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Book part
Publication date: 8 January 2021

Gonca Ongan and Agata Fortuna

Collecting data on social impact and using it in decision-making process in organisation in order to maximise the social value created for people unfortunately is not yet…

Abstract

Collecting data on social impact and using it in decision-making process in organisation in order to maximise the social value created for people unfortunately is not yet the common practice among social impact actors in Turkey. While the importance of allocating the resources in the most impactful way grows due to the pressing need to tackle increasing social inequalities, the social impact management practices of organisations aiming to contribute to the solution and create positive social impact lag behind. The chapter presents the current approaches and practices on social impact measurement and management of social impact actors in Turkey based on experience of Koç University Social Impact Forum.

Details

Generation Impact
Type: Book
ISBN: 978-1-78973-929-9

Keywords

Article
Publication date: 8 February 2011

Tuuli Pärenson

The aim of this paper is to determine the criteria for a solid impact evaluation in social entrepreneurship. The solid impact evaluation method is needed for building the…

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Abstract

Purpose

The aim of this paper is to determine the criteria for a solid impact evaluation in social entrepreneurship. The solid impact evaluation method is needed for building the bridge between two separate discourses of social entrepreneurship: the discourses of protectionists of social entrepreneurship, who believe without empirical proof that social enterprises are effective and the opponents or doubters in social entrepreneurship, who need empirical proof of the effectiveness of social enterprises.

Design/methodology/approach

The criteria for a solid impact evaluation discourse of social entrepreneurship are determined and its impact evaluation is analysed based on literature.

Findings

A solid social impact evaluation method should be able to analyse: the social impact of the organisation and not only the financial allocation and outcome; differences in the impact of two organisations which are operating in the same field; and the selection of target group and analysis of all the impacts of the activities.

Research limitations/implications

The list of criteria for a solid impact evaluation might not be complete as it is based on literature review only. As there is a considerable gap between the discourse of protectionists and opponents of social entrepreneurship, additional analyses are required to analyse the discourse of practitioners of social entrepreneurship.

Practical implications

The current study could be used for practitioners as well as for politicians while preparation for the negotiations with the representatives with other sectors as it brings out some of the common topics that are misunderstood by different parties.

Originality/value

This paper takes the first step toward a construction of a solid impact evaluation model. Evaluating the social impact of social enterprises with a solid model could bring closer the discourses of social enterprises used by protectionists and opponents of social entrepreneurship.

Details

Society and Business Review, vol. 6 no. 1
Type: Research Article
ISSN: 1746-5680

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Article
Publication date: 10 May 2022

Kate Ruff, Pier-Luc Nappert and Cameron Graham

This paper aims to understand how social finance and impact measurement experts include stakeholders' voices in valuations of social and environmental impact.

Abstract

Purpose

This paper aims to understand how social finance and impact measurement experts include stakeholders' voices in valuations of social and environmental impact.

Design/methodology/approach

The paper used the content analysis of an online discussion forum where experts discussed impact valuation approaches.

Findings

Many experts seek impact valuations that take into account the experiences of those whose lives are most affected. Ideally, these accounts need to be emic to (in the language of) those stakeholders, and polyvocal (representing many different stakeholders' voices). However, these experts also seek to effect systemic change by encouraging mainstream financial markets to use social and environmental valuations in their decision-making. These experts consider full plurality too complex to be useable by financial markets, so the experts argue in favor of etic valuations (stated in the language of investors), to appeal to mainstream finance, while endeavoring nonetheless to represent multiple stakeholders' voices. The authors identify two discursive strategies used to resolve this tension: effacing of differences between diverse stakeholders, and overstating the universality of money as a common language.

Social implications

The terms emic and polyvocal provide experts with nuanced ways to understand “stakeholder voice.” The authors hope these nuances inspire new insights and strategies and help the community with their goal of bridging to mainstream finance.

Originality/value

The paper presents a theoretical framework for describing plurality in impact valuations and examines the challenges of bridging from social finance, which seeks to give voice and representation to those whose lives are most affected, to mainstream finance.

Details

Accounting, Auditing & Accountability Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0951-3574

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Abstract

Details

The Purpose-Driven University
Type: Book
ISBN: 978-1-83867-283-6

Abstract

Details

Return on Investment in Corporate Responsibility
Type: Book
ISBN: 978-1-78756-252-3

Article
Publication date: 18 March 2022

Argyrios Loukopoulos and Dimitra Papadimitriou

The repercussions of the COVID-19 pandemic and the organizational scaling strategies of the social impact are still under-researched and remain one of the most significant…

Abstract

Purpose

The repercussions of the COVID-19 pandemic and the organizational scaling strategies of the social impact are still under-researched and remain one of the most significant issues in the social entrepreneurship field, with scarce empirical research so far. This paper aims to present the organizational growth strategies that Greek social enterprises have used to scale their social impact during the COVID-19 pandemic.

