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Micro-equity for sustainable development: Selection, monitoring and exit strategies of micro-angels

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  • Estapé-Dubreuil, Glòria
  • Ashta, Arvind
  • Hédou, Jean-Pierre

Abstract

Sustainable development requires balancing environmental, social and financial concerns. This requires investors to select and monitor entrepreneurs who would balance these triple concerns. At the same time, there has been considerable attention to “small is beautiful” and micro-investors have stepped in to look for such eco-entrepreneurs. To the classical institutional logic of economic returns, they add the logic of social returns as well as the logic of environmental and local safeguards.

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  • Estapé-Dubreuil, Glòria & Ashta, Arvind & Hédou, Jean-Pierre, 2016. "Micro-equity for sustainable development: Selection, monitoring and exit strategies of micro-angels," Ecological Economics, Elsevier, vol. 130(C), pages 117-129.
    • Handle: RePEc:eee:ecolec:v:130:y:2016:i:c:p:117-129
    DOI: 10.1016/j.ecolecon.2016.06.021
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    2. Arnaud Z. Dragicevic & Jason F. Shogren, 2017. "Sustainability Narrowness," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 20(06n07), pages 1-21, September.
    3. Surender Mor & Sonu Madan & Geoffrey R. Archer & Arvind Ashta, 2020. "Survival of the Smallest: A Study of Microenterprises in Haryana, India," Millennial Asia, , vol. 11(1), pages 54-78, April.
    4. Dezhi Chen & Ningning You & Feng Lv, 2019. "Study on Sharing Characteristics and Sustainable Development Performance: Mediating Role of the Ecosystem Strategy," Sustainability, MDPI, vol. 11(23), pages 1-20, December.

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