scholarly journals Social Impact Bonds and Institutional Investors: An Empirical Analysis of a Complicated Relationship

2018 ◽  
Vol 48 (1) ◽  
pp. 50-70 ◽  
Author(s):  
Alfonso Del Giudice ◽  
Milena Migliavacca
Keyword(s):  
Empirical Analysis ◽  
Institutional Investors ◽  
Social Impact ◽  
Success Factors ◽  
Agency Problems ◽  
Private Capital ◽  
Policy Makers ◽  
The Past ◽  
Critical Success ◽  
Social Impact Bonds

Over the past 8 years, social impact bonds (SIBs) have attracted increasing attention from scholars, policy makers, and investors. Notwithstanding good intentions and policy makers’ enthusiasm, SIBs have failed to attract significant private capital. Considering the SIBs issued worldwide until December 2017, we look for the critical success factors of SIB funding by investigating both the financial and contractual characteristics of SIB contracts. We find that institutional investors are more likely to participate in an SIB funding when there are fewer agency problems.

Electronic Procurement

2012 ◽  
pp. 213-232 ◽  
Author(s):  
Paulo Andrade ◽  
Bráulio Alturas ◽  
Tiago Oliveira
Keyword(s):  
Empirical Analysis ◽  
Critical Success Factors ◽  
Success Factors ◽  
Negative Impact ◽  
Business Partner ◽  
Indirect Benefits ◽  
Electronic Procurement ◽  
The Past ◽  
Critical Success ◽  
Expected Benefits

E-procurement systems make purchasing activities more effective in terms of both time and cost. However, over the past years there is evidence that some of the expected benefits have not been achieved. Among several causes, supplier’s low adherence to such platforms has been regarded as one. The focus of this work is in supplier adoption of e-Procurement. It will help to better address the issues actually faced by suppliers within e-Procurement. The authors have conducted a questionnaire-based survey to 721 Portuguese companies and performed an empirical analysis of the data. The findings from this work provide evidence that the supplier perceived indirect benefits and business partner pressures are most important to e-Procurement adoption while barriers have a negative impact on their adoption. The main critical success factors on e-Procurement adoption are also presented.

scholarly journals Critical Success Factors, Motivations, and Risks in Social Impact Bonds

2020 ◽  
Vol 12 (18) ◽  
pp. 7291
Author(s):  
Rosella Carè ◽  
Francesco Rania ◽  
Riccardo De Lisa
Keyword(s):  
Risk Factors ◽  
Private Sector ◽  
Critical Success Factors ◽  
Service Sector ◽  
Social Impact ◽  
Success Factors ◽  
Management Practices ◽  
Critical Success ◽  
Social Impact Bonds ◽  
Private Actors

Social impact bonds (SIBs) have emerged as one of the most innovative financial instruments designed to support the social service sector in the delivery of innovative social programs. Despite the growing interest of academics and practitioners in SIBs, the debate appears polarized around a series of recurrent aspects, and only a limited number of studies have sought to understand the risks and motivations related to similar initiatives. Using an exploratory approach based on a mixed-method grounded theory methodology, this study analyzed the results of 12 questionnaires that asked experts about their experiences and perceptions in SIB project development and implementation. The study identified and assessed three main groups of motivations, critical success factors, and risk factors by focusing on the private-sector SIB actors with the aim of understanding their motivations and their perceived main success drivers and risk factors. This work contributes to the knowledge on the conditions for attracting private sector actors and supporting policymakers in the development of new SIB models. The findings could facilitate the development of risk management practices for the purpose of stimulating the participation of private actors in SIB initiatives.

scholarly journals Lifelines engineering

1997 ◽  
Vol 30 (2) ◽  
pp. 194-200
Author(s):  
David R. Brunsdon
Keyword(s):  
New Zealand ◽  
Earthquake Engineering ◽  
Critical Success Factors ◽  
Success Factors ◽  
Future Developments ◽  
The Past ◽  
Critical Success

Significant developments have occurred in the field of lifelines engineering over the past decade both in New Zealand and internationally. In New Zealand, this period encompassed both the beginnings of lifelines engineering and its development into being an established discipline of earthquake engineering. This paper charts the progress of lifelines engineering during this time, outlines the key achievements and critical success factors and discusses current needs and future developments.

