Social impact bonds, explained
- Written by Sheela Pandey, Assistant Professor of Management, School of Business Administration, Harrisburg campus, Pennsylvania State University
Oklahoma Gov. Mary Fallin, front, after she signed a law that allows pay-for-success funding for projects aiming to reduce female incarceration rates.AP Photo/Sue Ogrocki
A new approach to fighting poverty and solving some of society’s other big problems is emerging at a time when the federal government and states are cutting back on...