This paper aims at implementing a framework able to support the evaluation of an Social
Impact Bond (SIB), integrating a financial evaluation with a social evaluation and starting …

In recent decades, governments worldwide have begun to extend the use of Payment by
Results (PbR) contracts. PbR contracts create a new type of partnership between investors …

In the last years, Social Impact Bonds (SIBs) have gained popularity in the impact investing
space. A number of scholars and practitioners are debating—in theory and practice—the …

The relation between the financial industry and sustainable development is ambivalent. On
the one hand, the financial industry supports sustainable development through lending and …

This paper deals with the rationale issue of financing developing countries by deepening the
characteristics of Development Impact Bonds (DIBs). The World Economic Forum, in 2018 …

Alternative finance represents a small but interesting field of research. Concepts such as
“alternative financing instruments”, alternative financing channels and “alternative forms of …

Social impact bonds (SIBs) have emerged as an innovative financial instrument designed to
support the social service sector in delivering innovative social programs. In particular, SIBs …

Impact investments have become one of the most important and most talked about market
approaches. Many authors have tried to clarify the boundaries of this emerging investing …

Although estimates of the amount required vary, there is no doubt that financing is needed to
achieve the Sustainable Development Goals (SDGs) adopted by the United Nations in 2016 …

This study examines social impact bonds (SIB) as part of the organisation of wellbeing
services in Finland. The social impact bond model aims at creating wellbeing, impacts and …