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International Journal of Public Administration Volume 39, 2016 - Issue 12
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Articles

Social Impact Bonds: Blockbuster or Flash in a Pan?

Marika ArenaDepartment of Management, Economics and Industrial Engineering, Politecnico di Milano, Milano, Italy
,
Irene BengoDepartment of Management, Economics and Industrial Engineering, Politecnico di Milano, Milano, Italy
,
Mario CalderiniDepartment of Management, Economics and Industrial Engineering, Politecnico di Milano, Milano, Italy
&
Veronica ChiodoDepartment of Management, Economics and Industrial Engineering, Politecnico di Milano, Milano, ItalyCorrespondence[email protected]
Pages 927-939 | Published online: 28 Jan 2016

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Mats Fred & Dalia Mukhtar-Landgren. (2024) Productive resistance in public sector innovation – introducing social impact bonds in Swedish local government. Public Management Review 26:3, pages 793-810.
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Vincenzo Buffa, Maya Tira & Benjamin Le Pendeven. (2024) New development: From social impact bonds to impact bonds—an outcomes-based framework. Public Money & Management 44:1, pages 80-84.
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Asa Maron & James W. Williams. (2023) Limits to the financialisation of the state: exploring obstructions to social impact bonds as a form of financialised statecraft in the UK, Israel, and Canada. New Political Economy 28:6, pages 865-880.
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James W. Williams. (2023) Charitable assets: social outcomes, financial values, and the new, nonprofit funding regime. Journal of Cultural Economy 16:4, pages 513-528.
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Christina Economy, Eleanor Carter & Mara Airoldi. (2023) Have we ‘stretched’ social impact bonds too far? An empirical analysis of SIB design in practice. International Public Management Journal 26:3, pages 413-436.
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Benedetta De Pieri, Veronica Chiodo & Francesco Gerli. (2023) Based on outcomes? Challenges and (missed) opportunities of measuring social outcomes in outcome-based contracting. International Public Management Journal 26:3, pages 437-462.
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Tamara Dimitrijevska-Markoski, Jeremy L. Hall & Lauren L. Azevedo. (2023) Implementation Drivers of Pay-for-Success Projects: The U.S. Experience. International Journal of Public Administration 46:1, pages 32-42.
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Jacob Broom & Jordan Tchilingirian. (2022) Networks of knowledge production and mobility in the world of social impact bonds. New Political Economy 27:6, pages 1031-1045.
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Alexis R. Kennedy. (2022) Does It Pay to Pay for Success? Stakeholder Perceptions of Costs and Benefits of PFS Feasibility Studies*. Public Performance & Management Review 45:5, pages 1088-1111.
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Mikkel Munksgaard Andersen, Rasmus Dilling-Hansen & Anne Vorre Hansen. (2022) Expanding the Concept of Social Impact Bonds. Journal of Social Entrepreneurship 13:3, pages 390-407.
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Reinhard Millner & Michael Meyer. (2022) Collaborative governance in Social Impact Bonds: aligning interests within divergent accountabilities?. Public Management Review 24:5, pages 729-751.
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Simon Lilley, David Harvie, Geoff Lightfoot & Kenneth Weir. (2020) Using derivative logic to speculate on the future of the social investment market. Journal of Urban Affairs 42:6, pages 920-936.
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James W. Williams. (2020) Surveying the SIB economy: Social impact bonds, “local” challenges, and shifting markets in urban social problems. Journal of Urban Affairs 42:6, pages 907-919.
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Jarrod Ormiston, Michael Moran, Erin I. Castellas & Emma Tomkinson. (2020) Everybody wins? A discourse analysis of competing stakeholder expectations in Social Impact Bonds. Public Money & Management 40:3, pages 237-246.
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Jesse Hajer. (2020) The National Governance and Policy Context of Social Impact Bond Emergence: A Comparative Analysis of Leaders and Skeptics. Journal of Comparative Policy Analysis: Research and Practice 22:2, pages 116-133.
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Eleonora Broccardo & Maria Mazzuca. (2019) The missing link? Finance, public services, and co-production: The case of social impact bonds (SIBs). Public Money & Management 39:4, pages 262-270.
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Irene Bengo. (2018) Debate: Impact measurement and social public procurement. Public Money & Management 38:5, pages 391-392.
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Dominique Jozef Alfons Smeets. (2017) Collaborative Learning Processes in Social Impact Bonds: A Case Study from the Netherlands. Journal of Social Entrepreneurship 8:1, pages 67-87.
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Articles from other publishers (50)

Valentina Patetta & Marta Enciso-Santocildes. (2024) SIBs and the implications on the relationship between social enterprises and the public sector: a case study from the Netherlands. International Journal of Public Sector Management 37:3, pages 421-437.
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F. Dahbi, I. Carrasco & B. Petracci. (2024) A systematic literature review on social impact bonds. Finance Research Letters 62, pages 105063.
