Social Enterprises' Financial Management - A Summary of a Doctoral Dissertation

With this dissertation, I aim to develop a theoretical environment in which social enterprises (SEs) are active. To do this, I propose general models which describe an SE as a hybrid organisation that blends between social and business purposes. I look for a way to present the social mission and the activities of SEs, taking into consideration the financial return and the mission's realisation. The goal of this thesis is, first, to understand financial mechanisms that take place in SEs, and, second, to help to manage these enterprises by proposing long-term strategies and by reducing risks, such as keeping stakeholders satisfied, realising the social mission, and avoiding bankruptcy. This dissertation is composed of four chapters that give a systematic overview of financial issues related to SEs and provide a novel theoretical approach towards modelling these organisations.