Governance for sustainable social enterprise performance: moving beyond control mechanisms / Aziatul Waznah Ghazali … [et al.]

Ghazali, Aziatul Waznah and Shafie, Nur Aima and Mohd Sanusi, Zuraidah and Sanusi, Soliha and Zolkaflil, Salwa (2023) Governance for sustainable social enterprise performance: moving beyond control mechanisms / Aziatul Waznah Ghazali … [et al.]. Asia-Pacific Management Accounting Journal (APMAJ), 18 (1): 7. pp. 155-177. ISSN 2550-1631

Abstract

One of the prominent challenges of social enterprises is the inability to sustain their performance. In recent years, there have been instances where social enterprises have faced issues related to mismanagement, and these incidents have been associated with lack of effective governance. Therefore, this qualitative study engaged semi-structured interviews with representatives of social enterprises in Malaysia in assessing and examining the ideal governance framework that would suit the needs of social enterprise to attain sustainable performance. At first glance, the findings suggest that governance is achieved through effective control mechanisms and accountability practices. However, the respondents had also shared some insights that would suggest a forward-looking approach to social enterprise governance that prioritises sustainability, innovation, and social impact, rather than just control and compliance. Additionally, another substance being highlighted by the respondents that is closely related with social enterprise governance is about building relationships and trust.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Ghazali, Aziatul Waznah
UNSPECIFIED
Shafie, Nur Aima
aimashafie@uitm.edu.my
Mohd Sanusi, Zuraidah
UNSPECIFIED
Sanusi, Soliha
UNSPECIFIED
Zolkaflil, Salwa
UNSPECIFIED
Subjects: H Social Sciences > HD Industries. Land use. Labor > Corporations > Corporate organization. Corporate governance
Divisions: Universiti Teknologi MARA, Shah Alam > Accounting Research Institute (ARI)
Journal or Publication Title: Asia-Pacific Management Accounting Journal (APMAJ)
UiTM Journal Collections: UiTM Journal > Asia-Pacific Management Accounting Journal (APMAJ)
ISSN: 2550-1631
Volume: 18
Number: 1
Page Range: pp. 155-177
Keywords: Governance, sustainability, control mechanisms, social enterprise, performance
Date: April 2023
URI: https://ir.uitm.edu.my/id/eprint/81140
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