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A systematic literature review on social impact bonds

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  • Dahbi, F.
  • Carrasco, I.
  • Petracci, B.

Abstract

Social Impact Bonds are a new mechanism for delivering public services. This paper examines peer-reviewed articles about this topic. With a systematic literature review complemented by a literature mapping for content analysis of 116 articles published between 2010 and 2022, we identified (i) the evolution in the literature; (ii) the key articles, authors, journals, and countries contributing to the field; (iii) the countries and policy areas most analyzed and (iv) the most used research approaches. Our results suggest that most studies follow a qualitative or mixed approach. Moreover, the literature appears UK oriented. We conclude by proposing future research directions.

Suggested Citation

  • Dahbi, F. & Carrasco, I. & Petracci, B., 2024. "A systematic literature review on social impact bonds," Finance Research Letters, Elsevier, vol. 62(PA).
    • Handle: RePEc:eee:finlet:v:62:y:2024:i:pa:s154461232400093x
    DOI: 10.1016/j.frl.2024.105063
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    References listed on IDEAS

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    More about this item

    Keywords

    Literature review; Bibliometric analysis; Content analysis; Social impact bonds;
    All these keywords.

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation

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