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Why are rural communities reluctant to adopt the standard version of SROI

Bibliographic Data

ID13022807
AuthorsFuminobu Mizutani (0000-0003-1306-8891, Kanto Gakuin University, corresponding author)
Year2023
Volume16
Issue3
Pages125-137
Publication date2023-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomics & Sociology (JOURNAL)
Journal identifiersISSN: 2071-789X • E-ISSN: 2306-3459
PublisherCentre of Sociological Research, NGO (PUBLISHER)
DOI10.14254/2071-789x.2023/16-3/7
OpenAlexW4387543233
LanguageEN
References cited29

Social Return on Investment (SROI) is an evaluation method that is often useful in assessing Not for Profit organizations (NFP). Its standard version has been widely adopted in the United Kingdom. However, there is a reluctance among East Asian rural communities to adopt standard SROI evaluation methods, even though they have been adopted for some NFPs in urban centers in the region in the past. NFPs in rural communities cannot bear the cost of sending representatives to meetings where drafts of potential regulations are discussed. However, the introduction of regulations for evaluating NFPs without representatives from rural communities could lead to the exclusion of pertinent voices key to the discussion. There are several reasons why the hands-on approach currently utilized by SROI evaluation methods appears unsuitable for rural communities. These communities are already aware of their aging populations and they have obligations to the welfare of their members that fall outside the scope of SROI. In addition to this, the main argument why rural communities are reluctant to adopt SROI methods is that it does not bring much benefit to these communities. However, discussing evaluation methods for NFPs could serve as a bridge with stakeholders in rural communities. Paradoxically, a nonstandard version of SROI that is calculated by those outside of NFPs may be a more suitable method for rural communities

Argument (complex analysis · Business · Economics · Environmental planning · Environmental resource management · Geography · Political science · Public relations · Scope (computer science · Computer Science · Employment and Welfare Studies · Housing, Finance, and Neoliberalism · Medicine · Social Policy and Reform Studies

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