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July 26, 2026The Korean Academic Association of Business Administration

Reconceptualizing Social Finance: A Social and Solidarity Economy Perspective

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Authors

JSJinseon Seo

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Overview

Defines social finance and solidarity finance, suggesting pathways for policy and practice in the field.

Key Points

  • To construct the concept of solidarity finance from the perspective of social finance and solidarity economy through a review of literature.
  • Review of various academic literature related to social finance and solidarity economy.
  • Definition of social finance characteristics including social, environmental purposes, and transparency in information disclosure.
  • Exploration of solidarity economy principles emphasizing democratic governance and meeting community needs.
  • Defined social finance incorporating key features like transparency in operations and social, environmental performance measurement.
  • Proposed the concept of solidarity finance to enhance legitimacy and support the advancement of solidarity economy.
  • Identified implications for policy and practical applications within social finance to address market and government failures.

Cite This Study

Jinseon Seo (2026) studied this question.

synapsesocial.com/papers/6a65a422d3aea3239cd76e89https://doi.org/10.18032/kaaba.2026.39.6.1219
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