Design/methodology/approach

Building on development studies, organization theory and social movement research, this study addresses how Greek social enterprises scale their social impact following organizational growth strategies during the pandemic, based on a sample of ten social enterprises and following a qualitative method approach through a multiple case study.

Findings

Results highlight that during the COVID-19 pandemic, the organizational scaling of social enterprises has supported social impact through expanding services, building new interorganizational collaborations and serving additional beneficiaries. Furthermore, new and viable growth strategies include advocacy-oriented scaling for resources and local and remote markets through prompt digitalization.

Originality/value

To the best of the authors’ knowledge, this paper is the first systematic attempt to explore the organizational scaling strategies undertaken by Greek social enterprises in the context of the difficulties placed by the COVID-19 crisis. What emerged from this study was a new prominent organizational scaling strategy of the social enterprises’ social impact called strategic organizational change.

Details

Social Enterprise Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-8614

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Article
Publication date: 16 August 2021

Nur Azreen Zulkefly, Norjihan Abdul Ghani, Christie Pei-Yee Chin, Suraya Hamid and Nor Aniza Abdullah

Predicting the impact of social entrepreneurship is crucial as it can help social entrepreneurs to determine the achievement of their social mission and performance…

Abstract

Purpose

Predicting the impact of social entrepreneurship is crucial as it can help social entrepreneurs to determine the achievement of their social mission and performance. However, there is a lack of existing social entrepreneurship models to predict social enterprises' social impacts. This paper aims to propose the social impact prediction model for social entrepreneurs using a data analytic approach.

Design/methodology/approach

This study implemented an experimental method using three different algorithms: naive Bayes, k-nearest neighbor and J48 decision tree algorithms to develop and test the social impact prediction model.

Findings

The accurate result of the developed social impact prediction model is based on the list of identified social impact prediction variables that have been evaluated by social entrepreneurship experts. Based on the three algorithms' implementation of the model, the results showed that naive Bayes is the best performance classifier for social impact prediction accuracy.

Research limitations/implications

Although there are three categories of social entrepreneurship impact, this research only focuses on social impact. There will be a bright future of social entrepreneurship if the research can focus on all three social entrepreneurship categories. Future research in this area could look beyond these three categories of social entrepreneurship, so the prediction of social impact will be broader. The prospective researcher also can look beyond the difference and similarities of economic, social impacts and environmental impacts and study the overall perspective on those impacts.

Originality/value

This paper fulfills the need for the Malaysian social entrepreneurship blueprint to design the social impact in social entrepreneurship. There are none of the prediction models that can be used in predicting social impact in Malaysia. This study also contributes to social entrepreneur researchers, as the new social impact prediction variables found can be used in predicting social impact in social entrepreneurship in the future, which may lead to the significance of the prediction performance.

Details

Internet Research, vol. 32 no. 2
Type: Research Article
ISSN: 1066-2243

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Article
Publication date: 3 August 2021

Erica Hevellin da Silva Siqueira, Adriana Bin and Rachel Cavalcanti Stefanuto

The purpose of this study is to characterize output and impact evaluation initiatives from the perspective of entrepreneurs and investors of social enterprises (SE) by…

Abstract

Purpose

The purpose of this study is to characterize output and impact evaluation initiatives from the perspective of entrepreneurs and investors of social enterprises (SE) by highlighting their relevance, implementation processes and consequences.

Design/methodology/approach

This study adopted a qualitative approach through a multiple case study. This study also analyzed ten SE in five areas and three investors, using semi-structured interviews, codification and content analysis.

Findings

Evaluation is still at an initial stage in these businesses, and there is a gap between what the field-specific literature proposes and what firms do. Although entrepreneurs feel that evaluation is essential to demonstrate their value and confirm their purpose and impact, it is not a priority.

Research limitations/implications

Due to the small number of Brazilian enterprises and investors, it is impossible to generalize the results.

Practical implications

The results are relevant to rethink strategies, processes and methodological tools that seek to portray, more realistically and reliably, the evaluation dimensions in SE.

Social implications

This study highlights the risk regarding the legitimacy of social impact ventures since, without the due causal inferences, it is not easy to prove the impact they claim to achieve. This situation conducts to the weakening of the ecosystem leading to the emptying of the term impact.

Originality/value

The main research contributions address the methodologies, practices and evaluation routines of some Brazilian SE and their investors, presenting the characteristics, perceptions and limitations of the studied ventures.

