scholarly journals Monetising the social value of inclusive entrepreneurship: the case of the Abono Café social economy enterprise

2021 ◽  
pp. 115
Author(s):  
Virginia Barba Sanchez ◽  
Maria Yolanda Salinero Martin ◽  
Pedro Jimenez Estevez
Keyword(s):  
Social Economy ◽  
Cost Savings ◽  
People With Disabilities ◽  
Market Value ◽  
Social Value ◽  
Employment Level ◽  
Agenda 2030 ◽  
Self Employment ◽  
The Social

The fact that so many people with disabilities are unemployed is a cause for concern among those responsible for employment and creating social policies, and also for families and stakeholders themselves. Self-employment, which is understood as the creation of businesses, could be a means to mitigate this problem. The market evaluation of this type of company should consider not only its economic, but also its social results in terms of both cost savings for various public administrations and the generation of social value. This includes taking advantage of the talent of an important part of the population or increasing the wellbeing of people with disabilities, thus making decent employment possible as regards all that is sought by Sustainable Development Objective (SDA) 8 of the United Nations (UN) Agenda 2030. The objective of this work is, therefore, to monetise the social value of this type of undertaking through the use of a case study: that of the Abono Café company. The results show that the non-market value of this company greatly exceeds its market value, thus confirming its potential to generate social value for its stakeholders. The multiplying effect of the funds that Public Administrations allocate to the promotion of this type of initiative among people with disabilities makes them a useful tool and represents a change in the design of public policies, both on a social and employment level. 

scholarly journals The Social Balance Sheet as Part of the Annual Report in Financial Institutions. A Case Study: Banco Bilbao Vizcaya Argentaria (BBVA)

2021 ◽  
Vol 13 (6) ◽  
pp. 3075
Author(s):  
Miguel Ángel Martín Valmayor ◽  
Beatriz Duarte Monedero ◽  
Luis A. Gil-Alana
Keyword(s):  
Annual Report ◽  
Economic Value ◽  
Balance Sheet ◽  
Value Added ◽  
Social Value ◽  
Economic Value Added ◽  
The Social ◽  
Social Balance ◽  
Corporate Social

In this paper, we examine the concept of the social balance sheet (SBS) and its evolution in corporate social reports that large companies have to issue today in their yearly statements. The SBS allows companies to evaluate their compliance with corporate social responsibility during a specific period and quantify its level of accomplishment. From a methodological perspective, this research analyzed the information that should be contained in the SBS report comparing economic value added (EVA) with other social value added statements (SVA), analyzing also in detail the case of Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) bank as one of the pioneers in offering social reports. Along with this study, their metrics following EVA were recalculated and a more academic SVA statement was proposed for this specific case.

scholarly journals Using Social Media in Tourist Sentiment Analysis: A Case Study of Andalusia during the Covid-19 Pandemic

2021 ◽  
Vol 13 (7) ◽  
pp. 3836
Author(s):  
David Flores-Ruiz ◽  
Adolfo Elizondo-Salto ◽  
María de la O. Barroso-González
Keyword(s):  
Social Media ◽  
Sentiment Analysis ◽  
Cost Savings ◽  
Mass Scale ◽  
Tourism Sector ◽  
The Social ◽  
Analytical Tools ◽  
Media Data

This paper explores the role of social media in tourist sentiment analysis. To do this, it describes previous studies that have carried out tourist sentiment analysis using social media data, before analyzing changes in tourists’ sentiments and behaviors during the COVID-19 pandemic. In the case study, which focuses on Andalusia, the changes experienced by the tourism sector in the southern Spanish region as a result of the COVID-19 pandemic are assessed using the Andalusian Tourism Situation Survey (ECTA). This information is then compared with data obtained from a sentiment analysis based on the social network Twitter. On the basis of this comparative analysis, the paper concludes that it is possible to identify and classify tourists’ perceptions using sentiment analysis on a mass scale with the help of statistical software (RStudio and Knime). The sentiment analysis using Twitter data correlates with and is supplemented by information from the ECTA survey, with both analyses showing that tourists placed greater value on safety and preferred to travel individually to nearby, less crowded destinations since the pandemic began. Of the two analytical tools, sentiment analysis can be carried out on social media on a continuous basis and offers cost savings.

scholarly journals Anchoring the social economy at the metropolitan scale: Findings from the Liverpool City Region

Urban Studies ◽  
2020 ◽  
pp. 004209802097265
Author(s):  
Matthew Thompson ◽  
Alan Southern ◽  
Helen Heap
Keyword(s):  
Economic Development ◽  
Social Economy ◽  
Future Research ◽  
City Region ◽  
Anchor Institutions ◽  
Urban Economic Development ◽  
The Social ◽  
Social Economies ◽  
The City

This article revisits debates on the contribution of the social economy to urban economic development, specifically focusing on the scale of the city region. It presents a novel tripartite definition – empirical, essentialist, holistic – as a useful frame for future research into urban social economies. Findings from an in-depth case study of the scale, scope and value of the Liverpool City Region’s social economy are presented through this framing. This research suggests that the social economy has the potential to build a workable alternative to neoliberal economic development if given sufficient tailored institutional support and if seen as a holistic integrated city-regional system, with anchor institutions and community anchor organisations playing key roles.

