Munich Business School


Barbara Scheck: Financing of Social Entrepreneurship


Munich Business School
Professor for Entrepreneurship

Barbara Scheck started her career in the German Diplomatic Service before co-founding and heading a financial literacy project established by Allianz, McKinsey & Company, KPMG and Grey. During her Ph.D. she has developed the Social Reporting Standard, guidelines for impact-oriented reporting. Other significant experiences include consulting for a social venture capital fund and projects for development cooperation agencies on social entrepreneurship. She furthermore supports the Social Entrepreneurship Akademie (SEA) in Munich in developing novel education programs for societal change. She is a member of the EU’s GECES subgroup on impact measurement in social enterprise, the Impact Measurement Working Group of the Social Impact Investment Task Force established by the G8 and co-founder of Volunteer Vision, an online corporate volunteering platform. Her research focuses on the financing of social enterprises, impact and mission-related investing and impact assessment. She holds a Diplôme de Grande Ecole and MSc from the European School of Management where she studied International Business Administration in Paris, Oxford and Berlin and a PhD from Technical University Munich. Before joining MBS, Barbara Scheck was Assistant Professor for Social Investment at the University of Hamburg since 2012.

[Courses and focus]

At MBS: Professor for Entrepreneurship

Courses: Bachelor International Business, Master International Business, Master Sports Business and Communication

Focus: Entrepreneurship, Social Entrepreneurship



Spiess-Knafl W., Scheck B. (2017): Impact Investing – Instruments, Mechanisms and Actors, Palgrave Macmillan 2017, ISBN: 978-3-319-66555-9, 978-3-319-66556-6

Published Papers

Scheck, Barbara / Spiess-Knafl, Wolfgang (2017): Bestmögliche Wirkung erzielen. In: StiftungsWelt 01/2017, S. 34-35.

Scheck, Barbara (2016): Begleitevaluation JuMP - Jugendliche mit Perspektive - Zusammenfassung und Kernaussagen. German Version from "Bayerisches Staatsministerium für Arbeit und Soziales, Familie und Integration"// (English Version)

Scheck, B., Höchstädter, A. K. and Busch, T. (2016): Making Money at the Expense of the Poor? An Investigation of Individuals’ Preferences to Impact Invest Versus Donate. ACRN Oxford Journal of Finance and Risk Perspectives 5 (2), 141-163.

Wörrlein, L. / Scheck, B. (2016): Performance management in the third sector: a literature-based analysis of terms and definitions. Public Administration Quarterly 40 (2), S. 220-255.

Höchstädter, A.-K./ Scheck, B. (2015): What’s in a Name: An Analysis of Impact Investing Understandings by Academics and Practitioners. Journal of Business Ethics 132 (2), S. 449-475. Doi: 10.1007/s10551-014-2327-0.

Lütjens-Schilling, L. /Scheck, B. (2015): Mapping the market: Conditions and potential for building an impact investing market in Morocco. Studie für The Impact Investing Policy Collaborative, September 2015.

Scheck, B. / Spiess-Knafl, W. (2014): Die Besonderheiten von Sozialunternehmen hinsichtlich Finanzierung und Reporting. In: Bock, K., Dörr, M., Homfeldt, H.G., Krüdener, J.S., Thole, W. (Eds.): Grundlagen der sozialen Arbeit, Band 34: Sozialunternehmertum, S. 139-152.

Höchstädter, A.-K./ Scheck, B. (2014): Mapping the social impact investing market in Germany. An overview of opportunities in the education space. Studie für The Impact Investing Policy Collaborative, June 2014.

Scheck, B. (2014): A standard for social impact reporting. The Conference Board Initiative on Corporate Philanthropy.

Scheck, B. / Höchstädter, A.-K. (2013): Social Impact Bond: Ein innovatives Instruments zur Finanzierung sozialer Dienstleistungen. Forum Nachhaltig Wirtschaften, 4/2013, S. 116-118.

Weber, M. /Scheck, B. (2012): Impact Investing in Deutschland. Bestandsaufnahme und Handlungsansweisungen zur Weiterentwicklung. Studie im Auftrag der Bertelsmann Stiftung. Gütersloh.

Roder, B./ Achleitner, A.-K./Bassen, A. (2011): Ein Reporting Standard für Social Entrepreneurs, in: H. Hackenberg, und S. Empter (Hrsg.): Social Entrepreneurship – Social Business: Für die Gesellschaft unternehmen, Wiesbaden, S. 328-336.

