Journal Article
NCIF social performance metrics:increasing the flow of investments in distressed neighborhoods through community development banking institutions
Narain, Saurabh; Schmidt, Joseph (2009)
Is it possible to develop a practical methodology that differentiates community development banking institutions from all other banks and thrifts? Can we create a direct correlation between a bank?s community development activities and the level of investor support that it receives, resulting in a ?reward? tied to the developmental impact of these institutions? Can we actually measure this social return for investors and stakeholders and combine social return with financial return to generate a total return that is higher than the total return achieved from mainstream investments?
Community Development Innovation Review , Issue 2 , Pages 65-75