SOCIAL STOCK EXCHANGE: A GLOBAL PERSPECTIVE WITH INDIAN FEASIBILITY
Authors – HIMAJA CHALLAPALLI & MAANASI PILLA, STUDENTS AT BENNETT UNIVERSITY
Best Citation – HIMAJA CHALLAPALLI & MAANASI PILLA, SOCIAL STOCK EXCHANGE: A GLOBAL PERSPECTIVE WITH INDIAN FEASIBILITY, Indian Journal of Legal Review (IJLR), 3 (2) of 2023, Pg. 107-119, APIS – 3920 – 0001 & ISSN – 2583-2344.
Abstract
In recent years, the idea of Social Stock Exchange (SSEs) has become more well-known as a way to support social enterprises and organizations with an impact. Are stock exchanges that make it easier to trade shares issued by nonprofit organizations, social businesses, and other organizations with a social mission. A new generation of investors who are interested in social effects as well as financial profits may be drawn to since they have created new opportunities for socially conscious investing. With an emphasis on the viability of SSE in India under SEBI norms, this research study intends to understand what SSE is, and how they work and undertake a comparative analysis of SSE globally.
The paper’s structure broadly is as follows: The methodology of the study is described here and then a comprehensive case study on India. An outline of the SSE, including its features, and prospective effects, is given in this research paper. Then follows, an analysis of the major conclusions for each country SSE is presented. In order to make a comprehensive and informative comparison of SSE implemented world over including that of India’s, this study will explore and analyze their organizational frameworks, legal frameworks, and regulatory frameworks. Six SSE that had been implemented—or, in the case of India, newly established—in various countries were chosen for research. The report mostly uses secondary research.
The intention of this paper is to comprehend the idea of SSE and their history.
- To assess international efforts related to SSE.
- To venture into the advantages and disadvantages of SSE.
- To delve into legal structure of SSE.
- To determine whether social stock markets in India are feasible under SEBI regulations.
- To offer advice on the challenges faced by SSE in India.