| dc.description.abstract | Social impact assessment has been a prominent topic over the past decade, driven by increased environmental awareness, the rise of CSR, and the widespread dissemination of ESG concepts. In this context, businesses, social enterprises, and non-profit organizations have been actively engaging in social initiatives, striving to balance profit with social contribution and address social issues. Understanding the value and impact of such activities has become increasingly important. The most mainstream method for evaluating social impact today is Social Return on Investment (SROI).
This study aims to explore the inherent value of an arts-based language course for parent-child interaction through the SROI methodology, thereby assessing its social impact. The SROI method allows for the conversion of all changes experienced by stakeholders into monetary values. The final SROI value calculated for this course is 3.19, indicating that for every unit invested, there is a return of 3.19 units. Sensitivity analysis reveals that the SROI value falls within the range of 2.60 to 4.19.
This research represents one of the few studies evaluating the SROI of a course, with the stakeholders being a limited and specific group. Consequently, the sample size corresponds to the population, allowing for in-depth interviews and survey analyses with each stakeholder. This enables a clear understanding of individual stakeholder opinions, their change pathways, and the ultimate value derived. | en_US |