Author Information
Chadrudee Sirilamduan, Ubon Ratchathani University, ThailandWasin Komut, Ubon Ratchathani University, Thailand
Abstract
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.
Paper Information
Conference: KAMC2025Stream: Cultural Studies
This paper is part of the KAMC2025 Conference Proceedings (View)
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To cite this article:
Sirilamduan C., & Komut W. (2026) Measuring the Benefits of Cultural Capital Management: An SROI Perspective ISSN: 2436-0503 – The Kyoto Conference on Arts, Media & Culture 2025: Official Conference Proceedings (pp. 143-158) https://doi.org/10.22492/issn.2436-0503.2025.14
To link to this article: https://doi.org/10.22492/issn.2436-0503.2025.14
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