{"id":3986,"date":"2023-01-27T16:58:47","date_gmt":"2023-01-27T15:58:47","guid":{"rendered":"https:\/\/bifelab.com\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/"},"modified":"2023-01-27T17:18:11","modified_gmt":"2023-01-27T16:18:11","slug":"development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis","status":"publish","type":"avada_portfolio","link":"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/","title":{"rendered":"Development impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis"},"content":{"rendered":"<h3>Abstract<\/h3>\n<p>The paper aims to enrich the academic debate on social impact investing, through a formalization of Development Impact Bonds (DIBs)\u2019 structure. With this purpose, the research adopts an inductive approach and presents a case study analysis of the world\u2019s first successful DIB in education, Educate Girls Development Impact Bond. The analysis fosters the role of DIBs as tools to provide funds to non- profit organizations operating in developing countries, by reducing agency problems between investors and social services providers, and by mitigating goal displacement effects.<\/p>\n<p>Keywords: Development impact bonds, social impact investing, outcome-based contracts, payment-by-results, social finance, pay-for-success, agency problems, non-profit organization.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cite: (2019) \u201cDevelopment impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis\u201d (eds. Gallucci C., Santulli R., Tipaldi R.), in: African Journal of Business Management, ISSN:1993-8233 DOI: doi.org\/10.5897\/AJBM2019.8817, pp. 415-427<\/p>\n","protected":false},"author":8,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"footnotes":""},"portfolio_category":[100],"portfolio_skills":[],"portfolio_tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Development impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis - BifeLab<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Development impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis - BifeLab\" \/>\n<meta property=\"og:description\" content=\"Cite: (2019) \u201cDevelopment impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis\u201d (eds. Gallucci C., Santulli R., Tipaldi R.), in: African Journal of Business Management, ISSN:1993-8233 DOI: doi.org\/10.5897\/AJBM2019.8817, pp. 415-427\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/\" \/>\n<meta property=\"og:site_name\" content=\"BifeLab\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-27T16:18:11+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/\",\"url\":\"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/\",\"name\":\"Development impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis - BifeLab\",\"isPartOf\":{\"@id\":\"https:\/\/bifelab.com\/en\/#website\"},\"datePublished\":\"2023-01-27T15:58:47+00:00\",\"dateModified\":\"2023-01-27T16:18:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bifelab.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Portfolio\",\"item\":\"https:\/\/bifelab.com\/en\/area-di-ricerca\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Development impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bifelab.com\/en\/#website\",\"url\":\"https:\/\/bifelab.com\/en\/\",\"name\":\"BifeLab\",\"description\":\"Laboratorio Banca Impresa Finanza Etica\",\"publisher\":{\"@id\":\"https:\/\/bifelab.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bifelab.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/bifelab.com\/en\/#organization\",\"name\":\"BifeLab\",\"url\":\"https:\/\/bifelab.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bifelab.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bifelab.com\/wp-content\/uploads\/2018\/07\/Bifelab-tag-2-e1530780748927.png\",\"contentUrl\":\"https:\/\/bifelab.com\/wp-content\/uploads\/2018\/07\/Bifelab-tag-2-e1530780748927.png\",\"width\":1121,\"height\":646,\"caption\":\"BifeLab\"},\"image\":{\"@id\":\"https:\/\/bifelab.com\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Development impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis - BifeLab","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/","og_locale":"en_US","og_type":"article","og_title":"Development impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis - BifeLab","og_description":"Cite: (2019) \u201cDevelopment impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis\u201d (eds. Gallucci C., Santulli R., Tipaldi R.), in: African Journal of Business Management, ISSN:1993-8233 DOI: doi.org\/10.5897\/AJBM2019.8817, pp. 415-427","og_url":"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/","og_site_name":"BifeLab","article_modified_time":"2023-01-27T16:18:11+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/","url":"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/","name":"Development impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis - BifeLab","isPartOf":{"@id":"https:\/\/bifelab.com\/en\/#website"},"datePublished":"2023-01-27T15:58:47+00:00","dateModified":"2023-01-27T16:18:11+00:00","breadcrumb":{"@id":"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bifelab.com\/en\/area-di-ricerca\/development-impact-bonds-to-overcome-investors-services-providers-agency-problems-insights-from-a-case-study-analysis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bifelab.com\/en\/"},{"@type":"ListItem","position":2,"name":"Portfolio","item":"https:\/\/bifelab.com\/en\/area-di-ricerca\/"},{"@type":"ListItem","position":3,"name":"Development impact bonds to overcome investors-services providers\u2019 agency problems: insights from a case study analysis"}]},{"@type":"WebSite","@id":"https:\/\/bifelab.com\/en\/#website","url":"https:\/\/bifelab.com\/en\/","name":"BifeLab","description":"Laboratorio Banca Impresa Finanza Etica","publisher":{"@id":"https:\/\/bifelab.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bifelab.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bifelab.com\/en\/#organization","name":"BifeLab","url":"https:\/\/bifelab.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bifelab.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/bifelab.com\/wp-content\/uploads\/2018\/07\/Bifelab-tag-2-e1530780748927.png","contentUrl":"https:\/\/bifelab.com\/wp-content\/uploads\/2018\/07\/Bifelab-tag-2-e1530780748927.png","width":1121,"height":646,"caption":"BifeLab"},"image":{"@id":"https:\/\/bifelab.com\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/avada_portfolio\/3986"}],"collection":[{"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/avada_portfolio"}],"about":[{"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/types\/avada_portfolio"}],"author":[{"embeddable":true,"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/comments?post=3986"}],"version-history":[{"count":1,"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/avada_portfolio\/3986\/revisions"}],"predecessor-version":[{"id":4014,"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/avada_portfolio\/3986\/revisions\/4014"}],"wp:attachment":[{"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/media?parent=3986"}],"wp:term":[{"taxonomy":"portfolio_category","embeddable":true,"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/portfolio_category?post=3986"},{"taxonomy":"portfolio_skills","embeddable":true,"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/portfolio_skills?post=3986"},{"taxonomy":"portfolio_tags","embeddable":true,"href":"https:\/\/bifelab.com\/en\/wp-json\/wp\/v2\/portfolio_tags?post=3986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}