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Is Doing Good, Good Enough?

Assessing Social Impact
  • Cecilia GriecoEmail author
Chapter
Part of the SpringerBriefs in Business book series (BRIEFSBUSINESS)

Abstract

In this chapter the topic of social impact assessment (SIA) is addressed in its meanings and implications. It firstly explains how it has become important for both profit and non-profit organizations. Also, along with a detailed definition of what social impact actually means and an examination of the role the measurement process can have, the benefits that could come from this practice are illustrated, as well as the main barriers that could hamper its implementation. A specific focus is on the impact investment that has emerged in several countries witnessing the trend of using investment models to solve social needs. The pivotal role of SIA in relation to these tools is also explained in this chapter.

Keywords

Social impact Assessment process Social accounting Impact investing Social impact bonds 

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Copyright information

© The Author(s) 2015

Authors and Affiliations

  1. 1.Libera Università Maria Ss. Assunta (LUMSA)RomeItaly

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