Transnational Legal Issues in Impact Investing : Regulating the Activities of Socially Orientated Enterprises

The article studies the existing and potential legal structures for facilitating impact finance investing. The first sections provide an introduction and background to relevant theories of the firm and motivations for adding non-financial concerns into a business's decision-making. The article then defines and distinguishes impact investing from grants and other forms of funding before identifying a gap for legal structures for impact investing transnationally. The second half of the article is focussed on describing and comparing existing legal structures that have been developed globally before concluding with some findings and remarks on the future direction of legal developments in the area