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Social Impact
Social impact may refer to: *Social impact assessment *Social impact bond *Social impact theory *Social influence See also * Corporate social impact {{Disambig Impact Impact may refer to: * Impact (mechanics), a large force or mechanical shock over a short period of time * Impact, Texas, a town in Taylor County, Texas, US Science and technology * Impact crater, a meteor crater caused by an impact event * Imp ...
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Social Impact Assessment
Social impact assessment (SIA) is a methodology to review the social effects of infrastructure projects and other development interventions. Although SIA is usually applied to planned interventions, the same techniques can be used to evaluate the social impact of unplanned events, for example, disasters, demographic change, and epidemics. SIA is important in Applied Anthropology Research Methods, applied anthropology, as its main goal is to deliver positive social outcomes and eliminate any possible negative or long term effects. Overview The origins of SIA largely derives from the environmental impact assessment (EIA) model, which first emerged in the 1970s in the U.S. In the United States under the National Environmental Policy Act. Social impact assessments are federally mandated and performed in conjunction with environmental impact assessments. SIA has been incorporated into the formal planning and approval processes in several countries, to categorize and assess how major ...
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Social Impact Bond
A social impact bond (SIB), also known as pay-for-success financing, pay-for-success bond (US), social benefit bond (Australia), pay-for-benefit bond (Australia), social outcomes contract (UK), social impact partnership (Europe), social impact contract (Europe), or simply a social bond, is a type of outcomes-based contracting, whereby a contractor typically attempts to effect a policy of government but does not get paid by the government unless specified goals are achieved. The term was invented by Geoff Mulgan, chief executive of the Young Foundation. The first SIB was launched by UK-based Social Finance Ltd. in September 2010. By July 2019, 132 SIBs had been initiated in 25 countries, and they were worth more than $420m. , 23 countries use SIBs, with () 276 projects in place and capital raised to the value of $745m. History The social impact bond is a non-tradeable version of social policy bonds, first conceived by Ronnie Horesh, a New Zealand economist, in 1988. Since the ...
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Social Impact Theory
Social Impact Theory was created by Bibb Latané in 1981 and consists of four basic rules which consider how individuals can be "sources or targets of social influence". Social impact is the result of social forces, including the strength of the source of impact, the immediacy of the event, and the number of sources exerting the impact. The more targets there are to impact, the less impact each target receives. Original research According to psychologist Bibb Latané, social impact is defined as any influence on individual feelings, thoughts, or behaviors that is created from the real, implied, or imagined presence or actions of others. The application of social impact varies from diffusion of responsibility to social loafing, stage fright, or persuasive communication. In 1981, Latané developed the social impact theory using three key variables: * Strength (S) is a net of all individual factors that make a person influential. It covers stable, trans-situational, intrapersonal f ...
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Social Influence
Social influence comprises the ways in which individuals adjust their behavior to meet the demands of a social environment. It takes many forms and can be seen in conformity, socialization, peer pressure, obedience (human behavior), obedience, leadership, persuasion, sales, and marketing. Typically social influence results from a specific action, command, or request, but people also alter their attitudes and behaviors in response to what they perceive others might do or think. In 1958, Harvard psychologist Herbert Kelman identified three broad varieties of social influence. #Compliance (psychology), Compliance is when people appear to agree with others but actually keep their dissenting opinions private. #Identification (psychology), Identification is when people are influenced by someone who is liked and respected, such as a famous celebrity. #Internalisation (sociology), Internalization is when people accept a belief or behavior and agree both publicly and privately. Morton Deu ...
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Corporate Social Impact
Corporate social responsibility (CSR) or corporate social impact is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in, with, or supporting professional service volunteering through pro bono programs, community development, administering monetary grants to non-profit organizations for the public benefit, or to conduct ethically oriented business and investment practices. While CSR could have previously been described as an internal organizational policy or a corporate ethic strategy, similar to what is now known today as environmental, social, and governance (ESG), that time has passed as various companies have pledged to go beyond that or have been mandated or incentivized by governments to have a better impact on the surrounding community. In addition, national and international standards, laws, and business models have been developed to facilitate and incentivize ...
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Social Impact
Social impact may refer to: *Social impact assessment *Social impact bond *Social impact theory *Social influence See also * Corporate social impact {{Disambig Impact Impact may refer to: * Impact (mechanics), a large force or mechanical shock over a short period of time * Impact, Texas, a town in Taylor County, Texas, US Science and technology * Impact crater, a meteor crater caused by an impact event * Imp ...
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