Financing Social Enterprises: An Upper Echelon Perspective

2021 ◽  
pp. 231971452110330 ◽  
Author(s):  
Ritesh Shahi ◽  
Nadiya Parekh
Keyword(s):  
Organizational Factors ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Upper Echelon ◽  
Financial Decisions ◽  
Financing Decisions ◽  
Study Approach ◽  
Upper Echelons Theory ◽  
Financing Strategy

Social entrepreneurship literature is silent on what governs social enterprises’ (SE) financing decisions in contexts where there are no clear legal distinctions between social and commercial enterprises. Using a qualitative multiple case study approach, this research explores how social entrepreneurs decide their financial strategies and evaluate investors in such contexts where such blurred boundaries exist. The case study of nine Indian SEs operating in emerging sectors of health, education, and agriculture reveals social entrepreneurs’ perspectives on SE financing and practical dilemmas faced when moving beyond donation is considered. Our findings present that the organizational factors governing their financing strategy and due diligence criteria used for investor evaluation reflect the social entrepreneur’s value-based lens of self-conceptualizing their own vision of ‘What is a Social Enterprise’ in their financial decisions. Though this does not adhere to popular capital structure theories used in commercial finance, it conforms with Hambrick and Mason’s Upper Echelons Theory, which states that organizations reflect their top executive’s values and belief in their decisions. We observe in our study that self-discretion and value expression is a contextual necessity for social entrepreneurs operating in emerging sectors where there are no clear legal distinctions in organizational forms or theoretical directives on financing decisions.

Ascertaining the effectiveness of Economic and Financial Crimes Commission (EFCC) in tackling corruptions in Nigeria

2018 ◽  
Vol 25 (3) ◽  
pp. 658-668 ◽  
Author(s):  
Ibrahim Umar ◽  
Rose Shamsiah Samsudin ◽  
Mudzamir bn Mohamed
Keyword(s):  
Poor Performance ◽  
Organizational Factors ◽  
Content Type ◽  
Study Approach ◽  
Documentary Analysis ◽  
Current State ◽  
Financial Crimes ◽  
Lack Of Commitment ◽  
Depth Interviews

Purpose The purpose of this paper is to appraise the Nigerian Economic and Financial Crimes Commission (EFCC) of their role in tackling systemic corruptions and to associate how institutional and organizational factors influence the performance of the EFCC. Design/methodology/approach Data were gathered through in-depth interviews, non-participatory observations and documentary analysis. Findings The results of the integrative analysis show that the EFCC has apparently been ineffective, and further improvization of the organization is needed. Poor performance of the EFCC was associated with factors such as lack of commitment, inefficient judiciary, insufficient budgets and incompetent personnel. Practical implications This study recommends further improvements in the form of a greater political will, improved legal process and also elevated budgetary funds and recruitment of personnel to the EFCC. Originality/value The study adopted a descriptive, qualitative case study approach to describe the current state of the EFCC in Nigeria.

Social Enterprises as Hybrid Organisations

2021 ◽  
pp. 73-85
Author(s):  
Mehlika Saraç
Keyword(s):  
Social Impact ◽  
Single Case ◽  
Social Enterprises ◽  
Social Value ◽  
Value Capture ◽  
Study Approach ◽  
Hybrid Organizing ◽  
Qualitative Descriptive ◽  
Dual Objectives

Social enterprises are organizations that seek to achieve social goals through innovative and social value-creating activities. However, besides their social objectives, they are confronting financial and resource-based challenges in the markets to provide their sustainability. The tension between these dual objectives leads organizations to focus on one of the strategies value-creating or value capture. However, in recent years, hybrid organizing is seen as an alternative way of balancing dual objectives. Thus this study aims to understand how hybrid social enterprises perform well and create social impact. A qualitative descriptive single case study approach will be used to analyze a hybrid organization and its consequences.

Adopting Bricolage to Overcome Resource Constraints: The Case of Social Enterprises in Rural India

2019 ◽  
Vol 15 (02) ◽  
pp. 371-402 ◽  
Author(s):  
Pradeep Kumar Hota ◽  
Sumit Mitra ◽  
Israr Qureshi
Keyword(s):  
Emerging Economies ◽  
Resource Constraints ◽  
Social Contexts ◽  
Operating Conditions ◽  
Social Enterprises ◽  
Future Research ◽  
Social Entrepreneurs ◽  
Social Challenges ◽  
Study Approach ◽  
Dual Objectives

