Assessing the "win-win" situation creation of the social impact bond model: balancing stakeholder interest

Abstract

Advocates of the Social Impact Bond (SIB) model say that it creates a ‘win-win’ situation bypromoting cross-sectoral collaboration, while some critics claim it creates an imbalance in stakeholder interest. This research explores this topic by defining what “success” means for each stakeholder and assessing all completed SIBs through a frameworkmatrix and scoring methodology of critical success factors. I found that, while there is a statistically significant variance across stakeholder groups, there are several key common characteristics between the SIBs with the highest level of overall success and the lowest level of variance. This report will highlight these features.