"[9A81C45EB6F5]" . "162929" . . "13"^^ . . "RIV/60460709:41610/12:53776!RIV13-MSM-41610___" . "1" . . . . "Proposal for establishing an environment, social, and governance (ESG) groundwork: Creating a closed system within the microfinance sector"@en . "0" . "Proposal for establishing an environment, social, and governance (ESG) groundwork: Creating a closed system within the microfinance sector" . . "17" . "Journal of Internet Banking and Commerce" . . . "4"^^ . "Proposal for establishing an environment, social, and governance (ESG) groundwork: Creating a closed system within the microfinance sector"@en . "1204-5357" . "4"^^ . . "The current microfinance industry is unprepared for Social Responsible Investment, which it inevitably starts to attract on its course towards the status of mainstream asset class. Derived from unsolved inner philosophical tension, the gap between differently used concepts in the sector is widening, while identical terms indicate different contents. Microfinance is becoming too varied to be presented under few single terms with discrepant meanings. Development of the microfinance industry, predominantly a phenomenon of local markets, thus does not keep up its local pace with its increasing reliance on international capital markets, with their globally coherent corporate expectations. The lack of clear definitions and transparency of the sector can discredit microfinance, once SRI systems open their gates. MIVs, States, corporate investors and multilateral institutions must therefore in a concerted action impose basis of standards coordinates, otherwise differently perceived concepts might m"@en . . "Srnec, Karel" . "RIV/60460709:41610/12:53776" . "Hes, Tom\u00E1\u0161" . . . . . . . . . . "Dra\u0161arov\u00E1, Martina" . "CZ - \u010Cesk\u00E1 republika" . "41610" . "Proposal for establishing an environment, social, and governance (ESG) groundwork: Creating a closed system within the microfinance sector" . "Neradov\u00E1, Alena" . . "S" . "The current microfinance industry is unprepared for Social Responsible Investment, which it inevitably starts to attract on its course towards the status of mainstream asset class. Derived from unsolved inner philosophical tension, the gap between differently used concepts in the sector is widening, while identical terms indicate different contents. Microfinance is becoming too varied to be presented under few single terms with discrepant meanings. Development of the microfinance industry, predominantly a phenomenon of local markets, thus does not keep up its local pace with its increasing reliance on international capital markets, with their globally coherent corporate expectations. The lack of clear definitions and transparency of the sector can discredit microfinance, once SRI systems open their gates. MIVs, States, corporate investors and multilateral institutions must therefore in a concerted action impose basis of standards coordinates, otherwise differently perceived concepts might m" . . . "microfinance, funding, inefficiency, coordination, MIV, guarantee, SRI, social impact"@en . .