Conceptualizing social impact: A geographic perspective

Tello, Mario A.

doi:10.1016/j.jbusres.2020.07.040

Cited by 15 publications

(9 citation statements)

References 78 publications

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“…When a company conducts an impact assessment, the focus is solely on the impact of the company's activities on the community. In addition, when companies are the main actors in impact assessments, the focus is on providing what is lacking in the community rather than on solving social problems [56]. However, engaging in CI initiatives requires active participation not by a single company, but by a number of stakeholders at both the micro-and macro-levels [78].…”

Section: Community Capital Frameworkmentioning

confidence: 99%

A Framework for Analyzing Co-Creation Value Chain Mechanisms in Community-Based Approaches: A Literature Review

Ohnishi,

Osako,

Nakamura

et al. 2024

Sustainability

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Community co-creation is critical for tackling complex challenges and building a sustainable future, and necessitates collaboration between public and private sectors to co-create value chains. This paper highlights existing frameworks and proposes a heuristic approach that integrates Collective Impact (CI), Social Impact Assessment (SIA), and Community Capital (CC). Through a narrative review, the paper explores how SIA and CC can empower CI by aligning objective data with community context, ensuring solutions that resonate with local needs, promoting equity by fostering inclusive participation and understanding diverse perspectives, and revealing valuable resources within communities and leveraging their strengths for sustainable development. Although the paper delves into roles and responsibilities for each sector involved in co-creation, it acknowledges limitations in areas such as leadership-capacity building for effective collaboration and long-term commitment, impact measurement methodologies that capture nuanced social change over time, and inclusion of diverse participation methods to ensure all voices are heard and represented. By addressing these limitations, the paper calls for further research and development to strengthen community-driven social change.

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Section: Community Capital Frameworkmentioning

confidence: 99%

A Framework for Analyzing Co-Creation Value Chain Mechanisms in Community-Based Approaches: A Literature Review

Ohnishi,

Osako,

Nakamura

et al. 2024

Sustainability

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“…Articles dealing with the social impact of sustainable building generally take a holistic approach and include the environmental and economic dimensions of impact. The social impact of the building refers to the consequences of real estate activities on users but also on the community at large, therefore people and the quality of the physical and natural environment (Tello, 2020). They involve interactions between the building and its users and their evaluation makes it possible to better characterize the social performance of sustainable buildings (Zuo & Zhao, 2014).…”

Section: Social Impactmentioning

confidence: 99%

“…The interactions go both ways: the potential effects, including the well-being brought by the building on humans, and vice versa, the occupants being able to contribute to the performance of the building at its different phases of life cycle. Social impact includes short-term and long-term effects, so it includes changes in human development and should include improving social welfare (Maas & Liket, 2011;Margolis & Walsh, 2003;Tello, 2020;Vanclay, 2002).…”

Section: Social Impactmentioning

confidence: 99%

Why does the concept of impact matter for the real estate sector?

De Serres,

Maldini

2023

29th Annual European Real Estate Society Conference

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The environmental, social, economic, institutional, and regulatory contexts in which organizations operate are increasingly critical and demanding when it comes to taking ESG issues into account.Corporate governance had to adapt and become increasingly sophisticated. The innovative organization must attest of the performance of its governance mode, its business model, and its sound management of ESG issues by measuring the impacts, both positive and negative, of its activities and decisions. We are entering a new era, the one of social, climate and ecological governance. The challenge is to identify the limits of the perimeter and the scope of these impacts, including their relationships with the different organizational levels.The overview of the academic and documentary literature on the concept of impact reveals its omnipresence in several frameworks and regulations, but also its importance in the development of major disclosure standards. The study of the nature of the impacts that must now be taken into consideration shows the preponderance of the environmental dimension, but also the complexity linked to the socio-economic dimension. In the real estate sector, the evaluation of the two-way impacts between the building and its natural and human ecosystem requires the integration of a multitude of research fields such as environmental psychology, social entrepreneurship, urban design, social life cycle analysis, etc. Indeed, the assessment of the impacts on the various stakeholders of the organization is multi-faceted, especially when it comes to assessing well-being.Their involvement seems essential for this exercise.

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“…Other, mostly non‐experimental, work offers evidence that access to credit reduces rural poverty, as well as highlights the challenges to implementing innovative financial products (Berhane & Gardebroek, 2011; Burgess & Pande, 2005; Kaboski & Townsend, 2011; Miranda & Gonzalez‐Vega, 2011; Möllmann et al, 2020). The present paper is also related to the literature on the role of distance, geographic diversification, and soft information, especially in the context of the focus on social impacts and the unprecedented rise of fintech and shadow banking (e.g., Bellucci et al, 2019; Bodlaj et al, 2020; Buchak et al, 2018; Castellani & Afonso, 2020; Erel & Liebersohn, 2020; Goetz et al, 2013; Nguyen, 2019; Rajan et al, 2015; Tello, 2020). Given the sustained interest in the role of microfinance products, a variety of economic agents in the developing world—creditors, investors, donors, and governments—can benefit from knowing whether MFIs' provision of financial services in both rural and urban credit markets lowers the costs and thus helps to improve outreach to the poor.…”

Section: Introductionmentioning

confidence: 99%

Scope economies from rural and urban microfinance services

Hartarska

Zhang

Nadolnyak

2023

Southern Economic Journal

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Microfinance institutions (MFIs) operate in both rural and urban credit markets and provide financial services to the poor not served by commercial banks. MFIs must keep operating costs low to better serve their clients. We evaluate whether MFIs can lower their costs by exploiting economies of diversification from serving both rural and urban markets rather than specializing in only one. We apply a novel method to estimate scope economies that minimizes the well‐known “excessive extrapolation” and accommodates MFIs' heterogeneity. Analyzing panel data on MFIs from 105 countries over 2008–2018, we find that about half of loan‐only MFIs benefited from diversification and enjoyed scope economies of 16.6% while over two thirds of savings‐and‐loan MFIs experienced scope diseconomies of 11.7% suggesting advantages from specialization. Over time, the declining magnitudes and the prevalence of scope (dis)economies in both groups suggest that loan‐only MFIs have been able to serve costlier marginal clients while savings‐and‐loan MFIs have been learning and decreasing their scope diseconomies. Stakeholders encouraging the transformation of MFIs into regulated savings‐and‐loan institutions that serve both rural and urban markets should be aware of the presence of scope diseconomies for that business type and offer adequate support.

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Conceptualizing social impact: A geographic perspective

Cited by 15 publications

References 78 publications

A Framework for Analyzing Co-Creation Value Chain Mechanisms in Community-Based Approaches: A Literature Review

A Framework for Analyzing Co-Creation Value Chain Mechanisms in Community-Based Approaches: A Literature Review

Why does the concept of impact matter for the real estate sector?

Scope economies from rural and urban microfinance services

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