The University in a Retail Context

2019 ◽  
pp. 249-267
Author(s):  
Xhimi Hysa ◽  
Vusal Gambarov ◽  
Besjon Zenelaj
Keyword(s):  
Business Model ◽  
Social Value ◽  
Social Business ◽  
Business Model Canvas ◽  
The Social ◽  
Retail Activity ◽  
The University ◽  
Case Based

On-campus retailing is a spread practice, but academia has almost underestimated its potential. Nevertheless, not every type of retail activity adds value to customers and society. When the proposed value is society-driven and sensitive to consumers' wellbeing, customers' engagement increases. One business model, through which it is possible to exploit the benefits of on-campus retailing by adding social value, is the Yunus Social Business. This is a case-based study aiming to describe, through the Social Business Model Canvas, the founding of an organic shop within a university that is supplied by administrative staff of the university that are at the same time also local farmers. Further, the shop aims to resell organic food to university staff and students. The case study is theoretically enriched by traditional Porterian frameworks and new service frameworks such as the service-dominant logic by emphasizing the role of value proposition, value co-creation, and value-in-context.

Social Entrepreneurship and Related Concepts

2021 ◽  
pp. 273-294
Author(s):  
Cristina López-Cózar-Navarro ◽  
Tiziana Priede-Bergamini
Keyword(s):  
Social Entrepreneurship ◽  
Circular Economy ◽  
New Ventures ◽  
Social Economy ◽  
Third Sector ◽  
Environmental Problems ◽  
Social Value ◽  
Social Entrepreneurs ◽  
The Social ◽  
The Relationship

In the past few decades, a new way of responding to social and environmental problems has emerge: the social entrepreneurship. It is presented as a special type of venture, in which the creation of social value prevails over the maximization of profits. Thus, the main objective of these types of ventures is to serve the community and to search for a positive social change. In this chapter, in addition to presenting the concept of social entrepreneurship and its various approaches within the so-called third sector and the emergent fourth sector, the main sources of funding that can be used by social entrepreneurs are also presented, especially business angels and crowdfunding, are detailed. New paradigms such as the collaborative economy and the circular economy are also addressed within social economy, highlighting the relationship with social entrepreneurship and the path of opportunity to foster new ventures in these fields.

Social Investment and the causes of energy poverty: are cooperatives a solution?

2019 ◽  
pp. 179-194
Author(s):  
Michael Willoughby ◽  
José Millet-Roig ◽  
José Pedro García-Sabater ◽  
Aida Saez-Mas
Keyword(s):  
Social Services ◽  
Social Economy ◽  
Clean Energy ◽  
State Funding ◽  
Energy Prices ◽  
Energy Poverty ◽  
The Social ◽  
Reliable Source ◽  
The Face

This chapter is about a successful energy co-operative in Spain. With rising poverty and energy prices among the most expensive in Europe and, the cooperative not only provides a reliable source of clean energy to consumers, but also forms a central part of the community in which it is situated. The case study points to a need for private enterprises to collaborate with local authorities and social services to provide solutions to drastic situations of poverty that are still prevalent, particularly in areas of Southern and Eastern Europe. The Spanish energy cooperative demonstrates one way in which the social economy can help to shape the future of the welfare state in the absence of state funding and in the face of national policies that are not well aligned.

Social value analysis: the case of Pompeu Fabra University

2020 ◽  
Vol 11 (1) ◽  
pp. 233-252 ◽  
Author(s):  
Silvia Ayuso ◽  
Pablo Sánchez ◽  
José Luis Retolaza ◽  
Mònica Figueras-Maz
Keyword(s):  
Market Value ◽  
Research Process ◽  
Social Value ◽  
Data Availability ◽  
Value Analysis ◽  
Social Accounting ◽  
Content Type ◽  
The Social ◽  
Accounting Model ◽  
The University

Purpose This paper aims to explore how to quantify the social value generated by higher education from a social accounting perspective. The proposed approach is integrated social value (ISV) analysis, a social accounting model that considers both the economic value and the social value created by an organisation for its stakeholders. Design/methodology/approach The ISV analysis has been applied to Pompeu Fabra University, following a participatory action research process with representatives of the university and its stakeholders. Findings The final ISV includes not only the social value created through the university’s economic activity – captured by economic and financial accounting indicators – but also the specific social value created for the different stakeholders by means of non-market relationships, which were monetised through the use of indicators and financial proxies. Research limitations/implications Like other social accounting methodologies, ISV analysis suffers from some limitations regarding data availability and economic pricing, that partly will be resolved with maturation of the methodology and increasing standardisation. Practical implications By using appropriate proxies, the non-market value of the university can be monetised and integrated with university’s market value. The social value results become a valuable tool for developing useful indicators for internal management and external communication. Social implications The process of measuring the social value created by universities provides a way to meet the rising demands for greater accountability and transparency and facilitates engagement with stakeholders on how these institutions are contributing to a sustainable society. Originality/value ISV is a recently proposed social accounting model that combines an organisation’s economic and social results into a single concept of value creation and thus contributes to advance the field of social accounting.

Defining the duty to contribute: Against the market solution

2017 ◽  
Vol 18 (4) ◽  
pp. 469-488
Author(s):  
Markus Furendal
Keyword(s):  
Decision Procedure ◽  
Supply And Demand ◽  
Market Value ◽  
Social Value ◽  
Market Prices ◽  
Goods And Services ◽  
The Social ◽  
Principles Of Justice ◽  
Special Circumstances ◽  
Specific Amount

If there is a duty of justice to contribute to society, which asks individuals to produce a specific amount of goods and services that can be redistributed, we need a decision-procedure to know when we have done our part. This paper analyses and critically assesses the commonly suggested decision-procedure of relying on market prices to measure the value of one’s contribution. It is usually assumed that a high salary indicates that one’s talents are put to good use, but this presupposes both that market prices of labour are correct reflections of supply and demand, and that market prices are correct reflections of social value. I criticise both assumptions and argue that the social value of a contribution cannot simply be a function of its market value, but is also influenced by the principles of justice that support the duty to contribute. Further, the market solution is incapable of valuing contributions that lack market prices, like non-marketised care labour. The market solution thus fails as a decision-procedure under other than special circumstances. This does not mean, however, that we need to give up the idea of a duty to contribute.

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