The Social Performance of University Social Responsibility Elderly Project: The Perspective of Social Return on Investment

Author(s):  
Ya-Lan Chan ◽  
Sue-Ming Hsu ◽  
Neo Koe Hsin ◽  
Mei-Hua Liao
AdBispreneur ◽  
2019 ◽  
Vol 3 (2) ◽  
pp. 153
Author(s):  
Meilanny Budiarti Santoso ◽  
Rivani . ◽  
Slamet Usman Ismanto ◽  
Idim Mumajad ◽  
Hendri Mulyono

ABSTRACTCorporate social responsibility is the company's obligation, especially in the extractive sector, which ideally is a form of corporate social investment, so that it can be measured and profitable. This article wants to uncover how companies can find out the impact of social investment, which is by using the Social Return on Investment method. Based on a study assessment the impact of social investment from the Baramulyo Posdaya Development Program, the SROI Ratio was 3.70, meaning that each investment was Rp. 1, - get an impact or benefit worth Rp. 3.70, -. The biggest benefit of Posdaya Baramulyo is on increasing access to PAUD schools, which is 66.5% of the total value of the outcome, then increasing income by 14.09% of the total value of the outcome, increasing the growth of PAUD growth by 12.66% of the total value of the outcome, and the elderly felt fitter and healthier at 5.73% of the total value of the outcome. When viewed from a socio-economic perspective, the Posdaya Baramulyo program can be said to be feasible and successful. ABSTRAKCorporate social responsibility merupakan kewajiban perusahaan khususnya bidang ekstraktif yang secara ideal adalah wujud investasi sosial perusahaan, sehingga dapat terukur dan menguntungkan. Artikel ini ingin mengungkap bagaimana perusahaan dapat mengetahui dampak investasi sosial yang dilakukannya, yaitu dengan menggunakan metode Social Return on Investment. Berdasarkan studi penilaian dampak investasi sosial dari Program Pengembangan Posdaya Baramulyo diperoleh SROI Ratio sebesar 3,70 artinya bahwa setiap investasi Rp. 1,- memperoleh dampak atau manfaat senilai Rp. 3,70,-. Manfaat terbesar dari Posdaya Baramulyo adalah pada peningkatan akses sekolah PAUD yaitu sebesar 66,5% dari total nilai outcome, kemudian peningkatan pendapatan sebesar 14,09% dari total nilai outcome, peningkatan tumbuh kembang PAUD sebesar 12,66% dari total nilai outcome, dan para lansia merasa lebih bugar dan sehat sebesar 5,73% dari total nilai outcome. Bila ditinjau dari sisi sosial ekonomi, maka program Posdaya Baramulyo dapat dikatakan layak dan berhasil.


AdBispreneur ◽  
2020 ◽  
Vol 5 (1) ◽  
pp. 15
Author(s):  
Meilanny Budiarti Santoso ◽  
Santoso Tri Raharjo ◽  
Sahadi Humaedi ◽  
Hendri Mulyono

