Contents: Introduction to a research agenda for social finance / Othmar M. Lehner -- 1. Exploring impact investing's emergence in the philanthropic sector / Jessica Jones and Elizabeth Embry -- 2. A ladder to nowhere? A research agenda for funding social enterprise / J. Howard Kucher -- 3....

In this paper, we investigate whether capital structure differs between for-profit and nonprofit sectors by focusing on two key aspects of the latter: the non-distribution constraint and the stakeholder oriented governance system. We develop a theoretical model and show that the former...

Cover Page -- Title Page -- Copyright Page -- Contents -- List of Figures -- List of Tables -- Notes on Contributors -- Foreword -- Acknowledgements -- List of Abbreviations -- Introduction -- PART I: FINANCING THE THIRD SECTOR -- Overview of Part I: Financing the Third Sector -- Chapter 1 The...