The Tentative Promise of Social Return on Investment

IF 1.1 3区 社会学 Q2 SOCIAL SCIENCES, INTERDISCIPLINARY
Kim M. Siegal
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引用次数: 0

Abstract

Social return on investment (SROI), an evaluation method that compares monetized social value generated to costs invested, is in ascendance. Conceptually akin to cost–benefit analysis, it shares some of its challenges; however, these are heightened due to the expressed promise of using SROI to compare programs and inform philanthropic and public investment decisions. In this paper, I describe the landscape of SROI studies to date, including a review of a representative sample of SROI evaluations, which have been vetted by Social Value International. I also draw on the experience of an organization that has used SROI in earnest as a decision-making tool to provide an assessment of both the methods that underpin it and the ways in which it is applied. I conclude by offering some recommendations to consider to get the most value from this evaluation method while avoiding some potential pitfalls.
社会投资回报的初步承诺
社会投资回报率(SROI)是一种将产生的货币化社会价值与投资成本进行比较的评估方法,目前正在兴起。在概念上类似于成本效益分析,它也面临一些挑战;然而,由于明确承诺使用SROI来比较项目并为慈善和公共投资决策提供信息,这一点得到了加强。在本文中,我描述了迄今为止SROI研究的概况,包括对SROI评估的代表性样本的回顾,这些评估已经过社会价值国际的审查。我还借鉴了一个组织的经验,该组织认真地将自律组织作为决策工具,对支撑自律组织的方法和应用自律组织的方式进行了评估。最后,我提出了一些建议,以考虑从这种评估方法中获得最大价值,同时避免一些潜在的陷阱。
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来源期刊
American Journal of Evaluation
American Journal of Evaluation SOCIAL SCIENCES, INTERDISCIPLINARY-
CiteScore
4.40
自引率
11.80%
发文量
39
期刊介绍: The American Journal of Evaluation (AJE) publishes original papers about the methods, theory, practice, and findings of evaluation. The general goal of AJE is to present the best work in and about evaluation, in order to improve the knowledge base and practice of its readers. Because the field of evaluation is diverse, with different intellectual traditions, approaches to practice, and domains of application, the papers published in AJE will reflect this diversity. Nevertheless, preference is given to papers that are likely to be of interest to a wide range of evaluators and that are written to be accessible to most readers.
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