Developments in Social Impact Measurement in the Third Sector: Scaling Up or Dumbing Down?
| Autor: | Colin Dey, Jane Gibbon |
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| Rok vydání: | 2011 |
| Předmět: | |
| Zdroj: | BASE-Bielefeld Academic Search Engine |
| ISSN: | 2156-2245 0969-160X |
| DOI: | 10.1080/0969160x.2011.556399 |
| Popis: | This paper outlines the merits of two approaches to social impact measurement that are currently the subject of debate within the third sector: social accounting and audit (SAA) and social return on investment (SROI). Although there are significant similarities between the methods, a number of important differences remain. In particular, while SAA involves a more ‘conventional’ mix of narrative and quantitative disclosures, SROI outcomes are more explicitly quantitative and reductive. This is most evident in the production of the ‘SROI ratio’, which calculates a monetised ‘return’ on a notional £1 of investment. In the UK, with available resources becoming increasingly scarce, the third sector is facing demands for increased accountability as well as being encouraged to ‘scale up’ in preparation for assuming greater responsibility for public service delivery. In this context, it is easy to see why the simplicity and clarity of SROI is attractive to policy-makers, fundraisers and investors, who are keen to... |
| Databáze: | OpenAIRE |
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