Evaluating social impact bonds: questions, challenges, innovations, and possibilities in measuring outcomes in impact investing

Jackson, Edward

doi:10.1080/15575330.2013.854258

Cited by 94 publications

(69 citation statements)

References 6 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The need for a measure of impact investing through the social impact measurement has been shortly satisfied by the Impact Reporting and Investment Standards (IRIS), which offers a common set of definitions, and the Global Impact Investing Rating System (GIIRS), an analogue of the Standard and Poor's or Morningstar rating systems, uses a common set of indicators to measure the social performance (Jackson, 2013).…”

Section: Impact Investingmentioning

confidence: 99%

“…Thus, this new emerging industry has started to create network and metrics to measure its value through the measurement of the social impact, which is usually seen as a qualitative variable (Jackson, 2013;Clarkin & Cangioni, 2016). The need for a measure of impact investing through the social impact measurement has been shortly satisfied by the Impact Reporting and Investment Standards (IRIS), which offers a common set of definitions, and the Global Impact Investing Rating System (GIIRS), an analogue of the Standard and Poor's or Morningstar rating systems, uses a common set of indicators to measure the social performance (Jackson, 2013).…”

Section: Impact Investingmentioning

confidence: 99%

See 1 more Smart Citation

The Evolution of Crowdfunding Towards an Impact Investing Logic: The Case of Paulownia Social Project

Feola¹,

Parente²,

D’Onofrio³

et al. 2017

JMAA

View full text Add to dashboard Cite

In the last years, crowdfunding is arising as a widespread financing and fundraising tool, allowing to turn a large audience of customers into investors, individuals who can supply financial capital. Thus, crowdfunding represents a novel mechanism of fundraising embedded in the current financial innovation, which operates in order to produce convergent innovations that produce both economic and social outcomes. Studies are mainly aimed to understand which factors led a crowdfunding campaign towards the success. The whole research aims to analyse the new emerging financial tool, known as crowdfunding, with the purpose to understand and explain how it collaborates with the main traditional financial mechanisms used by enterprises. This study leds the author to recognize a new emerging shape for the crowdfunding, a structure which allows to take advantage of the traditional limits of funds of investment. Thus, both the capability to attract a great number of investors and the social content of the project-to-fund represent the push to move the crowd investment towards impact investing. The newness of the topic, the lack of certain and various data, the youth of the analyzed phenomenon, and the explorative nature of the research, pushed the authors to choose a case study approach.

show abstract

Section: Impact Investingmentioning

confidence: 99%

Section: Impact Investingmentioning

confidence: 99%

The Evolution of Crowdfunding Towards an Impact Investing Logic: The Case of Paulownia Social Project

Feola¹,

Parente²,

D’Onofrio³

et al. 2017

JMAA

View full text Add to dashboard Cite

show abstract

“…Several scholars empirically explored (the emergence of) SIBs. The focus of these articles primarily concerns uncertainties regarding technical details (Fox and Albertson 2011), challenges and possibilities in outcome measurement (Jackson 2013), SIB configurations (Arena et al 2016), opportunities and concerns for the development of SIBs (Warner 2013) and the comprehensive RAND evaluations of the HMP Peterborough SIB (Disley et al 2011;Disley and Rubin 2014;Disley et al 2015).…”

Section: Social Impact Bond As Collaborative Governancementioning

confidence: 99%

Collaborative Learning Processes in Social Impact Bonds: A Case Study from the Netherlands

Smeets

2017

Journal of Social Entrepreneurship

View full text Add to dashboard Cite

Social Impact Bonds (SIBs) bring together organizations from various sectors, with different organizational logics. Successful cross-sector collaboration, therefore, is challenging. In this paper, the collaborative learning process between partners of the SIB The Colour Kitchen (The Netherlands) is analysed. By analysing a good practice case, this paper shows (1) how collaborative governance theory helps to understand the dynamics of an SIB partnership, (2) provides insight into theoretical and empirical favourable conditions and actions for collaboration in an SIB, and (3) illustrates the complexity of SIBs and shows why such a normative proposition is still not widely practised.

show abstract

“…Numerous venture-backed companies generate high-skilled jobs and trillions of dollars of benefit for the world economy [7,17,18]. Investors seek greater disclosure of the risks related to the climate change, especially at the non-energy related companies, and look for sustainable start-ups [44,45].…”

Section: Background Of Sustainable Venture Capital Investmentsmentioning

confidence: 99%

“…Ethical or socially responsible investors prefer companies that offer social benefits [12][13][14][15][16]. Cleantech and social investing research developed quickly, whereas sustainable investing or impact investing is just entering the picture [17,18]. Sustainable investing refers to investments in technologies, processes or products with positive environmental, social and economic outcome.…”

Section: Introductionmentioning

confidence: 99%

Sustainable Venture Capital Investments: An Enabler Investigation

et al. 2018

View full text Add to dashboard Cite

Investing in sustainable projects can help tackle the current sustainability challenges. Venture capital investments can contribute significantly to the growth of sustainable start-ups. Sustainable venture capital (SVC) research is just emerging. This paper identifies enablers for sustainable venture capital investments in Saudi Arabia taking into account different stakeholders and firm's tangible and intangible resources. Using perspectives from venture capital experts in Saudi Arabia and the grey-based Decision-Making Trial and Evaluation Laboratory (DEMATEL) method, this study pinpoints the most critical enablers and investigates their causal and effect interconnections. The methodological process consists of reviewing the SVC literature and consulting the experts to identify the SVC enablers, creating a questionnaire, acquiring the answers from four experts, analyzing the data with grey-based DEMATEL and performing a sensitivity analysis. The government use of international standards, policies and regulations for sustainable investments, the commitment of the venture capitalists to sustainability and their deep understanding of sustainable business models are the most influential enablers. The paper concludes with implications for different actors, limitations and prospective directions for the sustainable venture capital research.

show abstract

Evaluating social impact bonds: questions, challenges, innovations, and possibilities in measuring outcomes in impact investing

Cited by 94 publications

References 6 publications

The Evolution of Crowdfunding Towards an Impact Investing Logic: The Case of Paulownia Social Project

The Evolution of Crowdfunding Towards an Impact Investing Logic: The Case of Paulownia Social Project

Collaborative Learning Processes in Social Impact Bonds: A Case Study from the Netherlands

Sustainable Venture Capital Investments: An Enabler Investigation

Contact Info

Product

Resources

About