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The impact of social impact bond financing.

Social impact bonds (SIBs), also known as Pay for Success, are an innovation in Payment by Results contracting. Investors finance programs and are repaid based on the "SIB effect," which includes changes in outcomes attributable to financing. We generate a quantitative estimate of this part of the S...

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Published in:Public Administration Review Vol. 83; no. 4; pp. 930 - 947
Main Authors: Hevenstone, Debra, Fraser, Alec, Hobi, Lukas, Przepiorka, Wojtek, Geuke, Gemma G. M.
Format: Article
Published: Wiley-Blackwell Jul2023
Subjects:
Netherlands
Switzerland
Investors
Labor market
Social impact bonds
Stewardship theory
Agency theory
Online Access:View this record in EBSCOhost