This study investigates the ex-post Social Return on Investment (SROI) evaluation of cultural management research projects in Thailand, funded by PMU-A in the 2021 and 2022 fiscal year. Employing a mixed-methods approach, the evaluation assesses the outcomes, impacts, and contributions to Sustainable Development Goals (SDGs) across six cultural capital management projects. The SROI was calculated over a five-year period (2021–2025) with a 2022 base year and a 3.5% discount rate, resulting in a present value of benefits at $ 1,447,593.07 and costs at $ 378,771.64, yielding an SROI ratio of 1:3.82.
Economic impacts comprised 74.09%, driven by increased income in cultural enterprises. Social impacts contributed 23.98%, reflecting community ownership, social cohesion, cultural preservation, and capacity development. Environmental impacts accounted for 1.93%, notably through waste reduction and wetland conservation. These projects support several SDGs: social outcomes (SDGs 4, 11, 16), economic outcomes (SDGs 1, 8), and environmental outcomes (SDGs 6, 11). Overall, the findings demonstrate meaningful socio-economic and environmental value, emphasizing their contribution to sustainable community development.

Authors:
Chadrudee Sirilamduan, Ubon Ratchthani University, Thailand
Wasin Komut, Ubon Ratchathani University, Thailand

About the Presenter(s)
Dr. Chadrudee Sirilamduan, lecturer at Ubon Ratchathani University, specializes in resource management and SROI. Her current research focuses on CBR, cultural capital management, and project evaluation using SROI.

See this presentation on the full schedule – Friday Schedule

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