37,956
Views
106
CrossRef citations to date
0
Altmetric
ARTICLES

Interrogating the theory of change: evaluating impact investing where it matters most

Pages 95-110 | Received 28 Feb 2012, Accepted 20 Dec 2012, Published online: 11 Apr 2013

References

  • Aziz , A. , Shams , M. and Khan , K. S. 2011 . Participatory Action Research as the Approach for Women's Empowerment . Action Research , 9 ( 3 ) : 303 – 323 . (doi:10.1177/1476750310396952)
  • Banerjee , A. V. and Duflo , E. 2011 . Poor Economics , New York : Public Affairs .
  • Bell , S. and Morse , S. 2012 . Sustainability Indicators: Measuring the Immeasurable? , 2 , London : Earthscan .
  • Bouri, A., C. J. Fonzi, S. Gelfand, A. Gromis, K. Lankester, G. Leung, K. McCarthy, et al. 2011a. Data Driven: A Performance Analysis for the Impact Investing Industry. New York: Impact Reporting and Investment Standards (IRIS), Global Impact Investing Network
  • Bouri , A. , Lankester , K. , Leung , G. , Meyer , M. , Pease , M. , Ragin , L. , Shah , S. and Lisak , M. 2011b . Improving Livelihoods, Removing Barriers: Investing for Impact in Mtanga Farms , New York : Global Impact Investing Network .
  • Brandenburg, M., and E. T. Jackson. 2012. “Impact Investing: Building an Industry.” Presented to the Workshop entitled Impact Investing: Policy Framework in Africa, The Rockefeller Foundation, Nairobi
  • Bugg-Levine , A. and Emerson , J. 2011 . Impact Investing: Transforming How We Make Money While Making a Difference , Hoboken : Jossey-Bass .
  • Burrell , J . 2012 . On the Overuse of Randomized Controlled Trials in the Aid Sector . Global Policy Journal , October 30: 1. Accessed December 7, 2012. http://www.globalpolicyjournal.com/blog/30/10/2012/overuse-randomized-controlled-trials-aid-sector
  • Canadian International Development Agency . 2006 . Guide to Organizational Assessment Gatineau: Canadian International Development Agency
  • Carden , F . 2009 . Knowledge to Policy: Making the Most of Development Research , Ottawa : International Development Research Centre .
  • Davies , R. and Dart , J. 2005 . The ‘Most Significant Change’ Technique: A Guide to Its Use , eBook, Cambridge, UK : s.n .
  • Freireich , J. and Fulton , K. 2009 . Investing for Social and Environmental Impact , New York/Cambridge/San Francisco : Monitor Institute .
  • Funnell , S. C. and Rogers , P. J. 2011 . Purposeful Program Theory: Effective Use of Theories of Change and Logic Models , San Francisco : Jossey-Bass .
  • Gates, B. 2011. “Innovation with Impact: Financing 21st Century Development.” Presentation to the G-20 Summit, Cannes
  • Global Impact Investing Rating System (GIIRS). 2012a. GIIRS Quarterly Analytics Report: Q1 2012. Global Impact Investing Rating System. s.l
  • Global Impact Investing Rating System (GIIRS). 2012b. Appendix III: TIIRS and Theory of Change Logic Model. Accessed December 7, 2012. http://www.giirs.org/about-giirs/how-giirs-works/173
  • Godeke , S. and Pomares , R. 2009 . Solutions for Impact Investors: From Strategy to Implementation , New York : Rockefeller Philanthropy Advisors .
  • Gouin , R. R. , Cocq , K. and McGavin , S. 2011 . Feminist Participatory Research in a Social Justice Organization . Action Research , 9 ( 3 ) : 261 – 281 . (doi:10.1177/1476750310396945)
  • Harji , K . 2008a . Social Return on Investment , Ottawa : Carleton Centre for Community Innovation, Carleton University .
