Developing a Conceptual Framework for Comparing Social Value Creation

Kroeger, Arne; Weber, Christiana

doi:10.5465/amr.2012.0344

Cited by 291 publications

(242 citation statements)

References 130 publications

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“…The main challenge of the measure of social value is to ensure comparability between different activities or entities (Kroeger and Weber, 2014). To solve this problem, Social Return On Investment (SROI) methodology estimates the monetary equivalent of social value created and compare this equivalent to input used (also monetized).…”

Section: Overview Of Existing Measuresmentioning

confidence: 99%

“…To solve this problem, Social Return On Investment (SROI) methodology estimates the monetary equivalent of social value created and compare this equivalent to input used (also monetized). To overcome the monetization problem Kroeger and Weber (2014) propose to compare the subjective wellbeing (subjective satisfaction) generated by different social programs. Nevertheless, if this approach theoretically solves the problem, practically, it seems to be quite difficult to implement.…”

Section: Overview Of Existing Measuresmentioning

confidence: 99%

“…Moreover, even if at the moment most of the investees are non-listed firms, the development of impact investing towards listed ones will require such performance tools. The diversity of supports for these firms (from foundations to private investors) makes it necessary to provide for transparency and accountability (Nicholls, 2009), so that these diversified providers of funds can compare targets and choose to finance the most effective ones (Kroeger and Weber, 2014). The business model of impact investees is often new, what makes it difficult to apply statistical tools and traditional financial analysis (Chell, 2007).…”

Section: Introductionmentioning

confidence: 99%

“…They constitute a specific category of non-for-profit organizations, developing innovative ways to tackle complex social problems and fill in the insufficiencies of other non-for-profit organizations. To do so, they take advantage of the combination of social and business logics (Bugg-Levine and Emerson, 2011;Kroeger and Weber, 2014), searching for a blended value (Emerson, 2003 and the "Blended value proposition"). Already in 2002, Lynn Sharpe Pain supported the idea that to be considered as superior performing firms, they had to turn to a shift in value, and consider, besides the financial performance, non-financial one (Sánchez, 2003).…”

Section: Introductionmentioning

confidence: 99%

“…Social value creation can be defined as "measuring these wider outcomes that can be directly attributed to the actions of an organization after taking into account what would have happened anyway and the contribution of others" (Mulgan, 2010). Existing approaches of social value creation are based on different theoretical frameworks, which are reviewed and discussed by Kroeger and Weber (2014). They develop a framework combining "literature on subjective well-being and the literature on organizational effectiveness theory into not-forprofit and social entrepreneurship".…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

Performance of impact investing: A value creation approach

Viviani¹,

Maurel

2019

Research in International Business and Finance

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The purpose of this article is to present an overview about the origins of value creation in impact investing and propose a measure of value creation. According to this point of view, impact investing, i.e. investing in enterprises with a both social and financial objective can be justified only if those enterprises can provide for a higher performance than with a simple portfolio diversification (separate investment in two types of activity). After an overview about the sources of value creation in impact investees as well as about a discussion on existing methods, we propose a method to measure multidimensional value creation.

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Section: Overview Of Existing Measuresmentioning

confidence: 99%

Section: Overview Of Existing Measuresmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Performance of impact investing: A value creation approach

Viviani¹,

Maurel

2019

Research in International Business and Finance

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Inclusive business and partnerships: Enhancing value creation for producers in the global south

Weng,

Pokorny,

Schoneveld

et al. 2024

Bus Strat Dev

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Inclusive businesses (IBs) are promoted to alleviate poverty and contribute to sustainable development at the base of the pyramid (BOP). In the agri‐food sector, there is limited evidence regarding what types of partnerships enhance IBs' value creation potential for low‐income producers. This prevents policymakers from providing effective support to IBs and leveraging their full potential for sustainable development. To understand what types of partnerships are more effective for social value creation, this paper conducts a mixed‐method analysis of 46 cases from Tanzania and Ghana. It finds that transactional partnerships create efficient IB networks that require limited external support. Such IBs, however, generally undertake business‐as‐usual activities. In contrast, IBs adopt more innovative business models when their partners are integrated in decision‐making and strategic planning. Such IBs, however, often require tailored support to resolve their inter‐ and intra‐organizational challenges. This paper suggests practical considerations for designing IB partnerships to maximize impact potential.

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From negative to positive sustainability performance measurement and assessment? A qualitative inquiry drawing on framing effects theory

2022

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Current approaches to sustainability performance primarily capture the reduction of negative impacts, but are rather silent about creating positive sustainability performance (PSP). This paper draws on framing effects theory to argue why interviewees in our abductive single case study of the life cycle of a laundry detergent struggled to identify PSP. Based on the theory and our findings, we argue that negative sustainability performance is a “sticky” frame in individual perception, and propose a research agenda for PSP that discusses three research routes and key determinants (i.e., systemic mindsets, collective goals and collaboration, and a balanced view for sustainable value) to explain how the dominant negative frames can be overcome to advance PSP. This study contributes to the sustainability management and performance literature by illuminating a current blind spot (PSP) and how the dominant negative frame can be overcome.

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Developing a Conceptual Framework for Comparing Social Value Creation

Cited by 291 publications

References 130 publications

Performance of impact investing: A value creation approach

Performance of impact investing: A value creation approach

Inclusive business and partnerships: Enhancing value creation for producers in the global south

From negative to positive sustainability performance measurement and assessment? A qualitative inquiry drawing on framing effects theory

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