GLOBAL STRUCTURE AND OPERATING STATUS OF SOCIAL STOCK EXCHANGES - COMPARATIVE ANALYSIS

Abstract

Social Stock Exchanges provide a forum for several financing sources, including CSR, philanthropy, and impact investing, to work together and support nonprofit organisations with a social objective. A social stock exchange acts as a meeting place for social organisations and investors with shared values and interests. Several countries, notably the United Kingdom, Brazil's Socio-Environmental Impact Exchange, and Jamaica, Canada, and Singapore, already have active social stock exchanges. It is at the development stage in India, and SEBI, the regulatory body, has acted swiftly to address the situation by establishing working groups and technical groups to investigate and examine the situation and provide appropriate recommendations. The primary purpose of this article is to use a descriptive study approach to examine the functioning of various SSEs across the globe. So, The Indian Social Stock Exchange may benefit from suggestions made in light of knowledge of the activities of other SSEs around the world. KEYWORDS: Impact Investing, Social Stock Exchange, Social Enterprises, Non-Profit Organisations