The literature on social enterprise governance has grown considerably in the last decade, leading to a range of theorisations and empirical studies centred primarily on social enterprises in the UK, Europe and the US. Whilst some articles have discussed the role and growth of social enterprises in Asia, the empirical evidence remains scant.
This presentation draws on survey and interview evidence to identify the prevalent models of governance (compliance, partnership, political and co-optation) in South Korean social enterprises drawing upon established conceptualisations. The result of this investigation is that only few South Korean social enterprises fall neatly into any of these models. As a result, we examined the type, age and size of social enterprises to highlight a range of differences in the relationships within and between board members and management. This might help us appreciate other aspects of governance processes and provide some initial reflections on a model based on development stages of social enterprises.
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