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Social Value – Are We Measuring Up?

Shields, P., Roy, R. ORCID: 0000-0001-5491-7437, Khan, S. ORCID: 0000-0001-5589-6914 , Read, A. & Ottaway, S. (2025). Social Value – Are We Measuring Up?. Public Money & Management,

Abstract

Social value creation is an expectation from publicly funded projects. This article observes that the measurement of social value is essential for many purposes and organizations and that there are multiple measurement options, all lacking consistency and standardization. The authors show that the sentiments expressed in a broad range of literature on the subject of social value measurement are consistent with experience at a practical level and they propose some practical solutions to current problems.

Publication Type: Article
Additional Information: This is an Accepted Manuscript of an article published by Taylor & Francis in Public Money & Management, available at: https://www.tandfonline.com/journals/RPMM
Publisher Keywords: contract tendering; corporate social responsibility (CSR); dynamic; impact measurement; public procurement; social value measurement
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Departments: School of Science & Technology
School of Science & Technology > Engineering
SWORD Depositor:
[thumbnail of RPMM-2024-0326 ND Shields copyedit PS.pdf]
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