Details

Social Enterprise Journal, vol. 17 no. 4
Type: Research Article
ISSN: 1750-8614

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Article
Publication date: 11 September 2020

Tiago Ribeiro, Abel Correia and Rui Biscaia

Despite the recognition that citizens' perceptions of mega sport events' social impact is critical for the sustainable development of these events and host cities, most…

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Abstract

Purpose

Despite the recognition that citizens' perceptions of mega sport events' social impact is critical for the sustainable development of these events and host cities, most previous studies have not taken into consideration how these perceptions may change over time. This study examines citizens' social impact perceptions of the 2016 Rio Olympic Games before and after the event.

Design/methodology/approach

Data were collected amongst local residents of Rio de Janeiro pre- and post-event (n = 256). A confirmatory factor analysis (CFA) analysed the psychometric properties of the proposed social impact constructs. Subsequently, a multigroup analysis and latent mean comparisons were conducted to test social impact perceptions pre- and post-event.

Findings

The multigroup CFA showed factorial stability of the social impact model in both periods, while the latent mean comparisons revealed significant differences in the dimensions of social experiences, city image and community pride enhancement, public infrastructures and social conflicts. Results indicated that the perception of positive impacts tends to increase, while perceived negative impacts decrease from pre- to post-event.

Social implications

The social effects of hosting sport mega events result in a short-term change in attitudes towards the local community, leading to a better comprehension on how communities perceive the event's impact on their lives.

Originality/value

In a highly complex mega event such as the Olympic Games, any change may influence residents' perceptions. The findings of this study demonstrate the importance of residents for determining support or opposition in hosting the event, allowing a better understanding of the exchange effects.

Details

Sport, Business and Management: An International Journal, vol. 11 no. 2
Type: Research Article
ISSN: 2042-678X

Keywords

Article
Publication date: 31 January 2020

Petra Tausl Prochazkova and Marta Noskova

This paper aims to investigate the issue of performance measurement of social enterprises with main particular focus on economic performance approach reflecting local…

Abstract

Purpose

This paper aims to investigate the issue of performance measurement of social enterprises with main particular focus on economic performance approach reflecting local aspect, since the local aspect plays a significant role in social entrepreneurship concept. Thus, comparison of two instruments that consider local aspects: local multiplier 3 (LM3) and Input-Output analysis is examined. Input-Output analysis is empirically used to calculate social enterprises’ impact on the Czech economy and to confirm the assumption to be more suitable instrument for economic performance measurement of social enterprises in comparison to local multiplier 3 method.

Design/methodology/approach

The research adopted two-phase approach. At first a qualitative approach was used to compare the two selected instruments (LM3 and Input-Output analysis). Consequently, a quantitative research was applied to determine the impact of social enterprises’ activities on the economies of individual regions. The research was carried out on a sample of social enterprises (143 subjects) in the Czech Republic covering the year 2015. For this approach, Symmetric Input-Output tables and multipliers were calculated and revenue data from each observed social enterprise were used.

Findings

The findings of the research indicate effects of social enterprises’ activities on the economy in individual regions of the Czech Republic. The results clearly show that the impact of social enterprises on the Czech economy is not negligible. Calculated impacts differ in sectors as well as in regions. Besides, of these findings, the assumption that the Input-Output analysis is more appropriate instrument for economic performance measurement of social enterprises, especially in situation of a larger sample of social enterprises in different regions, in comparison to LM3 method, was confirmed.

Research limitations/implications

The limitations of this study is the dependence on the Symmetric Input-Output tables, which are usually published by local statistical offices and it takes some time to construct them. A more significant limitation and future research direction relates to the lack of generally accepted measurement framework in the sector of social enterprises and lack of the data, especially quantitative, in the Czech Republic.

Practical implications

The findings of the research represent a significant contribution to the process chain of understanding the role of social enterprises in (local) economy. The lack of proven impact of social enterprises to economy is considered as important limit of this sector development, not only from the perspective of investors and donors but also from the perspective of policymakers and even social enterprises themselves. The Input-Output analysis can be applied for any region of any country and can contribute to reduce scepticism about economic performance of social enterprises, thus to support putting social and environmental goals of social enterprises into practice.

Social implications

This research has been carried out on the so far largest identified sample of social enterprises in the Czech Republic and provides data for discourse among stakeholders about social enterprises’ impact; thus, it enables to understand their impact and make capable to enlarge their support network and development.

Originality/value

This research is a pioneering attempt to provide data about economic impact of social enterprises using Input-Output analysis in the Czech Republic. No previous research identifies such a large sample of Czech social enterprises and collects quantitative data about them, as well as considers Input-Output analysis as an option instead of LM3 method. The effort of this research has been to react on a research gap in studies related to the impact of social enterprises (reflecting local aspect). This paper could be understood as beneficial not only from the perspective of the Czech Republic but also worldwide.

Details

Journal of Entrepreneurship in Emerging Economies, vol. 12 no. 4
Type: Research Article
ISSN: 2053-4604

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