Asian Impact Management Review is an affiliate of Asian Institute for Impact Measurement and Management
Glossary
Counterfactual
Definition
- The situation or condition that hypothetically may prevail for Stakeholders if the entity did not take any action. Measures what would have happened anyway in the absence of the entity’s action or decision. Determine how much of the Outcome Depth and Outcome Duration is caused by unidentified ‘systemic’ factors. This is estimated by comparing counterfactual outcomes to those observed under the intervention.
- How much of the Outcome Depth and Outcome Duration is caused by unidentified ‘systemic’ factors. This is estimated by comparing counterfactual outcomes to those observed under the intervention.
- A measure of the amount of outcome that would have happened even if the activity had not taken place. For example, there is often the chance the people could have experienced the same changes by working with another organization, or even without the support from anyone.
Source
- OECD. (2010). Glossary of key terms in evaluation and results based management. https://www.oecd.org/dac/evaluation/2754804.pdf ; Social Value International, https://www.socialvalueint.org/
- Standards and Guidance. (n.d.). Retrieved September 19, 2022, from https://www.socialvalueint.org/standards-and-guidance
- Glossary 2.0 – Social Value International. (2023). Social Value International. https://www.socialvalueint.org/glossary-20
