A framework for the governance of social enterprise

摘要

Purpose - This paper aims to assess the appropriateness of two contrasting models of governance to organisations within the social enterprise sector. Design/methodology/approach - In order to achieve this aim the paper draws on theories of for-profit governance, particularly the stewardship model, and theories of non-profit governance, particularly the democratic model. Theoretical insights from these literatures are then combined with the emerging literature on social enterprise. Findings - Two propositions result from this which posit that social enterprise, despite being located within the non-profit sector, may be more likely to exhibit for-profit forms of governance. Practical implications - Practitioners within social enterprises, and those operating in advisory roles to the sector, could benefit from the argument advanced in the paper in that it offers a potential governance solution to the distinctive management challenges being faced by social enterprises. Originality/value - The paper contributes a framework for examining governance within social enterprises, and offers a guide for future research into social enterprise governance.