The Corporate Social Responsibility (CSR) activities carried out by companies should ideally be a social investment for them. The activities should not necessarily be aimed to meet their responsibilities since it would only bring a short-term good reputation and even potentially be a threat for them in the future. Indeed, as a social investment, the Corporate Social Responsibility (CSR) activities that are run for a long time will provide them with a business ‘change’ or ‘return’ in the form of profit for the company. The method used to measure the social impact of the CSR activities was Social Return on Investment (SROI) which not only could calculate the value of profits in the form of money, but included a broader concept covering social, economic and environmental values. The results of this study reveal that Sentra Industri Bukit Asam (SIBA) Batik Kujur Program that was initiated based on culture (history) has produced economic and business values for service users in the society. This resulted in a social investment impact value in the form of SROI Ratio of 5.39, which means that for every investment made by PTBA with Rp. 1,- they will get impact or benefit worth Rp. 5.39,-. Therefore, it can be seen from the social and economic values that the Sentra Industri Bukit Asam (SIBA) Batik Kujur Program is feasible and successful. Kegiatan corporate social responsibility (CSR) yang dilakukan perusahaan idealnya dilaksanakan sebagai sebuah investasi sosial, bukan sekedar kegiatan yang bersifat sementara untuk menunjukkan tanggung jawab saja, karena hal demikian hanya akan mendatangkan citra baik sesaat dan akan menjadi ancaman bagi perusahaan di kemudian hari. Sebagai sebuah investasi sosial, pelaksanaan kegiatan CSR dalam jangka panjang akan mendatangkan “kembalian” (return) bisnis berupa profit bagi perusahaan. Metode yang digunakan untuk mengukur dampak sosial dari kegitan CSR adalah dengan menggunakan social return on investment (SROI) yang tidak hanya menghitung nilai keuntungan berupa uang saja, melainkan mencakup konsep yang lebih luas yaitu meliputi nilai sosial, ekonomi dan juga lingkungan. Hasil kajian menunjukkan bahwa Program Sentra Industri Bukit Asam (SIBA) Batik Kujur yang diinisiasi dengan berbasis pada budaya (sejarah) telah menghasilkan nilai ekonomi dan bisnis bagi masyarakat penerima program, yaitu menghasilkan nilai dampak investasi sosial berupa SROI Rasio sebesar 5,39 artinya bahwa setiap investasi yang dilakukan oleh PTBA sebesar Rp. 1,- memperoleh dampak atau manfaat senilai Rp. 5,39,-. Bila ditinjau dari sisi sosial dan ekonomi, maka program Sentra Industri Bukit Asam (SIBA) Batik Kujur dapat dikatakan layak dan berhasil.


2016 ◽  
Vol 103 ◽  
pp. 289-301 ◽  
Author(s):  
Kelly J. Watson ◽  
James Evans ◽  
Andrew Karvonen ◽  
Tim Whitley

2021 ◽  
Vol 11 (2) ◽  
pp. 203-212
Author(s):  
Nurhazana Nurhazana ◽  
Muhammad Luthfi iznillah ◽  
Sahat Roy Pianto

The purpose of this study is to see the impact of the CSR program of PT Pertamina RU II Sei Pakning through the analysis of Social Return on Investment and sensitivity. This research is descriptive quantitative by utilizing primary and secondary data. Primary data consists of data obtained from processing observational data and secondary data obtained from various literature sources. Based on the results of the SROI calculations for the four programs, it can be concluded that the social investment made for each program is feasible because all programs have a positive SROI score (more than 1) during the program implementation plan. In accordance with the results of the SROI calculation analysis, four programs from PT Pertamina RU II Sungai Pakning have generated benefits that are greater than the program costs. However, there are still opportunities to increase and expand the scope of benefits from the four programs.


2020 ◽  
Vol 2 (2) ◽  
pp. 15-22
Author(s):  
Veronica Sri Astuti

This study aims to determine the impact / benefits of the CSR Mikrohydro program by PT. PJB UP Paiton in Andungbiru Village, Probolinggo Regency. This can be seen by using the Social Return On Investment (SROI) analysis. Andungbiru Village is a village that is located very remote and is a mountainous area, where the electricity infrastructure is from very minimal even almost unusable. CSR Mikrohydro by PT. PJB UP Paiton helps the people of Andungbiru Village by reactivating the PLTMH (Micro Hydro Power Plant) which once existed during the Dutch colonial era. SROI analysis shows that CSR Mikrohydro by PT. PJB UP Paiton in Andungbiru Village has succeeded in providing benefits and empowering the Andungbiru Village community economically and socially, as well as maintaining environmental sustainability. Keywords: Social Return On Investment; CSR


2017 ◽  
Vol 10 (5) ◽  
pp. 1
Author(s):  
Vasiliki A. Basdekidou ◽  
Artemis A. Styliadou

