Table 2.

How social impact is measured: a review of selected literature

MethodsAuthors
Social return on investmentKim and Ji (2020); Lingane and Olsen (2004); Millar and Hall (2013); Moody et al. (2015); Mulloth and Rumi (2022); Rotheroe and Richards (2007); Savall Morera et al. (2022) 
Logic model, value impact chainArogyaswamy (2017); Costa and Andreaus (2021); Ebrahim and Rangan (2014); Moody et al. (2015); Nuchian et al. (2024) 
Big Data AnalyticsTamym et al. (2023) 
Blended value accountingNicholls (2009) 
Data envelopment analysisDia and Bozec (2019) 
Donald Kirkpatrick’s Four levels of training evaluationLee et al. (2021) 
Economics of conventionsStuder (2022) 
Organizing framework for understanding value creationOrmiston and Seymour (2011) 
Outcome harvestingTomei et al. (2024) 
Compromising accountsAndré et al. (2018) 
Quality codeBanerjee et al. (2024) 
SIMPLEMcLoughlin et al. (2009) 
Systems approach based on social worlds/arenas theoryHervieux and Voltan (2019) 
Systems mapKhare and Joshi (2018) 
Triple bottom line indicatorsTaušl Procházková et al. (2021) 
Source(s): Authors’ own work

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