Insights for Measuring Social Value: Classification of Measures Related to the Capabilities Approach
| Autor: | Rasheda L. Weaver, Shoko Kato, Shena R. Ashley |
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| Rok vydání: | 2017 |
| Předmět: |
Value (ethics)
Public Administration Sociology and Political Science Cost–benefit analysis business.industry Strategy and Management Field (Bourdieu) 05 social sciences Social change Environmental resource management Beneficiary 0506 political science Risk analysis (engineering) 0502 economics and business 050602 political science & public administration 050207 economics Business and International Management Social sector business Social policy |
| Zdroj: | VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations. 29:558-573 |
| ISSN: | 1573-7888 0957-8765 |
| DOI: | 10.1007/s11266-017-9912-7 |
| Popis: | The measurement of performance and the evaluation of social change efforts are vital yet challenging issues for practitioners and researchers in the social sector. Although tools exist to measure social value, they tend to focus on converting non-monetary costs and benefits into monetary terms to demonstrate the cost-effectiveness of operations. The capabilities approach provides a value-based alternative that could potentially enable a broader assessment of a project’s impact; this approach encapsulates societal-level factors, beneficiary perspectives, and a more holistic view of a beneficiary’s life. Ultimately, our goal is to raise the following question in the social sector field: what might a capabilities approach to social value measurement that is suitable for practical application by social sector organizations look like? The purpose of this article is to introduce the theoretical framework and to present what some of the measures and instruments might look like, at least in part, based on applications in other contexts. |
| Databáze: | OpenAIRE |
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