In Search of Successful Mobile Advertising

2010 ◽  
pp. 279-392
Author(s):  
Stuart J. Barnes ◽  
Eusebio Scornavacca ◽  
Jonathon McKenzie ◽  
Amy Carroll
Keyword(s):  
Critical Success Factors ◽  
Success Factors ◽  
Future Research ◽  
Mobile Advertising ◽  
Consumer Decision ◽  
Research And Practice ◽  
The Past ◽  
Critical Success ◽  
Business Perspective ◽  
Consumer Perspectives

The deployment of SMS-based marketing campaigns has been noted as a very successful mean of reaching consumers. With this mind, this chapter reports on three different studies that we have conducted aimed at better understanding what makes SMS marketing campaigns successful. The studies were conducted in the past four years and they explore business as well as consumer perspectives: (i) a consumer scenario perspective, which examines the importance of three factors in SMS advertising acceptance; (ii) a consumer decision perspective, which analyses the opt-in decision for an SMS campaign; and (iii) a business, perspective examining managers’ perceptions of the critical success factors in advertising campaigns. The paper rounds off with conclusions and recommendation for future research and practice in the area of mobile advertising.

scholarly journals Evaluating critical success factors for implementing smart devices in the construction industry

2019 ◽  
Vol 26 (8) ◽  
pp. 1625-1640 ◽  
Author(s):  
Manuel Alexander Silverio-Fernandez ◽  
Suresh Renukappa ◽  
Subashini Suresh
Keyword(s):  
Dominican Republic ◽  
Construction Industry ◽  
Construction Projects ◽  
Success Factors ◽  
Smart Devices ◽  
Successful Implementation ◽  
Construction Sector ◽  
Policy Makers ◽  
Content Type ◽  
Critical Success

Purpose The decentralisation of information and high rate of mobile content access in the construction industry provides an ideal scenario for improvement of processes via the implementation of the paradigm of the Internet of Things (IoT). Smart devices are considered as the objects interconnected in the IoT; therefore, they play a fundamental role in the implementation of digital solutions during the execution of construction projects. The purpose of this paper is to assess the critical factors for a successful implementation of smart devices in the construction industry. Design/methodology/approach An empirical study was performed in the Dominican Republic. This country, located at the heart of the Caribbean, presents an economy that strongly relies on the construction industry. Following a systematic approach, a qualitative data collection and analysis was performed based on semi-structured interviews and content analysis to professionals of construction companies in the Dominican Republic, enquiring the concept of smart devices and critical success factors for implementing the devices in the industry. Findings The key success factors obtained from the contestants were leadership, technology awareness, company size, usability of proposed solution, cost of implementation and interoperability. Originality/value This paper provides information to clients of the construction sector regarding the benefits of embedding smart devices into their business activities. Furthermore, this study provides a better understanding of the key factors to be considered by construction organisations when embedding smart devices into their projects. This study also provides recommendations for distinct stakeholders of the construction sector, such as policy makers, clients and technology consultants. Policy makers should especially consider factors such as technology awareness and leadership to develop the right policies for the integration of the IoT in construction projects. Technology consultants should be aware of the latest case studies of successful implementation of smart devices and IoT systems in the world in order to adapt and implement smart devices and IoT in their projects.

