Paper’s importance
Social finance is trendsetting, a buzzword and a phenomenon that has
gained considerable interest, becoming an often discussed topic in
conferences, seminars, corporate training workshops, scholarly journals,
universities, governments, municipalities, publishing houses, social
media, etc. It is also “a rapidly advancing area of practice, policy,
and research, with a lot of unanswered questions” (Nicholls, Paton, &
Emerson, 2015). There is, however, nothing in the HRD literature on
social finance. While there exists in the HRD extant literature, a fair
amount of studies on HRD’s role in Corporate Social Responsibility
(CSR), philanthropy, sustainability, and international development, it
is critically important that the role of HRD is established in the brave
new world of social finance.