SOCIAL RETURN ON INVESTMENT DAN STUDI KELAYAKAN EKONOMI WISATA EDUKASI GREEN FRESH FARM

Authors

  • Elizabeth Lucky Maretha Sitinjak Universitas Katolik Soegijapranata
  • Stephana Dyah Ayu Ratnaningsih Universitas Katolik Soegijapranata

DOI:

https://doi.org/10.26418/apssai.v3i2.96

Keywords:

IRR, NPV, Payback, Profit index, SROI

Abstract

The research aims to assess the effectiveness of the social return on investment (SROI), which is a measure of the social impact of the Green Fresh Farm (GFF) design, a cow's milk educational tourism site. Through an estimation approach (predicting the social value that produces activities following the desired outcomes), it can be observed that people feel long-term changes (outcomes) from their participation in activities designed by GFF educational tourism. These results are supported by the results of the SROI analysis which shows feasibility for 5 consecutive years and an economic feasibility study (NPV=2.271.000, EIRR=5.9%, payback=7.24 years, and profit index=1.33). This shows that the GFF Jatirejo Cow Milk Educational Tourism is economically feasible as well as SROI and has an impact (generating benefits of IDR 7.2 compared to the investment value).

Published

28-10-2023

How to Cite

Sitinjak, E. L. M., & Ratnaningsih, S. D. A. (2023). SOCIAL RETURN ON INVESTMENT DAN STUDI KELAYAKAN EKONOMI WISATA EDUKASI GREEN FRESH FARM. APSSAI ACCOUNTING REVIEW, 3(2), 243–259. https://doi.org/10.26418/apssai.v3i2.96

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