ABSTRACTSocial enterprises (SEs) primarily aim to create social value, that is, to generate benefits or reduce costs for society, while maintaining financial sustainability. Owing to their unique operating conditions and organizational characteristics, SEs face more severe resource challenges than their commercial counterparts. These challenges are exacerbated for SEs operating in emerging economies with complex social contexts. Overcoming these resource constraints and social challenges is vital for SEs to achieve their mission. Using an inductive multiple case-study approach, we identify a unique bricolage solution for achieving the dual objectives of SEs. Our findings suggest that identifying locally embedded village level entrepreneurs is a bricolage activity that social entrepreneurs leverage in the resource constrained environment of emerging economies, especially for the social enterprises that are active in the villages but were founded by social entrepreneurs who are not from these villages. This article therefore contributes to both social entrepreneurship literature as well as entrepreneurial bricolage literature and has important implications for future research and practice.

scholarly journals Drivers toward Social Entrepreneurs Engagement in Poland: An Institutional Approach

2020 ◽  
Vol 10 (1) ◽  
pp. 5 ◽  
Author(s):  
Agnieszka Pacut
Keyword(s):  
Institutional Economics ◽  
Institutional Environment ◽  
Secondary Data ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Case Study Methodology ◽  
Exploratory Data ◽  
Study Methodology ◽  
The Impact

The aim of this study is to identify the factors that influence the involvement of individuals in social entrepreneurship in Poland from an institutional economics perspective. The research is based on exploratory data analysis using qualitative data covering 22 interviews with social entrepreneurs and 10 representatives of stakeholders from Poland as well as observations and secondary data. By employing an inductive approach and a case study methodology, it can be stated that involvement of social entrepreneurs is stimulated by a complex set of factors. Moreover, the results show the importance of the institutional environment for social enterprises in Poland, including the impact of formal and informal institutions on their development. The findings contribute to enhancing the knowledge on factors determining the establishment and development of social enterprises in Poland given the institutional economics perspective.

scholarly journals In the Space between Employees and Clients: The Impact of Organizational Context on a Refugee Program in Sierra Leone

Refuge ◽  
2008 ◽  
pp. 35-43 ◽  
Author(s):  
Lakshmi Ramarajan
Keyword(s):  
Sierra Leone ◽  
Organizational Context ◽  
Humanitarian Aid ◽  
Organizational Factors ◽  
Organizational Characteristics ◽  
Program Outcomes ◽  
Internally Displaced ◽  
Study Approach ◽  
The Impact

This paper uses a case-study approach to describe how organizational characteristics may influence program outcomes in humanitarian aid situations. Organizational structure and human resource management are discussed as organizational factors that influence the vulnerabilities of clients and employees. Interview and archival data from a program on reintegrating refugee and internally displaced women and girl survivors of sexual violence in Sierra Leone and observations based on the author’s experience with the organization provides a relevant basis for isolating the firm as an important context within which refugee programs are embedded.

scholarly journals Antecedent Factors of Self-Directed Learning in the Workplace: A Case Study in a Private Organization in Indonesia

2019 ◽  
Vol 5 (2) ◽  
pp. 41-52
Author(s):  
Ida Juliana Hutasuhut ◽  
Shahren Ahmad Zaidi Adruce ◽  
Hasbee Usop
Keyword(s):  
Workplace Learning ◽  
Organizational Factors ◽  
Personal Factors ◽  
Self Directed Learning ◽  
Study Approach ◽  
Qualitative Research Design ◽  
Private Organization ◽  
Analysis Technique ◽  
Directed Learning

Self-directed learning (SDL) is becoming a prominent issue discussed in the workplace learning topic. Each of the employees needs to be aware that organizations need people who do not only believe the importance of learning but they must have initiative and capability to learn effectively. This study aims to examine the antecedent factor of the emergence of SDL in the workplace. This study using qualitative research design, particularly case study approach conducted in a prominent motorcycle-manufacturing company in Indonesia that intentionally set the organizational direction toward a learning organization. A total of thirty staff and managers were purposively selected and interviewed using a semi-structured approach. The Data gathered were analyzed using the content analysis technique. Findings indicate three factors as the antecedent to the emergence of SDL in the workplace, namely: personal factors, organizational factors, and family support. Discussion and recommendations based on research findings will be explained later.         Keywords: Self-Directed learning, Workplace learning, Organizational learning  

Going the Extra Mile: Managers and Supervisors as Moral Agents for Workers with Disability at Two Social Enterprises