This article examines the relationship between corporate social responsibility performance (CSR.P) and market trading volatility (MTV) provoking by the release of the non-farm employment payment-reports (NFP) the first Friday each month in the USA. It also discusses the trading opportunities involved in such as volatile environments. Actually, we consider the interaction between the social performance (for environment, employment and community activities) and the financial and trading performance than would be the case for an accumulated functionality in NFP releases. In general, social performance returns are negatively related to trading returns; so, the relatively poor financial and market trading reward (profit), offered by socially responsible ethical ETFs trading the NFP reports, is in accordance to their good social performance regarding employment and environmental aspects. This could be changed if these ethical ETFs incorporate into their arsenal of trading tools a number of CSR.mtv functions (utilities) discussed in this article. Impressively, we find also that considerable bizarre returns are obtained by funds, holding a portfolio of socially least unethical ETFs, involved in short-term or intraday speculations. In this domain, the complex relationship between social, financial and market trading performance, during the NFP “psychological time”, offers great trading opportunities.


2019 ◽  
Vol 29 (Supplement_4) ◽  
Author(s):  
A Stielke ◽  
M Dyakova ◽  
K Ashton ◽  
T van Dam

Abstract Background Health literacy (HL) allows people to make informed decisions regarding their health, enabling them to understand health promotion activities and to self-manage their disease or complication without requiring support from healthcare services. HL has the potential to support sustainability in health systems by decreasing healthcare spendings stemming from lowered disease occurrence and progression, it can also impact on the rest of peoples’ lives and their surroundings by allowing them to be more independent. This study researched the evidence for return on investment and the social return on investment for health literacy interventions within the WHO EURO region. Methods A narrative literature review on published peer-reviewed reviews and grey literature was conducted by use of keywords and MeSH terms. Google, Google Scholar and PubMed were used find literature. The search on PubMed was restricted to reviews, published within the last 10 years (2009-2019), in English. Results In total, 450 publications were screened 12 publications that analysed the economic or social aspect of HL interventions were identified. Five discussed the cost-effectiveness of health literacy, three the return on investment (ROI) and the remaining three the social return on investment (SROI) of HL. Types of HL interventions ranged from health promotion campaigns, web-based HL programs, prevention systems to education-based interventions. Cost-effectiveness differed between studies and fields. Evidence for ROI was found, the return ratios ranged from 0.62 to 27.4. Findings show SROI between 4.41 and 7.25, indicating additional value of social benefit next to improved health. Conclusions A link between cost-effectiveness and HL interventions was established and ROI and SROI showed positive ratios. Further research is required in order to investigate whether HL interventions consistently achieve a positive returns. Key messages A link between health literacy interventions and positive investment returns has been established. Health literacy interventions show potential for sustainable development of health systems.


2020 ◽  
Vol 12 (7) ◽  
pp. 2657 ◽  
Author(s):  
Paul Courtney ◽  
John Powell

The quest for innovation lies at the heart of European rural development policy and is integral to the Europe 2020 strategy. While social innovation has become a cornerstone of increased competitiveness and the rural situation legitimizes public intervention to encourage innovation, the challenges of its effective evaluation are compounded by the higher ‘failure’ rate implied by many traditional performance measures. Social Return on Investment (SROI) is employed to assess the social innovation outcomes arising from implementation of Axes 1 and 3 of the 2007-13 Rural Development Programme for England (RDPE). Analysis of primary data gathered through structured face-to-face interviews from a weighted sample of 196 beneficiaries reveal that social innovation outcomes generate a total of £170.02 million of benefits from Axis 1 support measures, compared to £238.1 million of benefits generated from innovation outcomes from Axis 3 measures. Benefits are generated through four social innovation outcome categories: individual, operational, relational, and system; and range from changes in attitudes and behaviour to institutional change and new ways of structuring social relations. The paper calls for more comprehensive evaluation approaches that can capture, and value, the multiple benefits arising from social innovation, and further bespoke applications of SROI to help develop and legitimise innovation indicators that will enable stronger linkages back into the policy process.


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