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Relationship Between Mission Drift and Financial Strategies in Social Enterprises

Relationship Between Mission Drift and Financial Strategies in Social Enterprises

Ramon Bastida, Marta Mas-Machuca
Copyright: © 2019 |Pages: 17
ISBN13: 9781522562986|ISBN10: 1522562982|EISBN13: 9781522562993
DOI: 10.4018/978-1-5225-6298-6.ch008
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MLA

Bastida, Ramon, and Marta Mas-Machuca. "Relationship Between Mission Drift and Financial Strategies in Social Enterprises." Handbook of Research on Value Creation for Small and Micro Social Enterprises, edited by Chi Maher, IGI Global, 2019, pp. 151-167. https://doi.org/10.4018/978-1-5225-6298-6.ch008

APA

Bastida, R. & Mas-Machuca, M. (2019). Relationship Between Mission Drift and Financial Strategies in Social Enterprises. In C. Maher (Ed.), Handbook of Research on Value Creation for Small and Micro Social Enterprises (pp. 151-167). IGI Global. https://doi.org/10.4018/978-1-5225-6298-6.ch008

Chicago

Bastida, Ramon, and Marta Mas-Machuca. "Relationship Between Mission Drift and Financial Strategies in Social Enterprises." In Handbook of Research on Value Creation for Small and Micro Social Enterprises, edited by Chi Maher, 151-167. Hershey, PA: IGI Global, 2019. https://doi.org/10.4018/978-1-5225-6298-6.ch008

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Abstract

Social enterprises (SEs) have an important role in the social services provision. Many of those enterprises provide services, such as care services to elderly people and young people at risk of exclusion, work integration services, mediation, etc. In European Union (EU) countries, public administrations are obliged to provide these services to the citizens, although they externalize the provision to SEs. In this chapter, the financial strategies of SEs are analyzed in order to assess if they have any impact on mission drift. The analysis is based on the experiences of three SEs that provide social services in Catalonia, Spain. Several interviews with managers and board members of SEs were done. The results indicate that there is an important financial dependency of these SEs on the public administration. Therefore, SEs have problems to remain mission-focused, and a mission drift into market positions has been observed.

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