Suchergebnisse

"This book connects social value to the global Sustainable Development Goals (SDGs) and presents an insight into the many and different practical ways in which individuals and organisations can make a positive impact towards resolving the 'people, planet and prosperity' agenda"--

Cover -- Title Page -- Contents -- Copyright Page -- About the Guest-Editor -- Introduction: Why Social Value? -- Valuation -- Defining Social Value -- Capturing Social Value -- Why is Social Value Important? -- Notes -- Design for Impact Measuring Architecture's Social Value in the United States -- The Just City Index -- New York City Public Design Commission and Department of Design and Construction -- Social Economic Environmental Design (SEED) -- Enterprise Community Partners -- Valuing Human Outcomes -- Notes -- Documenting Value Creation A Business Opportunity for Architects, Their Clients and Society -- Compelling Stories and Hard Facts -- A Methodology and DIY Guide to Value Creation -- Value and Business Opportunities -- Contributing to Sustainable Development Goals -- Notes -- Resilience Value in the Face of Climate Change -- Calculating Resilience Value -- The Resilience Value Iceberg -- Lessons Learned on How to Act Against the Climate Crisis -- Notes -- New Infrastructure for Communities Who Want to Build -- A Network of Neighbourhood-Owned Factories -- The Art of Building Communities -- Mapping the Social Value of Built InCommon: The Next Step -- Notes -- 'Engender the Confidence to Demand Better': The Value of Architects in Community Asset Transfers -- Notes -- Mapping Eco-social Assets -- The Social Value of Local Networks -- Context -- Locating Social Assets -- Holistic Mapping for Decision-Making -- Notes -- Changing Patterns of Resilience: Exploring the Local -- Why Map Resilience? -- The Resilience Model -- Using the Model Across London -- Demonstrating the Value of the Model -- Notes -- Greenkeeper: Establishing the Full Value of Green -- Green is Good for You -- Changing the Way We Design -- Notes -- High Science and Low Technology for Sustainable Rural Development -- 'Architecture is a toolto improve lives.'.

Chapter 1: Introduction -- Chapter 2: The Genesis of the Social Value Problem -- Chapter 3: How Social Value Works -- Chapter 4: Social Control and Social Value -- Chapter 5: The Dynamics of Social Value -- Chapter 6: The Value of Care -- Chapter 7: Class Conflict in the Post-Pandemic World -- Chapter 8: Unconditional Welfare: The Universal Basic Income -- Chapter 9: Conclusions.

Toni Badnall-Neill explains how children's services commissioners can incorporate social value into their decision making

AbstractManuscript TypePerspectiveResearch Question/IssueCan maximizing shareholder value maximize social value?Research Findings/InsightsIf good corporate governance is defined as maximizing a firm's contribution to overall social welfare, shareholder valuation maximization can achieve this only if capital markets are functionally efficient, a concept quite distinct from the definitions of market efficiency usually found in finance textbooks. Functional efficient capital markets allocate capital to its highest value uses subject to achieving tolerable success toward other social goals, such as equality or environmental standards.Theoretical/Academic ImplicationsPressing top managers to maximize shareholder valuation is of questionable social value if share prices are either informationally inefficient (noisy) or informationally efficient but functionally inefficient (share prices faithfully reflect fundamental values, which depend on political lobbying, gaming complex regulations, etc., more than genuine productivity growth).Practitioner/Policy ImplicationsShareholder valuation, if surrounded by institutions that foster functional efficiency, is a readily observable, legally useful, and socially defensible barometer of corporate governance. The efficacy of corporate governance institutions associated with shareholder value thus depends on the bundle of political economy institutions that promote functional efficiency.

This article appraises the scope and legal obligations of the UK Public Services (Social Value) Act 2012. The law, by imposing on public authorities an obligation to consider wider social, economic and environmental benefits before they enter into major public service contracts, in principle improves service outcomes for communities, and it also facilitates better access for third sector organisations to public contracting opportunities. But evidence of the legislation's impact has been mixed. It is, at this stage, promising in its ambition but with little prescriptive legal force in practice. The article suggests that community and third sector organisations should promote an experimentalist governance framework that imposes non-legal accountability on commissioning authorities for social value, by linking them into an iterative peer-review process.

This pictorial presentation of childhood aims to provide a visual depiction of the social value of the children in rural Punjabi socio-cultural context. I took these photographsin a village in south Punjab, Pakistan while doing an ethnographic inquiry about infant healthcare belief practices and the social value of the child in rural Punjab.

Credit unions are co-operative non-profit organisations which serve the financial needs of their members, many of whom may have had difficulty accessing credit from the traditional banking sector. Since the establishment of the first credit union in Ireland in 1958, the credit union movement has become synonymous with a positive impact on the local communities that they serve in the form of a multitude of benefits provided, chiefly through their promotion of thrift and provision of finance, but also through sponsorships and academic scholarships for specific groups. In essence, credit unions have become trusted partners within their localities, thereby generating and sustaining a degree of moral legitimacy – societal approval of the organisation, based on the desirability of what it stands for. Of course, to do so, a credit union must also be economically viable. However, as with all financial institutions, credit unions must operate within the terms of the financial regulations and laws imposed by the relevant authorities in the jurisdiction(s) in which they exist. These rules, regulations and laws provide the regulatory basis, under which credit unions are entitled to operate. Many of these rules and regulations presume that the societal legitimacy of financial institutions is transactional - i.e. their legitimacy is based on the provision of financial services at a price, such as an interest rate, to cover the risks of these transactions. Consequently, these rules and regulations aim to minimise these risks, and tend to ignore sources of legitimacy other than the pragmatic legitimacy of economic exchange. While it is acknowledged that regulation is necessary, recently there is a perception that rules and regulations have increased to such an extent that many credit unions view them as overly restrictive. Consequently, based upon the time and effort required to satisfy the current reporting regime, many within the sector feel that credit unions may have lost sight of their moral legitimacy in their attempts to satisfy their regulatory legitimacy. In an effort to rebalance their legitimacy, a small number of credit unions in Ireland and the United Kingdom have recently started to voluntarily report upon their social impact/value. This form of social value reporting is seen as an attempt by such credit unions to demonstrate their unique contribution to society in a form not currently being dominated by prevailing assumptions about the pragmatic and transactional basis for the existence of such financial firms. By interviewing in excess of twenty individuals with an interest in this sector, including credit union managers, a government minister, representative body officials and consultants, this report attempts to shed some light on the efforts of those in this area to bring greater attention to the moral legitimacy of the credit union movement. Our findings suggest that current attempts to highlight the moral imperative of the credit union movement using social value reporting are primarily aimed at their members and society in general. However, by increasing awareness amongst this cohort, it is hoped that over time, others, including the political establishment and regulator, may recognise the unique social value/impact generated by the credit union movement, and may ultimately reconsider the regulatory requirements imposed on this sector.

AbstractRamanna (Unreliable accounts: How regulators fabricate conceptual narratives to diffuse criticism.Accounting, Economics and Law: A Convivium, this issue) argues that the FASB's new Conceptual Framework deemphasizes reliability, and especially verifiability, in favor of representational faithfulness to facilitate the FASB's promotion of an "asset-liability" approach measured at fair values. More importantly, he argues that this change is likely to generate costly unintended consequences by undermining reporting quality. We agree and consider more broadly whether FASB creates social value through better accounting knowledge, and whether it is time to sunset the FASB monopoly in establishing accounting standards.