Hardback
Sustainable and Responsible Investment in Developing Markets
A Companion
9781803927053 Edward Elgar Publishing
Covering 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.
More Information
Critical Acclaim
Contributors
Contents
More Information
Covering 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.
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.
Critical Acclaim
‘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
– 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
Contributors
Contributors: Emmanuel Joel Aikins Abakah, Gifty Abban, Janet Talata Abor, Joshua Yindenaba Abor, George Acheampong, Emmanuel Acheampong-Bonsu, Elikplimi Komla Agbloyor, Benjamin Agyeman, Ahmad Hassan Ahmad, Alex Akpabli, Abdul Latif Alhassan, Michael Sandow Ali, Frank K. Ametefe, Eunice Fay Amissah, Lordina Amoah, Thankom Arun, Benjamin Nii Ayi Aryee, Michael Effah Asamoah, Margaret Asare, Raymond Aitibasa Atanga, Gideon Ataraire, Isaac Kofi Bekoe, Precious A. Brenni, Tendayi Chapoto, William Coffie, Mawuena Akosua Cudjoe, Xolisa Dhlamini, Mabouba Diagne, George Nana Agyekum Donkor, Jeremiah Ogaga Ejemeyovwi, Vera Ogeh Fiador, Michelle Filson, Dede Woade Gafa, Paul Terna Gbahabo, Stephanie Giamporcaro, Dennis Venunye Hehetror, Khadijah Iddrisu, Abacha Isa, Haruna Issahaku, Amin Karimu, Richard Kotey, Teddy Ossei Kwakye, Kobby Mensah, Asaah Sumaila Mohammed, Hudson Mtegha, Elizabeth Muthuma, Lwanga Elizabeth Nanziri, Paul Kwame Nkegbe, Lungile Ntsalaze, Noel Nutsugah, Daniel Ofori-Sasu, Joshua Ogwal, Zubeiru Salifu, Bright Kojo Tsikata, François Viruly, Jako Volschenk, Mumbi Maria Wachira, Mary Wamaitha, Jackie Wolgast, Susana Yamoah
Contents
Contents:
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
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
