Third Sector Performance : Management and Finance in Not-for-profit and Social Enterprises

Third sector organizations are not the same as conventional businesses and are also subtly different from the public sector. There is currently a dearth of knowledge and a lack of research into issues around performance in the Third Sector or Civil Society. This book begins to fill a void in the knowledge base.

Global financial crisis and colossal sovereign debt has resulted in the need for radical cuts in public expenditure in many countries. Against this background, the contributions in Third Sector Performance acknowledge that, as a result, more imaginative ways of delivering public services are being sought. In countries like the UK, the new concept of The Big Society envisages third sector, or not-for-profit, or charitable organizations and social enterprises stepping in to mitigate the loss of vital public services. This development also gives rise to the likelihood that third sector financial institutions such as credit unions and a possible ''Big Society Bank'' will grow in importance. The performance of all these enterprises looks set to become a much more critical issue than it has been in the past. The editors have gathered in this volume, chapters reflecting the fact that third sector organizations are not the same as conventional businesses and are also subtly different from the public sector. There is currently a dearth of knowledge and a lack of research into issues around performance in the Third Sector or Civil Society. This book begins to fill a void in the knowledge base. The internationally sourced contributions represent a balanced offering of academic research findings and practitioner accounts from the Third Sector, together with a section devoted specifically to third sector finance institutions. This book will appeal, internationally, to policy makers within the third sector or involved in the management of n-f-p and voluntary organisations, as well as to those with responsibility for wider public policy, scholars teaching or researching in this area, and students of business and management preparing for roles in social enterprises.