DescriptionIn the years of the cold war, countries modelled their education development on either the ideology of communism or capitalism. Ghana’s model for development after was communism due to the socialist government of Ghana immediately after independence. From 1981 onwards, the World Bank program, Structural Adjustment Program (SAP) transformed the economic base of the country.
The concept of Social Enterprise (SE) is nascent in the economic fabric of the country. The act for registration of entities in Ghana give room for sole proprietorship, partnership and limited entities under the law. For this reason, there is no clear or legal definition of Social Enterprise in Ghana. This has given room for several different definitions and explanations of social enterprise in Ghana. Classification of an entity or a sector is a foundation for a good governance, sustainability and development. This paper seeks to address the issue of classification of social enterprises in Ghana. The methodology adopted is quantitative in nature, whereby questionnaire will be administered to key stakeholders in order to classify organizations as SE using standard criteria and metrics.
The classifications of social enterprise evolving from the analysis will inform policy decisions in regulating social enterprises for optimal performance and, clearly delineate its relationship(s) with other organizations, such as not-for-profit organizations and businesses in Ghana. SE has the potential in addressing market failures in our societies when classified appropriately and the necessary economic platform created for their operations. The findings from this study are also expected to promote inclusive economic growth and development of deprived communities in Ghana.
|26 May 2022
|Centre for Rural Management , India
|Degree of Recognition