Social Return on Investment Methodology- To Justify, Track, and Manage Socio-Economic Development Investments in Madagascar
Degree Name
MS in Management
First Advisor
Aqeel Tirmizi
Abstract
This Capstone is a case study of how Rio Tinto/ QMM (a mining company) has begun using Social Return on Investment (SROI) methodology to justify, track, and manage socio-economic development investments in order to maintain its social license to operate in Fort Dauphin, Madagascar. Specifically, the Capstone paper is a forecast SROI analysis of Rio Tinto Scholarship Education Program (RISE) program. The paper assesses the social impact the RISE Scholarship program is likely to generate for its key stakeholders over a ten-year period.
The Rio Tinto Scholarship for Education Program is a joint effort by Rio Tinto and Pact to help provide children from the Anosy Region with access to quality education at three different levels: primary, secondary, and university.
The social return on investment is likely to be $4.89:$1 is the most appropriate conclusion that can be drawn from the RISE program over the next ten years. With better longitudinal data, the ratio should be higher.
Disciplines
Business and Corporate Communications | Corporate Finance | Finance and Financial Management | Growth and Development
Recommended Citation
Carazas, Christopher, "Social Return on Investment Methodology- To Justify, Track, and Manage Socio-Economic Development Investments in Madagascar" (2014). Capstone Collection. 2633.
https://digitalcollections.sit.edu/capstones/2633