The ambitions and challenges of SROI.

Working paper

Arvidson, M., Lyon, F., McKay, S. and Moro, D. 2010. The ambitions and challenges of SROI. Birmingham Third Sector Research Centre, University of Birmingham.
TypeWorking paper
TitleThe ambitions and challenges of SROI.
AuthorsArvidson, M., Lyon, F., McKay, S. and Moro, D.
Abstract

With the growing interest in measuring the social impact of third sector activities, there have been a range of approaches developed. One of these, social return on investment (SROI) has received particular attention and is being promoted by third sector organisations, as well as public and private bodies. This paper examines this approach in detail and identifies a series of issues that require further investigation. These include technical and methodological issues related to this adjusted cost-benefit analysis such as quantifying the value of social benefits, and attribution; the judgement involved in setting indicators; whether projects deemed successful based on an SROI analysis can provide the basis for replicability and scaling up; and the ways in which SROI is being used by stakeholders. Through examining these challenges in detail, the approaches to measuring social impact can be strengthened, standardised and made more rigorous. While the issues raised here are essential to developing SROI further, they are also valid for more general discussions regarding the proving and improving of the value added by the UK third sector.

LanguageEnglish
PublisherThird Sector Research Centre, University of Birmingham
Place of publicationBirmingham
Publication dates
PrintDec 2010
Publication process dates
Deposited15 Feb 2011
Output statusPublished
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With thanks to University of Birmingham: Third Sector Research Centre for allowing access.

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Working and Briefing Paper: No.49

Web address (URL)http://www.tsrc.ac.uk/LinkClick.aspx?fileticket=8LzzP8zWQB8%3D&tabid=762
Institution nameUniversity of Birmingham
Department nameThird Sector Research Centre
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Porter, G., Harris, F., Lyon, F., Adeptu, A. and Dung, J. 2003. Markets, ethnicity and environment in a vulnerable landscape: the case of small-scale vegetable production on the Jos Plateau, Nigeria, 1991-2001. Geographical Journal. 169 (4), pp. 370-381.
The relations of co-operation in group enterprises and associations in Ghana: exploration of issues of trust and power
Lyon, F. 2003. The relations of co-operation in group enterprises and associations in Ghana: exploration of issues of trust and power. in: Sforzi, F. (ed.) The institutions of local development Ashgate.
Market institutions and urban food supply in West and Southern Africa a review
Porter, G., Lyon, F. and Potts, D. 2007. Market institutions and urban food supply in West and Southern Africa a review. Progress in Development Studies. 7 (2), pp. 115-134. https://doi.org/10.1177/146499340600700203
Trust, networks and norms: the creation of social capital in agricultural economies in Ghana
Lyon, F. 2000. Trust, networks and norms: the creation of social capital in agricultural economies in Ghana. World Development. 28 (4), pp. 663-682. https://doi.org/10.1016/S0305-750X(99)00146-1
Developing fledgling social enterprises? A study of the support required and the means of delivering it.
Lyon, F. and Ramsden, M. 2006. Developing fledgling social enterprises? A study of the support required and the means of delivering it. Social Enterprise Journal. 2 (1), pp. 27-41.
The Nigerian market: fuelling conflict or contributing to peace.
Lyon, F., Porter, G., Adamu, F. and Obafemi, L. 2006. The Nigerian market: fuelling conflict or contributing to peace. in: Banfield, J., Gunduz, C. and Killick, N. (ed.) Local business, local peace: the peace building potential of the domestic private sector. London International Alert. pp. 432-437
External evaluation of Innovation Exchange.
Lyon, F. and CEEDR 2010. External evaluation of Innovation Exchange. London Middlesex University.
Alternative approaches to capacity building: practices in the public and private sector.
Lyon, F. 2009. Alternative approaches to capacity building: practices in the public and private sector. CEEDR, Middlesex University.
Market institutions, trust and norms: exploring moral economies in Nigerian food systems
Lyon, F. and Porter, G. 2009. Market institutions, trust and norms: exploring moral economies in Nigerian food systems. Cambridge Journal of Economics. 33 (5), pp. 903-920. https://doi.org/10.1093/cje/bem008
Managing co-operation: trust and power in Ghanaian associations
Lyon, F. 2006. Managing co-operation: trust and power in Ghanaian associations. Organization Studies. 27 (1), pp. 31-52. https://doi.org/10.1177/0170840605056392
Enterprising refugees: contributions and challenges in deprived areas
Lyon, F., Sepulveda Ramirez, L. and Syrett, S. 2007. Enterprising refugees: contributions and challenges in deprived areas. Local Economy. 22 (4), pp. 363-375. https://doi.org/10.1080/02690940701736769
Groups as a means or an end? Social capital and the promotion of cooperation in Ghana
Porter, G. and Lyon, F. 2006. Groups as a means or an end? Social capital and the promotion of cooperation in Ghana. Environment and Planning D: Society and Space. 24 (2), pp. 249-262. https://doi.org/10.1068/d0303
Learning and research for sustainable agro-ecosystems by both farmers and scientists.
Lyon, F., Clarke, S., Harris, F., Wolf, M. and Gibbon, D. 2005. Learning and research for sustainable agro-ecosystems by both farmers and scientists. London Middlesex University.
Trader associations and urban food systems in Ghana: institutionalist approaches to understanding urban collective action
Lyon, F. 2003. Trader associations and urban food systems in Ghana: institutionalist approaches to understanding urban collective action. International Journal of Urban and Regional Research. 27 (1), pp. 11-23. https://doi.org/10.1111/1468-2427.00428