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The barriers to adopting Social Impact Bonds in the public sector in South Africa
Mini Dissertation (MBA)--University of Pretoria, 2021.
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| Other Authors: | |
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2022
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| _version_ | 1867613670834438144 |
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| access_status_str | Open Access |
| author2 | Prangley, Anthony |
| author_browse | Prangley, Anthony |
| author_facet | Prangley, Anthony |
| collection | Thesis |
| dc_rights_str_mv | © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Mini Dissertation (MBA)--University of Pretoria, 2021. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/85438 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:39:50.639Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/85438 The barriers to adopting Social Impact Bonds in the public sector in South Africa Prangley, Anthony Tinavapi, Tafadzwa Cuthbert UCTD Mini Dissertation (MBA)--University of Pretoria, 2021. Despite the initial popularity that Social Impact Bonds (SIBs) enjoyed in the wake of the 2008 global financial crisis, governments have had lukewarm uptake, with only 138 SIBs worth a total of $441 million having been issued date. Emerging economies, including South Africa, have been especially slow in embracing SIBs, which is puzzling given the fiscal constraints they face whilst still addressing the rising levels of social malaise, including unemployment, illness and homelessness. This qualitative study explores the barriers to the adoption of SIBs by the public sector in South Africa. The diffusion of innovation theory (DOI) provided the theoretical context. Fourteen semi-structured interviews with subject matter experts, practitioners, and senior civil servants were conducted to explore barriers to adopting SIBs within the public sector in South Africa. The study found that the inability by SIBs to sufficiently align the interests of stakeholders and the narrative associated with SIBs that result in a lack of Government accountability to citizens created barriers to their adoption. The study contributes to the literature on DOI and public sector innovation by proposing a model to address the barriers to the adoption of SIBs in the public sector in South Africa. zl22 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2022-05-17T11:21:16Z 2022-05-17T11:21:16Z 2022/04/07 2021 Mini Dissertation * https://repository.up.ac.za/handle/2263/85438 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD The barriers to adopting Social Impact Bonds in the public sector in South Africa |
| title | The barriers to adopting Social Impact Bonds in the public sector in South Africa |
| title_full | The barriers to adopting Social Impact Bonds in the public sector in South Africa |
| title_fullStr | The barriers to adopting Social Impact Bonds in the public sector in South Africa |
| title_full_unstemmed | The barriers to adopting Social Impact Bonds in the public sector in South Africa |
| title_short | The barriers to adopting Social Impact Bonds in the public sector in South Africa |
| title_sort | barriers to adopting social impact bonds in the public sector in south africa |
| topic | UCTD |
| url | https://repository.up.ac.za/handle/2263/85438 |