Factor analysis of critical success factors for water infrastructure projects delivered under public–private partnerships

2019 ◽  
Vol 24 (3) ◽  
pp. 338-357 ◽  
Author(s):  
Khotso Dithebe ◽  
Clinton Ohis Aigbavboa ◽  
Wellington Didibhuku Thwala ◽  
Ayodeji Emmanuel Oke
Keyword(s):  
Factor Analysis ◽  
Critical Success Factors ◽  
Success Factors ◽  
Public Private Partnerships ◽  
Private Capital ◽  
Water Infrastructure ◽  
Infrastructure Projects ◽  
Content Type ◽  
The Public ◽  
Critical Success

Purpose The role of public–private partnerships (PPP) as a strategic initiative to improve and accelerate service delivery in the form of newly built and revitalised water infrastructure assets in developing countries cannot be over-emphasised. Hence, the purpose of this study is to assess and highlight the importance of critical success factors for water infrastructure projects delivered under public–private partnerships. Design/methodology/approach A survey design was used and a questionnaire was administered to stakeholders who have participated in delivering water infrastructure assets in South Africa. Out of 150 administered questionnaires, only 91 were returned and usable for analyses, representing a 61 per cent response rate. The data gathered were then analysed using descriptive and factor analysis. Findings The study revealed that thorough planning for project viability, high levels of transparency and accountability and a legal framework stipulating policy continuity are the CSFs for delivering water infrastructure projects under the PPP initiative. The findings emerging from factor analysis owing to a close variance revealed the importance of the following grouped factors, namely, public cooperation, project viability and policy and legislation enhancement. Practical implications From the results, it is clear that the public sector, as the facilitator of infrastructure development, should create an environment that is conducive for private capital through political will and commitment and the enhancement of policy and legislation where there is no or minimal private participation. Originality/value Adequate infrastructure investment from private capital promises to flourish economically and improve the living conditions of the public in the cities and the country at large. To further guarantee the reality of PPPs at a local level, the host government must adequately engage and enlighten the public.

Organizational competency in urban water infrastructure asset management

2017 ◽  
Vol 44 (12) ◽  
pp. 1056-1070 ◽  
Author(s):  
Daryush Esmaili ◽  
Tamer E. El-Diraby
Keyword(s):  
Organizational Performance ◽  
Asset Management ◽  
Success Factors ◽  
Water Infrastructure ◽  
Policy Makers ◽  
Critical Success ◽  
Measurement Framework ◽  
Organizational Competencies ◽  
Quantitative Performance ◽  
Information And Knowledge Management

This paper presents an organizational performance measurement framework for guiding the development of organizational competencies to manage water infrastructure assets. The framework was validated through interviews and surveys with professionals. The framework includes three major dimensions for competency: technical activities, organizational management, and information and knowledge management. Across these levels, it presents 11 core critical success factors. It also provides a set of quantitative performance measures for municipal asset management teams and organizations. The framework serves as means to guide public policy makers in establishing policies and guidelines for enhancing municipal capacity in project management in the context of infrastructure assets. It also can help municipalities in defining gaps and areas of improvement. The framework is not intended to be universal. No model can make this claim given the drastic differences in legal and political setting in different jurisdictions. The proposed framework, however, can serve as a benchmark for other work in related contexts.

CSFs for Pre-Development Implementation of New Product Development in Small and Medium-Sized Enterprises

2011 ◽  
Vol 338 ◽  
pp. 171-176
Author(s):  
Noor Hidayah Abu ◽  
Baba M. Deros ◽  
Dzuraidah Abdul Wahab ◽  
Mohd Nizam Ab Rahman
Keyword(s):  
Pilot Study ◽  
New Product Development ◽  
Success Factors ◽  
Development Process ◽  
New Products ◽  
New Product ◽  
Medium Size ◽  
The Past ◽  
Critical Success ◽  
Systematic Identification

