Social return on investment (SROI) for “New Permanent Housing” (RKB) project in Kuala Krai, Kelantan

In December 2014, Malaysia was hit by a massive flood that brought long-term social, economic, and environmental impacts to both individuals and communities. These impacts therefore lead to a decision being made by the Malaysian government to establish a flood recovery project named “New Permanent H...

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Main Author:	Teo, Wei She
Format:	Thesis
Language:	English English English
Published:	2022
Subjects:	T Technology (General)
Online Access:	http://eprints.uthm.edu.my/8357/1/24p%20TEO%20WEI%20SHE.pdf http://eprints.uthm.edu.my/8357/2/TEO%20WEI%20SHE%20COPYRIGHT%20DECLARATION.pdf http://eprints.uthm.edu.my/8357/3/TEO%20WEI%20SHE%20WATERMARK.pdf
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spelling	my-uthm-ep.83572023-02-20T07:29:04Z Social return on investment (SROI) for “New Permanent Housing” (RKB) project in Kuala Krai, Kelantan 2022-04 Teo, Wei She T Technology (General) In December 2014, Malaysia was hit by a massive flood that brought long-term social, economic, and environmental impacts to both individuals and communities. These impacts therefore lead to a decision being made by the Malaysian government to establish a flood recovery project named “New Permanent Housing” (RKB). Indeed, almost everyone agrees that RKB project enhances people‟s lives and generates social benefits. However, there is insufficient evidence to support this, and there is no consensus on what that return is or how it might be measured. In this regard, social return on investment (SROI) can give a clear and succinct message about the project‟s impacts by assessing social, economic and environmental values. This study uses analyses of specific case studies as a guiding thread to demonstrate how the application of SROI can help identify the project‟s social added value and the changes experienced by key stakeholders. The four (4) objectives of this study are to identify the key stakeholders in the RKB project; define relevant data for demonstrating the impact map for the RKB project; evaluate the SROI on the implemented RKB project in Kuala Krai, Kelantan; and propose the use of the SROI method by the Malaysian government to assess the social benefits of investing in flood management projects. Research instruments such as key informants interview (KII), survey questionnaire (SQ), library search, and evidence from existing literature or projects were used. A total of 162 household units from four RKB projects in Kuala Krai, Kelantan, and three representatives from the Malaysian Federal Government (NADMA and JKR) were selected as the respondents. The qualitative and quantitative data were analysed by using SROI analysis. The results of this research show that investing in RKB projects generates an SROI of more than 1.0 in social value for the beneficiaries and provides a range of opportunities to support the sustainable development of communities. Therefore, it was concluded that SROI is applicable to government flood recovery projects in Malaysia, which will help to reveal the hidden sustainable value of changes in social investment. 2022-04 Thesis http://eprints.uthm.edu.my/8357/ http://eprints.uthm.edu.my/8357/1/24p%20TEO%20WEI%20SHE.pdf text en public http://eprints.uthm.edu.my/8357/2/TEO%20WEI%20SHE%20COPYRIGHT%20DECLARATION.pdf text en staffonly http://eprints.uthm.edu.my/8357/3/TEO%20WEI%20SHE%20WATERMARK.pdf text en validuser mphil masters Universiti Tun Hussein Onn Malaysia Fakulti Pengurusan Teknologi dan Perniagaan
institution	Universiti Tun Hussein Onn Malaysia
collection	UTHM Institutional Repository
language	English English English
topic	T Technology (General)
spellingShingle	T Technology (General) Teo, Wei She Social return on investment (SROI) for “New Permanent Housing” (RKB) project in Kuala Krai, Kelantan
description	In December 2014, Malaysia was hit by a massive flood that brought long-term social, economic, and environmental impacts to both individuals and communities. These impacts therefore lead to a decision being made by the Malaysian government to establish a flood recovery project named “New Permanent Housing” (RKB). Indeed, almost everyone agrees that RKB project enhances people‟s lives and generates social benefits. However, there is insufficient evidence to support this, and there is no consensus on what that return is or how it might be measured. In this regard, social return on investment (SROI) can give a clear and succinct message about the project‟s impacts by assessing social, economic and environmental values. This study uses analyses of specific case studies as a guiding thread to demonstrate how the application of SROI can help identify the project‟s social added value and the changes experienced by key stakeholders. The four (4) objectives of this study are to identify the key stakeholders in the RKB project; define relevant data for demonstrating the impact map for the RKB project; evaluate the SROI on the implemented RKB project in Kuala Krai, Kelantan; and propose the use of the SROI method by the Malaysian government to assess the social benefits of investing in flood management projects. Research instruments such as key informants interview (KII), survey questionnaire (SQ), library search, and evidence from existing literature or projects were used. A total of 162 household units from four RKB projects in Kuala Krai, Kelantan, and three representatives from the Malaysian Federal Government (NADMA and JKR) were selected as the respondents. The qualitative and quantitative data were analysed by using SROI analysis. The results of this research show that investing in RKB projects generates an SROI of more than 1.0 in social value for the beneficiaries and provides a range of opportunities to support the sustainable development of communities. Therefore, it was concluded that SROI is applicable to government flood recovery projects in Malaysia, which will help to reveal the hidden sustainable value of changes in social investment.
format	Thesis
qualification_name	Master of Philosophy (M.Phil.)
qualification_level	Master's degree
author	Teo, Wei She
author_facet	Teo, Wei She
author_sort	Teo, Wei She
title	Social return on investment (SROI) for “New Permanent Housing” (RKB) project in Kuala Krai, Kelantan
title_short	Social return on investment (SROI) for “New Permanent Housing” (RKB) project in Kuala Krai, Kelantan
title_full	Social return on investment (SROI) for “New Permanent Housing” (RKB) project in Kuala Krai, Kelantan
title_fullStr	Social return on investment (SROI) for “New Permanent Housing” (RKB) project in Kuala Krai, Kelantan
title_full_unstemmed	Social return on investment (SROI) for “New Permanent Housing” (RKB) project in Kuala Krai, Kelantan
title_sort	social return on investment (sroi) for “new permanent housing” (rkb) project in kuala krai, kelantan
granting_institution	Universiti Tun Hussein Onn Malaysia
granting_department	Fakulti Pengurusan Teknologi dan Perniagaan
publishDate	2022
url	http://eprints.uthm.edu.my/8357/1/24p%20TEO%20WEI%20SHE.pdf http://eprints.uthm.edu.my/8357/2/TEO%20WEI%20SHE%20COPYRIGHT%20DECLARATION.pdf http://eprints.uthm.edu.my/8357/3/TEO%20WEI%20SHE%20WATERMARK.pdf
_version_	1776103327849775104

Social return on investment (SROI) for “New Permanent Housing” (RKB) project in Kuala Krai, Kelantan

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