2019 ◽  
Vol 73 (4) ◽  
pp. 728-752 ◽  
Author(s):  
Timothy Bartram ◽  
Jillian Cavanagh ◽  
Stephen Sim ◽  
Patricia Pariona-Cabrera ◽  
Hannah Meacham
Keyword(s):  
Moral Agency ◽  
Management Practice ◽  
Social Enterprises ◽  
Theory And Practice ◽  
Employment Relations ◽  
Structured Interviews ◽  
Policy And Practice ◽  
Ethical Management ◽  
Study Approach

This study examines the ethical management of workers with disability (WWD) employed at two social enterprises in Australia. Viewed largely through the spectrum of institutionally-based conflict in the employment relationship, this research draws on a framework of situated moral agency (Wilcox, 2012) to establish the ways in which WWD are afforded opportunities to engage in work and how managers and supervisors practise situated moral agency at the workplace. A qualitative case study approach is used with 62 participants through semi-structured interviews and focus groups.Key findings demonstrate supervisors constantly have to reshape and reinterpret human resource management (HRM) policies and practices to exercise and extend moral agency. This phenomenon suggests contradictions between moral agency and ethical management practice within current HRM regimes. The key message of the paper is that HRM does not always support the ethical management of WWD.Consequently, we question the ethical nature of contemporary HRM policy and practice for WWD, and argue for further research to unpack ethical ways to more effectively support WWD in the workplace. For WWD to be included at work, achieve life skills and their goals, managers and supervisors need to engage with their moral agency. Finally, we draw implications for management and employment relations theory and practice.

Artistic creative social entrepreneurs and business model innovation

2019 ◽  
Vol 21 (2) ◽  
pp. 149-162 ◽  
Author(s):  
Noel James Pearse ◽  
Judita Peterlin
Keyword(s):  
Business Model ◽  
Identity Theory ◽  
Role Identity ◽  
Business Model Innovation ◽  
Social Entrepreneur ◽  
Social Entrepreneurs ◽  
Content Type ◽  
Study Approach ◽  
Role Identity Theory

Purpose From the perspective of role identity theory, the purpose of this paper is to explain how an artistic creative entrepreneur has set up and operates a business that incorporates a component of social responsibility into the business model. Design/methodology/approach An explanatory case study approach was followed in analysing the case of Alenka Repic, the founder and creative director of the company Kaaita, which operates from Slovenia. Data were collected through documentation and interviews and content analysis was used to analyse the data. Findings Kaaita has adopted an innovative and socially responsible business model as an artistic creative enterprise. The case study firstly introduces Kaaita and its innovative business model. Thereafter, it describes and discusses the defining roles of Alenka Repic as an entrepreneur and how these roles have shaped what Kaaita does and how it operates. Research limitations/implications This explanatory case study has presented the unique case of an artistic creative social entrepreneur, and the innovative business model that has been adopted. However, because only one case has been presented here, it is recommended that additional case studies be conducted. It is also recommended that additional research be conducted in the area of sustainable business model innovation. Practical implications The case illustrates how a more deliberate consideration of their role identity could assist entrepreneurs in aligning their personal values and beliefs with how they create, operate and develop their enterprise. It also serves as a reminder to both scholars and aspiring entrepreneurs that the essence of entrepreneurship is to have the passion and courage to be innovative and disruptive and that educators should focus on cultivating skills that are related to identifying and exploiting opportunities for innovative disruption. Originality/value The study draws on role identity theory to gain insight into the roles that are exercised in developing an innovative business model that combines diverse types of entrepreneurship.

scholarly journals Factors influencing the non-disclosure of sustainability information on Malaysian district councils' websites within an institutional theory framework

2011 ◽  
Vol 8 (1) ◽  
pp. 1 ◽  
Author(s):  
Corina Joseph
Keyword(s):  
Institutional Theory ◽  
Development Program ◽  
Organizational Factors ◽  
Case Study Approach ◽  
Structured Interviews ◽  
Study Approach ◽  
Factors Influencing ◽  
Lack Of Commitment ◽  
Theory Framework

This study examined why Malaysian district councils did not report sustainability information on their websites. It is a case study approach using semi-structured interviews. Results indicated that internal and external organizational factors influenced the non-reporting of sustainability information on councils' websites. In institutional theory, the lack of commitment shown by the top management in implementing sustainable development program appears to discourage the promotion of normative isomorphic pressure for disclosing sustainability information on websites. There is evidence of coerciveisomorphism relating to website bureaucratic procedures, but, not relating to disclosure of sustainability information. The overall findings may assist in formulating policiesto encourage district councils to report sustainability information to stakeholders.

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