Blended Value Accounting and Social Enterprise Success

Social enterprises (SEs) are businesses managed by entrepreneurs who seek to improve society, and they represent an important trend in social change work. However, there is little empirical knowledge about which blended value accounting (BVA) methods are used by SE managers, and whether the use of BVA is perceived by SE managers as a critical success factor. Blended value accounting is a conceptual framework for measuring combined social and financial outcomes in SEs, and some believe that the use of BVA may be a critical success factor for SEs. This research was based on Covin and Slevin\u27s conceptualization of entrepreneurial orientation. The main research question was whether the use of BVA methods was correlated with SE success from the perception of the SE managers. Surveys were sent to 3,682 SE managers in North America, the United Kingdom, Asia, and Africa (n = 280). Data were analyzed using multiple regression, with the dependent variable SE success, and the independent variables: the use of BVA method, number of employees, length of time in business, economic sector, and country of registration. Findings indicated no statistically significant correlation between the use of BVA method and SE success, though most SE managers, 73% of 280 respondents, were using BVA methods for other reasons, including complying with state laws. The BVA method B-Impact Rating System was used by 59% of survey respondents who used any method of BVA. These findings suggest that SE managers should select a BVA method that is inexpensive to implement, aligns with industry standards, and provides them with management information. Supporting agencies should create a global registry of SEs, report on the social change impact they create through their businesses, and encourage all businesses to adopt the social-change orientation of SEs

Prospectus, February 11, 1972

FAREWELL DR. JAMES; Black History Week; Parkland Has Five In County Board Primary; A.A.U.W. Presents Scholarships; Parkland Students Provide Leadership In Community Scouting Program; Technical-Physics Workshop at Parkland; New Refund Policy Not Effective Until Fall \u2772; The Editor\u27s View: Boy, Am I Mad!; Letters to the Editor; Illinois Grant; What\u27s Going On; Counselor\u27s Corner: ISU Admissions, Open House at U of I College of Pharmacy, U of I Colleges Hold Visitation; 1971-72 Directory; Parkland Notices: Baha\u27i Invite, Smog Clinic, Nursing Students!, McKendree College; Hell Fire.....And Snow Storm!; Kevin On Environment; Orpheus Reborn: My Mirror, A Castle; Mrs. Brotherson Speaks; What They\u27re Reading On Campuses; Reflections; Fear of Night And a Graveyard; Special Appointments For Veterans; Black Genesis; Live! Vida!; Kankakee Gets MOCKed; hart Beat; Cobra Basketball Record; IM Basketball Standings; Parkland Roars Past Wabash 117-87; Cobras Bomb Joliet; Wrestlers (5-5) Pin Millikenhttps://spark.parkland.edu/prospectus_1972/1011/thumbnail.jp

Prospectus, February 25, 1972

FOUNDATION BECOMES A REALITY; P. C. Student Achievement Winners; Ford Foundation Scholarship Awarded; New Course Offered; Nelson To Speak At U. of K.; The Editor\u27s View: Yes!, S.I.U. Where The Action Is; What\u27s Going On: Registration Time Schedule Spring Quarter 1971-72, Drug Week Planned, Disadvantaged Student Workshop; Counselor\u27s Corner: Mount Senario College, S.I.U., Evening Counseling, Pre-reg.; Parkland Notices: Veterans, Illinois Grant, Ski Club, Pre-Reg., Yearbook, Law Enforcement, Student Gov\u27t, LRC; Editorial Cartoons: Women\u27s Lib vs Men\u27s Lib, Politics and \u27The War\u27, Ecologically Speaking, Easy Dialing?, Don\u27t Get Sick!, Freedom, Love thy Neighbor, The Real State Of The Union?; Kevin On Environment; Black Genesis; Wiese Films at The Dream Museum; They Were Here; MEM-Brain; Portrait Painting Class; Orpheus Reborn: fall, Doorman, Time, Damned!; Movie Reviews: Crime is Bloody; Reflections; Hart Beat; Wrestlers Eye National; Cobra Statistics; Intercollegiate Women\u27s Basketball; IM Basketball Standings; Cobra Basketball Recordhttps://spark.parkland.edu/prospectus_1972/1010/thumbnail.jp

