Quotation Maier, Florentine, Meyer, Michael. 2017. Social Impact Bonds and the Perils of Aligned Interests. Administrative Sciences 7 (3),


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Abstract

Social impact bonds (SIBs) have been welcomed enthusiastically as a new funding tool for social innovation, yet also condemned as an instrument that neglects beneficiaries’ and taxpayers’ interests, opening profit opportunities in the field of social politics for smart private investors. We will shed a more analytical light on SIBs, assuming that, like any contract, SIBs try to align interests between partners with partly converging, partly diverging goals. Thus, it remains mainly a matter of negation, and non-profit social service providers as well as public agencies should avoid particular perils and pitfalls.

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Publication's profile

Status of publication Published
Affiliation External
Type of publication Journal article
Journal Administrative Sciences
Language English
Title Social Impact Bonds and the Perils of Aligned Interests
Volume 7
Number 3
Year 2017
Reviewed? Y
DOI http://dx.doi.org/10.3390/admsci7030024

Associations

People
Maier, Florentine (Details)
Meyer, Michael (Details)
Organization
Institute for Nonprofit Management IN (Details)
Research areas (Ă–STAT Classification 'Statistik Austria')
5324 Organizational research (Details)
5363 Non-profit-sector research (NPO, NPI) (Details)
5421 Aging research (Details)
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