developing economies 220 Elikplimi Komla Agbloyor, Isaac Kofi Bekoe and Joshua Yindenaba Abor 15 Crowdfunding and sustainable enterprises in developing markets 234 George Acheampong, Alex Akpabli and Joshua Yindenaba Abor PART V SECTOR-SPECIFIC SUSTAINABLE AND RESPONSIBLE INVESTMENT 16 Sustainable tourism in Africa 245 Kobby Mensah, Eunice Fay Amissah and Noel Nutsugah 17 Sustainable real estate investment and finance in developing economies: challenges and opportunities 262 Frank K. Ametefe, Precious A. Brenni and François Viruly 18 Sustainable and responsible agricultural investment in developing countries 285 Haruna Issahaku, Paul Kwame Nkegbe and Jeremiah Ogaga Ejemeyovwi 19 Sustainable and responsible mining investment in developing economies 304 Benjamin Nii Ayi Aryee, Hudson Mtegha and Michael Sandow Ali 20 Sustainable and responsible energy investment in developing economies 321 Benjamin Agyeman, Joshua Yindenaba Abor and Amin Karimu PART VI SUSTAINABLE AND RESPONSIBLE INVESTMENT PORTFOLIO CONSTRUCTION AND SUSTAINABLE VALUATION 21 Sustainable and responsible investment and asset selection 347 William Coffie, Vera Ogeh Fiador and Abacha Isa 22 Valuation of sustainable investment 363 Emmanuel Acheampong-Bonsu, Jackie Wolgast and Teddy Ossei Kwakye PART VII EMERGING TRENDS AND REGULATION OF SUSTAINABLE AND RESPONSIBLE INVESTMENT 23 COVID-19 pandemic and sustainable and responsible development: agenda for reform and prevention of another crisis 382 Michael Effah Asamoah, Emmanuel Joel Aikins Abakah and Lungile Ntsalaze 24 Regulation of sustainable and responsible investment in developing countries 396 Bright Kojo Tsikata, Lordina Amoah and Joshua Ogwal Index
