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).

Downloads

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

Issue

Vol. 3 No. 2 (2023): Oktober

Section

Articles

License

Copyright (c) 2023 Authors

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

License

APPSAI Accounting Review is licensed under Creative Commons Attribution 4.0 International License.

You are free to:

  1. Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
  2. Adapt — remix, transform, and build upon the material for any purpose, even commercially.
  3. The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

  1. Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  2. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

Copyright

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgment of initial publication in this journal.

Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges and earlier and greater citation of published work (See The Effect of Open Access).