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Guide(s): Aswini Kumar Mishra
Keywords: Economics and finance, SOCIAL ENTERPRISES
University: Birla Institute of Technology and Science
Completed Date: 2018
Abstract: India has 270 million people who live on less than USD 1.90 a day (World Bank 2017). Nearly one third of the nation s citizens live below the official poverty line fixed at the unsustainable amount of Rs 32 per day (as defined by the Rangarajan Expert Group, 2014). In this context, one of the socio newlineeconomic models of intervention for development is the Social Enterprise (SE), a hybrid form of organisation derived from the ecosystems of both private enterprises and Not for Profit organizations (NPOS/ NGOS). SEs relate to societal needs of poverty alleviation, health care, education, and newlineenvironmental issues treading on both private sector and public sector preserves. However due to definitional analysis issues, lack of policy support and frameworks, these hybrid and innovative enterprises face funding and financial challenges. A research gap discovered that there were very few studies on the financial strategies adopted by social enterprises in India with a severe deficit of studies on financial strategies adopted by locally embedded enterprises engaged with the community. Thus in this thesis, the researcher delves into the examination of financial ecosystems of SEs in India with the newlinemain objective of analysing their financial strategies. The case based analysis (Eisenhardt, 1989) is conducted through studying a representative sample in the state of Karnataka in India. Case examination and analysis were conducted through the framing of Apriori themes and constructs developed from literature review. To understand the context of the financial strategies that the social enterprise in India employs, the researcher explores the definitional analysis of SEs globally and in South Asia. The researcher s interpretation of the social enterprise through the researcher developed newlinetriple lens framework is arrived at. The existing framework of policy support for SEs globally and in India, is also examined with an aim of policy prescription. The research findings revealed that the SE performs a transformational role by offering
Pagination: 229p.
Appears in Departments:Economics & Finance

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