Developing a conceptual framework for comparing social value creation

authored by
Arne Kroeger, Christiana Weber
Abstract

The soaring popularity of business practices in the social sector has elicited numerous calls from academics and practitioners to adopt appropriate methodologies to quantify and compare social value creation. Contributing scholars consider it a great if not impossible challenge to compare social value creation of different, unrelated heterogonous interventions. We help bridge this research gap by developing a conceptual framework that allows us to compare the effectiveness of social interventions serving the different needs of different treatment groups in different socioeconomic and institutional contexts. We do so by bringing insights from both the literature on subjective well-being and the literature on organizational effectiveness theory into not-for-profit and social entrepreneurship research, as well as into the literature on program evaluation.

Organisation(s)
Institute of Human Resource Management and Organizational Behavior
Institute of Strategic Management and Organisation
Type
Article
Journal
Academy of Management Review
Volume
39
Pages
513-540
No. of pages
28
ISSN
0363-7425
Publication date
08.10.2014
Publication status
Published
Peer reviewed
Yes
ASJC Scopus subject areas
Business, Management and Accounting(all), Strategy and Management, Management of Technology and Innovation
Sustainable Development Goals
SDG 8 - Decent Work and Economic Growth
Electronic version(s)
https://doi.org/10.5465/amr.2012.0344 (Access: Closed)