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James W Williams. (2023) Finance interrupted: Social impact bonds, spatial politics, and the limits of financial innovation in the social sector. Environment and Planning A: Economy and Space 56:1, pages 42-58.
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Helen Chiappini, Nicoletta Marinelli, Raja Nabeel-Ud-Din Jalal & Giuliana Birindelli. (2023) Past, present and future of impact investing and closely related financial vehicles: a literature review. Sustainability Accounting, Management and Policy Journal 14:7, pages 232-257.
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Mikkel Munksgaard Andersen. (2023) Barriers to social impact bond implementation: a review of evidence from the UK and US. International Journal of Public Sector Management 36:6/7, pages 512-529.
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Simon Demuynck & Wouter Van Dooren. (2023) At a cost: A review of the public accountability risks of Social Impact Bonds. Australian Journal of Public Administration.
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Rosella Carè, Stella Carè, Nathalie Lévy & Rabia Fatima. (2023) Missing finance in social impact bond research? A bibliometric overview between past and future research. Corporate Social Responsibility and Environmental Management 30:5, pages 2101-2120.
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Maria Mazzuca, Elena Panzera & Sabrina Ruberto. (2023) The investor's participation in social impact bonds. International Review of Economics & Finance 86, pages 349-363.
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Thomas Walker, Sherif Goubran, Moein Karami, Adele Dumont-Bergeron, Tyler Schwartz & Kalima Vico. (2023) Mainstreaming social impact bonds: A critical analysis. Finance Research Letters 53, pages 103546.
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Elena V. Anufrieva & Natalia G. Chevtaeva. (2023) Social Impact Bonds as a Tool for Healthcare Response to Prevention of Noncommunicable Diseases. ЗДОРОВЬЕ НАСЕЛЕНИЯ И СРЕДА ОБИТАНИЯ - ЗНиСО / PUBLIC HEALTH AND LIFE ENVIRONMENT, pages 7-14.
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Mathilde Pellizzari & Pauline Boulanger. 2023. Principles for Governance. Principles for Governance 75 85 .
Mario Calderini, Veronica Chiodo & Fania Valeria Michelucci. 2023. Positives Impact Investing. Positives Impact Investing 31 43 .
Mikhail Kosmynin & Sarah L. Jack. (2022) Alternative investing as brokering: The embedding process of a Social Impact Bond model in a local context. Journal of Business Venturing Insights 17, pages e00297.
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Carmen Gallucci, Alfonso Del Giudice & Rosalia Santulli. (2022) How to attract professional investors in developing countries? An evidence-based structure for development impact bonds. Finance Research Letters 46, pages 102816.
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Julie Rouault & Elisabeth Albertini. (2022) Reconciling the social sector with external accountability requirements: Lessons from stewardship theory. Journal of Business Research 142, pages 485-498.
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Salvatore Giuffrida, Carmelo Marisca, Maria Rosa Trovato, Cheren Cappello & Ludovica Nasca. 2022. Urban Regeneration Through Valuation Systems for Innovation. Urban Regeneration Through Valuation Systems for Innovation 35 55 .
I. V. Solntsev. (2021) Social impact bonds: Financing grassroots sports. Finance: Theory and Practice 25:6, pages 199-211.
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James W Williams & Stefan Treffers. (2021) Investing in crime prevention after the crisis: Social impact bonds, the value of (re) offending and the new ‘culture of crime control’. The British Journal of Criminology 61:5, pages 1300-1315.
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Polla Czér, Gergő Túri, Csilla Kaposvári, Krisztián Horváth & Fanni Farkas Borbás. (2021) A társadalmi hatáskötvények szerepe a bűnismétlés megelőzését célzó programok finanszírozásában. Belügyi Szemle 69:4, pages 561-577.
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Emily Susannah Grace Hulse, Rifat Atun, Barbara McPake & John Tayu Lee. (2021) Use of social impact bonds in financing health systems responses to non-communicable diseases: scoping review. BMJ Global Health 6:3, pages e004127.
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Jacob Broom. (2020) Social impact bonds and fast policy: Analyzing the Australian experience. Environment and Planning A: Economy and Space 53:1, pages 113-130.
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Henri Schildt, Farah Kodeih & Hani Tarabichi. 2021. On Practice and Institution: New Empirical Directions. On Practice and Institution: New Empirical Directions 117 144 .
Maram AhmedMaram Ahmed. 2021. Innovative Humanitarian Financing. Innovative Humanitarian Financing 65 99 .
Silvana Secinaro, Davide Calandra, Denisa Petricean & Federico Chmet. (2020) Social Finance and Banking Research as a Driver for Sustainable Development: A Bibliometric Analysis. Sustainability 13:1, pages 330.
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Thomas George, Jim Rogers & Amanda Roberts. (2020) Social impact bonds in the UK homeless sector: perspectives of front-line link workers. Housing, Care and Support 23:3/4, pages 123-134.
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Kevin Albertson, Chris Fox, Chris O’Leary & Gary Painter. (2020) Towards a Theoretical Framework for Social Impact Bonds. Nonprofit Policy Forum 11:2.
