This paper aims to explore how to quantify the social value generated by higher education from a social accounting perspective. The proposed approach is integrated social value (ISV) analysis, a social accounting model that considers both the economic value and the social value created by an organisation for its stakeholders.,The ISV analysis has been applied to Pompeu Fabra University, following a participatory action research process with representatives of the university and its stakeholders.,The final ISV includes not only the social value created through the university’s economic activity – captured by economic and financial accounting indicators – but also the specific social value created for the different stakeholders by means of non-market relationships, which were monetised through the use of indicators and financial proxies.,Like other social accounting methodologies, ISV analysis suffers from some limitations regarding data availability and economic pricing, that partly will be resolved with maturation of the methodology and increasing standardisation.,By using appropriate proxies, the non-market value of the university can be monetised and integrated with university’s market value. The social value results become a valuable tool for developing useful indicators for internal management and external communication.,The process of measuring the social value created by universities provides a way to meet the rising demands for greater accountability and transparency and facilitates engagement with stakeholders on how these institutions are contributing to a sustainable society.,ISV is a recently proposed social accounting model that combines an organisation’s economic and social results into a single concept of value creation and thus contributes to advance the field of social accounting.

中文翻译：

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社会价值分析：以庞培法布拉大学为例

本文旨在探讨如何从社会会计的角度对高等教育产生的社会价值进行量化。提议的方法是综合社会价值 (ISV) 分析，这是一种考虑组织为其利益相关者创造的经济价值和社会价值的社会会计模型。在参与行动之后，ISV 分析已应用于庞培法布拉大学与大学及其利益相关者代表的研究过程。,最终的 ISV 不仅包括通过大学经济活动创造的社会价值——由经济和财务会计指标捕捉——还包括通过以下方式为不同利益相关者创造的特定社会价值非市场关系，通过使用指标和财务代理货币化。与其他社会会计方法一样，ISV 分析在数据可用性和经济定价方面存在一些限制，这部分将随着方法的成熟和标准化程度的提高而得到解决。,通过使用适当的代理，大学的非市场价值可以货币化并与大学的市场价值相结合。社会价值结果成为为内部管理和外部沟通制定有用指标的宝贵工具。,衡量大学创造的社会价值的过程提供了一种方法来满足日益增加的问责制和透明度要求，并促进利益相关者参与这些机构正在为可持续发展的社会做出贡献。，