Success in the pre-development process is important for every organization in order to compete with competitors. In order to survive, organizations need to introduce new products in the marketplace drastically. In view of that, understanding critical success factors (CSFs) that contribute to successfully implementing pre-development is becoming more important. However, most of the past studies were conducted in large organizations; very little has been done in small and medium-size enterprises (SMEs). SMEs have certain limitations in terms of their financial, human, and technical resources that could hinder their progress towards implementing the pre-development. This paper reviews and analyses CSFs developed by previous authors in order to propose a set of CSFs, which were thought to be critical for SMEs. Besides, pre-testing with pre-development experts and SMEs practitioners, the questionnaire was also validated through a pilot study with fifty five SMEs. The questionnaire was designed comprising three compulsory activities of pre-development and CSFs for successful pre-development implementation. The final form of the questionnaire consists of twenty five items of pre-development activities within four constructs, and thirty six items of CSFs within nine constructs. Through systematic identification and validation, it is hoped that the set of CSFs could be used as guides for SMEs to implement the pre-development process successfully.

scholarly journals Forces affecting one Lean Six Sigma adoption process

2014 ◽  
Vol 5 (3) ◽  
pp. 324-340 ◽  
Author(s):  
Marcus Assarlind ◽  
Lise Aaboen
Keyword(s):  
Six Sigma ◽  
Success Factors ◽  
Lean Six Sigma ◽  
Adoption Process ◽  
Content Type ◽  
The Past ◽  
Critical Success ◽  
Future Success ◽  
Manufacturing Company ◽  
Current Point

Purpose – The purpose of this paper is to identify forces (in the form of converters and inhibitors) of Lean Six Sigma adoption by studying the gradual adoption of Lean Six Sigma in a medium-sized Swedish manufacturing company. The paper suggests how the converters and inhibitors interact toward increased maturity of the adoption and, in this case, stagnation thereof. Design/methodology/approach – Thirteen interviews were recorded and analyzed to identify converters that were moving the process forward or backward, as well as inhibitors that caused it to linger. Findings – It was discovered that activities that had initially moved the process forward were not sufficient to move it beyond its current point. However, an increased knowledge of Lean Six Sigma throughout the organization now prevents the process from moving in the opposite direction. In this medium-sized Swedish manufacturing company, Lean Six Sigma becomes a framework for thought and communication during Lean work. Research limitations/implications – The study benefited from considering forces pushing the process forward as well as backward. Thus, the authors suggest that future studies will benefit from focusing beyond critical success factors that may at times are static in nature. As a limitation, for discussions about the past, the memories of interviewees, generally, may have a tendency to be biased. Originality/value – The paper contributes knowledge of Lean Six Sigma adoptions and how they may attain greater future success by reporting on difficulties and setbacks in the current gradual adoption process in a chosen company.

Critical success factors for the digitalization of smart cities

2020 ◽  
Vol 19 (1) ◽  
pp. 69-86
Author(s):  
Balasubramaniam Krishnan ◽  
Seetharaman Arumugam ◽  
KoilaKuntla Maddulety
Keyword(s):  
Critical Success Factors ◽  
Success Factors ◽  
Smart Cities ◽  
The Past ◽  
Critical Success ◽  
Digital Integration ◽  
Inadequate Knowledge ◽  
Quality Of Living ◽  
The City

In the ‘industry 4.0’ era, the phenomenon of digitalization of smart cities has gained increasing prominence, as it has the potential to address the problem of resource optimization and the pressure of demand of the growing urban population. In the past, smart city initiatives may not have created desired impacts as these initiatives were limited in scope, focusing on physical digital integration of the underlying systems of cities and of their citizens. This article examines the success factors that affect the digitalization of smart cities based on secondary research. To achieve smart cities’ core objectives of increasing quality of living, providing efficient and optimal services, thereby making the functioning of the city smart through digitalization, it is essential to look at these critical success factors, namely, sustainability, ecosystems and digital citizen. The article points out important elements such as lack of governance of sustainability, methods and processes to enhance participation of digital citizens and inadequate knowledge about structures and value creation through ecosystems that would need to be addressed while digitalizing smart cities. Given the required policy attention and focus, these factors would be expected to make smart cities sustainable, improve the quality of life of citizens and create new economic opportunities, while digitalizing them.

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