Bassen, A. /Roder, B. (2009): Social Entrepreneurship – Ein Thema für junge Menschen?, in: B. Hekmann (Hrsg.): Generation Unternehmer? Youth Entrepreneurship Education in Deutschland, Gütersloh, S. 271–282.

Achleitner, A.-K./Bassen, A. /Roder, B. /Lütjens, L. (2009): Ein Reporting Standard für Social Entrepreneurs, in: Ökologisches Wirtschaften, 4 (2009), S. 30–34.

Achleitner, A.-K./Bassen, A. /Roder, B. /Spiess-Knafl, W. (2009): Reporting in Social Entrepreneurship, Paper presented at the 6th Annual NYU-Stern Conference on Social Entrepreneurship, New York, Download under SSRN:

Achleitner, A.-K./Bassen, A. /Roder, B (2009): An Integrative Framework for Reporting in Social Entrepreneurship, Download under SSRN:

Achleitner, A.-K. /Bassen, A. / Heister, P. / Roder, B. (2008): Perspektiven des Entrepreneurship – Social Entrepreneurship, in P. Russo/ F. Strascheg/ R. Gleich (Hrsg.): Von der Idee zum Markt, München 2008, S. 253-263.

Conferences/Speech (Selection)

Bayerisches Staatsministerium für Arbeit und Soziales, Familie und Integration: Zukunftswerkstatt des Forums Soziales Bayern (FSB) - Plenumsveranstaltung "Soziale Innovation", Keynote , München, 29.09.2016.

Tapping into Private Sector Resources by Leveraging Corporate Volunteers. Panel anlässlich der Social Enterprise Conference - Presented by the Students of Harvard Business School and Harvard Kennedy School of Government, Cambridge /USA 2014.

Interventions in Support of Social Entrepreneurship in Morocco - an interdisciplinary approach to definition and ecosystem analysis. Vortrag anlässlich der Konferenz L’entrepreneuriat social dans les pays en développment : levier d’une croissance responsable?  Université de Fés, Fés/Marokko, 27./28. September 2013.

Impact Investing in Germany – national engagement strategy and KfW financing program for social entrepreneurs und Impact Investing in Morocco – Initiative nationale pour le développement humain (INDH). Vorträge anlässlich der Policy Innovation in Impact Investing Conference der Impact Investing Policy Collaborative (IIPC), London und Oxford, 07.-09. Juli 2013.

Der Social Reporting Standard – wirkungsorientierte Berichterstattung für Stiftungen. Vortrag anlässlich des Stifungstages der Berenberg Bank, Hamburg,  22. August 2013.

Social Investing – what matters from the perspective of social enterprises. Vortrag anlässlich der 2013 Babson College Entrepreneurship Research Conference, Lyon, 5.-8. Juni 2013.

Wirkungsmessung: Was ist Erfolg? Vortrag anlässlich der Wintertagung des Arbeitskreises Unternehmensstiftungen, Bundesverband Deutscher Stiftungen, Bonn, 19. Januar 2011.

Reporting im Social Entrepreneurship. Vortrag anlässlich der Hamburger Tage des Stiftungs- und Non-Profit-Rechts, Hamburg, 5.-6. November 2010.

The Allianz4Good Scorecard – Taking a Strategic, Long-term Perspective With Regard to Social Engagement. Vortrag anlässlich der 4th International Conference on Corporate Social Responsibility, “CSR-Challenges Around the Globe”, Humboldt-Universität zu Berlin, 22.-24. September 2010.

Social Reporting Standard - Vorstellung und Diskussion eines neuen Berichtsstandards für Sozialunternehmer. PricewaterhouseCoopers, Frankfurt, 1. Juli 2010.

Reporting in Social Entrepreneurship. Vortrag anlässlich der 6th Annual Satter Conference on Social Entrepreneurship, NYU Stern Center for Entre¬preneurship and Innovation, New York, 4.-6. November 2009.

Ein Reporting Standard for Social Entrepreneurs. Vortrag anlässlich der GETIDOS Tagung „Social Entrepreneurship – Status Quo 2009“ (awarded Best Paper Prize), Berlin, 16.-17. Juli 2009

Berichterstattung von Sozialunternehmen. Vortrag anlässlich 11. Forum Gründungs¬forschung, Dortmund, 06.-07. November 2008.

Reporting im Social  Entrepreneurship. Vortrag anlässlich der 3rd International CSR-Conference „Corporate Responsibility and Governance“, Humboldt-Universität zu Berlin, 8.-10. Oktober 2008.

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