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Alessandro Rizzello & Abdellah Kabli. (2020) Sustainable Financial Partnerships for the SDGs: The Case of Social Impact Bonds. Sustainability 12:13, pages 5362.
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Eleonora Broccardo, Maria Mazzuca & Maria Laura Frigotto. (2019) Social impact bonds: The evolution of research and a review of the academic literature. Corporate Social Responsibility and Environmental Management 27:3, pages 1316-1332.
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Julia Rohringer & Sascha Münnich. (2019) Finanzialisierung als Entdifferenzierung – Zur wachsenden Verschränkung von Finanzmarkt und Wohlfahrtsstaat in der deutschen Sozialpolitik. Zeitschrift für Sozialreform 65:4, pages 427-458.
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Carolyn J. Heinrich & Sarah E. Kabourek. (2019) Pay‐for‐Success Development in the United States: Feasible or Failing to Launch?. Public Administration Review 79:6, pages 867-879.
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Pablo Muñoz & Jonathan Kimmitt. (2019) A diagnostic framework for social impact bonds in emerging economies. Journal of Business Venturing Insights 12, pages e00141.
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Gustaf Kastberg & Cristian Lagström. (2019) Processes of hybridization and de-hybridization: organizing and the task at hand. Accounting, Auditing & Accountability Journal 32:3, pages 710-726.
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Veronica VECCHI & Francesca CASALINI. (2018) IS A SOCIAL EMPOWERMENT OF PPP FOR INFRASTRUCTURE DELIVERY POSSIBLE? LESSONS FROM SOCIAL IMPACT BONDS. Annals of Public and Cooperative Economics 90:2, pages 353-369.
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Jennifer Oetzel & Stone Conroy. 2019. Business, Peacebuilding and Sustainable Development. Business, Peacebuilding and Sustainable Development 63 80 .
Mario La Torre, Annarita Trotta, Helen Chiappini & Alessandro Rizzello. (2019) Business Models for Sustainable Finance: The Case Study of Social Impact Bonds. Sustainability 11:7, pages 1887.
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Irene Bengo & Marika Arena. (2019) The relationship between small and medium-sized social enterprises and banks. International Journal of Productivity and Performance Management 68:2, pages 389-406.
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Alfonso Del Giudice & Milena Migliavacca. (2018) Social Impact Bonds and Institutional Investors: An Empirical Analysis of a Complicated Relationship. Nonprofit and Voluntary Sector Quarterly 48:1, pages 50-70.
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Elisabetta Scognamiglio, Emilia Di Lorenzo, Marilena Sibillo & Annarita Trotta. (2019) Social uncertainty evaluation in Social Impact Bonds: Review and framework. Research in International Business and Finance 47, pages 40-56.
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Satyajit Bose, Guo Dong & Anne SimpsonSatyajit Bose, Guo Dong & Anne Simpson. 2019. The Financial Ecosystem. The Financial Ecosystem 311 338 .
Florentine Maier, Gian Paolo Barbetta & Franka Godina. (2017) Paradoxes of Social Impact Bonds. Social Policy & Administration 52:7, pages 1332-1353.
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Jan-Ocko Heuer, & Daniel Mertens. (2018) Finanzialisierung und Wohlfahrtsstaat: Konzepte und Befunde zur Rolle von Finanzmärkten in der Sozialpolitik(forschung). Sozialer Fortschritt 67:8-9, pages 737-758.
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Davide Caselli & Federica Rucco. (2018) La finanziarizzazione del welfare. Quaderni di Sociologia:76, pages 57-80.
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Amy S. KatzBenjamin BrisboisSuzanne ZergerStephen W. Hwang. (2018) Social Impact Bonds as a Funding Method for Health and Social Programs: Potential Areas of Concern. American Journal of Public Health 108:2, pages 210-215.
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Marika Arena, Irene Bengo, Mario Calderini & Veronica Chiodo. (2018) Unlocking finance for social tech start-ups: Is there a new opportunity space?. Technological Forecasting and Social Change 127, pages 154-165.
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Mario Calderini, Veronica Chiodo & Fania Valeria Michelucci. (2018) The social impact investment race: toward an interpretative framework. European Business Review 30:1, pages 66-81.
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Alessandro Rizzello, Rossana Caridà, Annarita Trotta, Giuseppe Ferraro & Rosella Carè. 2018. Social Impact Investing Beyond the SIB. Social Impact Investing Beyond the SIB 69 113 .
Elisabetta Scognamiglio, Alessandro Rizzello & Helen Chiappini. 2018. Social Impact Investing Beyond the SIB. Social Impact Investing Beyond the SIB 47 68 .
Mario Calderini, Veronica Chiodo & Fania Valeria Michelucci. 2018. Positive Impact Investing. Positive Impact Investing 27 38 .
Florentine Maier & Michael Meyer. (2017) Social Impact Bonds and the Perils of Aligned Interests. Administrative Sciences 7:3, pages 24.
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