  • Harji , K . 2008b . Expanded Value Added Statement , Ottawa : Carleton Centre for Community Innovation, Carleton University .
  • Harji , K. and Jackson , E. T. 2012 . Accelerating Impact: Achievements, Challenges and What's Next in the Impact Investing Industry , New York : The Rockefeller Foundation .
  • International Development Research Centre (IDRC) and Universalia Management Group. n.d. Organizational Assessment Framework. Ottawa
  • Jackson , E. T. 2005 . “ Participatory Monitoring and Evaluation ” . In Encyclopedia of Evaluation , Edited by: Mathison , S. 296 Thousand Oakes : Sage .
  • Jackson , E. T. and Harji , K. 2012 . Unlocking Capital, Activating a Movement: Final Report of the Strategic Assessment of the Rockefeller Foundation's Impact Investing Initiative , New York : The Rockefeller Foundation .
  • Jackson, E. T., N. MacPherson, S. Gariba, and Z. Ofir. 2012. “Evaluating Impact Investing: An Emerging Area of Development Evaluation Practice.” Panel presentation to the sixth biennial conference of the African Evaluation Association, Accra, 2012
  • Jones , H . 2011 . A Guide to Monitoring and Evaluating Policy Influence: Background Note , London : Overseas Development Institute .
  • Karlan , D. and Appel , J. 2011 . More Than Good Intentions , New York : Penguin .
  • Mayne, J. 2008. “Contribution Analysis: An Approach to Exploring Cause and Effect.” ILAC Brief 16
  • Mook , L., ed. 2013 . Accounting for Social Value , Toronto : University of Toronto Press .
  • Mook , L. , Quarter , J. and Richmond , B. J. 2007 . What Counts: Social Accounting for Nonprofits and Cooperatives , 2 , London : Sigel Press .
  • Morra-Imas , L. and Rist , C. 2009 . The Road to Results: Designing and Conducting Effective Development Evaluations , Washington , DC : World Bank .
  • Nexii. 2012. Due diligence in impact investing. Accessed December 20, 2012. http://www.nexii.com/blog/due-diligence-in-impact-investing/
  • Rodin , J. and MacPherson , N. 2012 . Shared Outcomes: How the Rockefeller Foundation is Approaching Evaluation with Developing Country Partners . Stanford Social Innovation Review, Summer 2012, Sponsored Supplement , 10 ( 3 ) : 12 – 15 .
  • Rogers , P. J. 2008 . Using Programme Theory to Evaluate Complicated and Complex Programmes . Evaluation , 14 ( 1 ) : 29 – 48 . (doi:10.1177/1356389007084674)
  • Root Capital. 2012. [online] Various. Accessed January 3, 2012. http://www.rootcapital.org
  • Saltuk , Y. , Bouri , A. and Leung , G. 2011 . Insight into the Impact Investment Market , New York : J.P. Morgan and Global Impact Investing Network . . e-book
  • SROI Network. 2012. Social Return on Investment Guide. London: SROI
  • Thornley , B. , Wood , D. , Grace , K. and Sullivant , S. 2011 . Impact Investing: A Framework for Design and Analysis , San Francisco/Cambridge : Insight at Pacific Community Ventures and the Initiative for Responsible Investment at Harvard University .
  • Torjman , S . 2012 . Social Return on Investment: Strengths and Challenges , Ottawa : Caledon Institute of Social Policy .
  • Trelstad , B. and Katz , R. 2011 . Mission, Margin and Mandate: Multiple Paths to Scale . Innovations, Technology, Governance, Globalization , 6 ( 3 ) : 41 – 53 . (doi:10.1162/INOV_a_00081)
  • Tuan, M. 2008. “Measuring and/or Estimating Social Value Creation: Insights into Eight Integrated Cost Approaches.” Prepared for the Bill and Melinda Gates Foundation
  • Walby , S . 2011 . The Future of Feminism , Cambridge : Polity .