Prospectus, March 13, 1972

ENJOYABLE COURSES OFFERED, EVENING PROGRAM EXPANDS; Popular Enivronment Course Repeated; Program Reports; Household Electronics Offered for Spring Qtr.; Owens Selected As Consultant; Final Examination Schedule; Letters to the Editor; What\u27s Going On; Counselor\u27s Corner: EIU Admissions, EIU Transfers, U of I, Evening Counseling; Parkland Notices: Allied Health Applicants, Parkland Magazine, Pi Sigma Iota, Foreign Language Review, Public Aid, Student Services, Wanted, Directory; WLS Wave Length; Satire: Conversations with the Candidates; Orpheus Reborn: Words from a Shell, Pepare for Death, hunting?, i.e. (fill)..., Times Landscape, ifind...; Journalism Club to Chicago; Little Jimmie; Kevin On Environment; Chester Lewis 1st In State, 8th In Nation; Hart Beat; Track Team Prepares For Upcoming Season; Mock Is Unanimous Conference Pick; Late Item; IM Basketball Standingshttps://spark.parkland.edu/prospectus_1972/1009/thumbnail.jp

Prospectus, June 12, 1972

GOVERNOR CITES PARKLAND STUDENT FOR COMMUNITY SERVICE; Harris Moeller Selected As New Dean of Students; Charles Gerron Is Student Senate President For 1972-73 School Year; Scholarships Awarded To Parkland Students; Parkland College Personnel Receive Recognition; Teacher Aides Hold Banquet; New Registration Procedures Will Begin In Fall \u2772 Quarter; Parkland Foundation Holds First Charter Meeting; Board of Trustees Have Two Very Eventful Meetings: Results of the Meeting of April 18, 1972, Results of the Meeting of May 16, 1972; Parkland Summer Session Begins June 19; New Non-Credit Courses Slated For Summer; Graebner to Speak at Parkland Commencement; Parkland Notices: Schedule changes, Vocational Information, Summer Jobs, Summer Graduate?, For Sale-Bargain!, Summer Registration, Lost; News From William J. Scott, Attorney General - State of Illinois; Parkland Student Government Passes Viet Nam Resolution; Journalism Club; A Day In The Park Has Large Turn-Out; The Editor\u27s View: Europe This Year - A-1; Student Senate Resolution; Seed For Thought; Unique Summer-Winter Program Developed In Maine; Youth Caucus \u2772 Organized In Illinois; Portfolios to Replace Grades; Coeds Bring Fraternity Ban, Other Campus News in Brief; New Academic Calendars; Entertainment & Fine Arts, Or ( We Got Culture Too! ); Movie Review: One Day In The Life Of Ivan Denisovich; Ear Wax; Orpheus Reborn: Been around the block twice..., greece looks good..., ast i..., A babe be born..., Sweet sweets..., Away To The Mountain; WLS - Wavelength; Book Review: The Assassins (Elia Kazan); Summer Session \u2772; Summer Session; Course Offerings; Angel & Clayborn in Nationals; Hart Beathttps://spark.parkland.edu/prospectus_1972/1007/thumbnail.jp

Prospectus, April 11, 1972

ACCREDITATION!: PARKLAND RECEIVES NORTH-CENTRAL APPROVAL; Deadlines set for allied Health Applications; Miss Whipple Soon to be Teacher Aide; Agricultural Mechanics Contest at Parkland; Watchmaker Assoc. Establishes Loan Fund; Parkland Sponsors Multi-Media Course; Community band and choir open; The Editor\u27s View: Quality Education Is Here At Parkland College, Speaking Out On Stereotypes; Letters to the Editor: A Rip-off?; Spring Quarter PCSG Election Information: Hours and the requirements, openings and responsibilities; Meet Your Candidates: For Vice President, For Treasurer, For Senator-Convocations, For Senator-Organizations, Senator-Student Svs.; Parkland\u27s Preparedness Program: A step towards success in higher education; The Program: An Introduction; Disadvantaged-Marginal Student is Focus of Conference-Workshop at Parkland; President presents certificates of completion to successful Preparedness Students; What\u27s Going On; Counselor\u27s Corner: Evening Counseling, Vocational Information, Sangamon State Representative; Parkland Notices: Nurse Refresher, Population Course Offered; Health Ed. Week, Public Aids, Women Scholars, Summer Information, Telephone Service; \u27Hospital\u27 Pokes Fun At Society; Ear Wax; Orpheus Reborn: Death At Sea, des sourires enfantin..., yet even so they all (hear)...; National Wildlife Week A Success; A Short History Of Parkland; National Collegiate News; Athletic Department Praisedhttps://spark.parkland.edu/prospectus_1972/1008/thumbnail.jp