Outcomes-based contracts and the hidden turn to public value management

Kimmitt, Jonathan; Muñoz, Pablo

Publication:
Outcomes-based contracts and the hidden turn to public value management

dc.contributor.author	Kimmitt, Jonathan
dc.contributor.author	Muñoz, Pablo
dc.date.accessioned	2023-08-04T20:29:01Z
dc.date.available	2023-08-04T20:29:01Z
dc.date.issued	2023
dc.description.abstract	Despite long-standing criticisms of the paradigm, New Public Management (NPM) retains a strong influence over organizationsin public administration. Social Impact Bonds (SIB) are anoutcomes-orientedinvestment entity which has emerged from NPMwith grand promises of social change. Building on a longitudinal case study of a health-basedSIB, this paper identifies how key actors move away from NPMbyresisting such management principlesand shifttoward Public Value Management (PVM). The paper finds that this is possible when the public interest and performance objectives are designed with a public value orientation whilst other NPM principles shift over time through resistance and negotiation. The paper provides insight into how key actors re-organizeto embed public value in a financing and public service delivery structure that is often regarded as flawed and inefficient.The paper offers several contributions to public value literature, including the role of the state, as well as the emerging literature on SIBs and outcomes-based contracts.
dc.description.version	Versión aceptada
dc.identifier.citation	Kimmitt, J. and Muñoz, P. (2023) Outcomes-Based Contracts and the Hidden Turn to Public Value Management. Organization© Sage Journals
dc.identifier.uri	https://repositorio.udd.cl/handle/11447/7848
dc.language.iso	en
dc.subject	New public management
dc.subject	Outcomes-based contracts
dc.subject	Social impact bonds
dc.subject	Social investment
dc.subject	Public value management
dc.title	Outcomes-based contracts and the hidden turn to public value management
dc.type	Article
dcterms.accessRights	Acceso abierto
dcterms.source	Organization
dspace.entity.type	Publication
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