The Social Enterprise Craze: CSO Financial Sustainability in Ghana
As a relatively stable democracy, Ghana has long been a popular country for international donors. However, recent changes in its classification by the World Bank and government proclamations have led to a reduction in foreign aid, forcing Civil Society Organizations (CSOs) to confront the financial...
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| Format: | Article |
| Language: | English |
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De Gruyter
2024-07-01
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| Series: | Nonprofit Policy Forum |
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| Online Access: | https://doi.org/10.1515/npf-2022-0035 |
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| _version_ | 1832593627954544640 |
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| author | Oeding Noemí Newby Kara |
| author_facet | Oeding Noemí Newby Kara |
| author_sort | Oeding Noemí |
| collection | DOAJ |
| description | As a relatively stable democracy, Ghana has long been a popular country for international donors. However, recent changes in its classification by the World Bank and government proclamations have led to a reduction in foreign aid, forcing Civil Society Organizations (CSOs) to confront the financial sustainability of their organizations. In this study, we test the typology proposed by Arhin et al. (2018. “Facing the Bullet? Non-Governmental Organisations’ (NGOs’) Responses to the Changing Aid Landscape in Ghana.” Voluntas: International Journal of Voluntary and Nonprofit Organizations 29 (2): 348–60) which finds that CSOs in Ghana are using six different strategies to work toward financial sustainability. Based on an original survey of 42 CSOs, our findings indicate an almost exclusive focus on income generation in the form of social enterprises. The challenges this poses to the sector are discussed. |
| format | Article |
| id | doaj-art-927181ae64b94b4cb266a98e754a4e93 |
| institution | Kabale University |
| issn | 2154-3348 |
| language | English |
| publishDate | 2024-07-01 |
| publisher | De Gruyter |
| record_format | Article |
| series | Nonprofit Policy Forum |
| spelling | doaj-art-927181ae64b94b4cb266a98e754a4e932025-01-20T11:09:06ZengDe GruyterNonprofit Policy Forum2154-33482024-07-01161557810.1515/npf-2022-0035The Social Enterprise Craze: CSO Financial Sustainability in GhanaOeding Noemí0Newby Kara11383Auburn University, Auburn, AL, USA1383Auburn University, Auburn, AL, USAAs a relatively stable democracy, Ghana has long been a popular country for international donors. However, recent changes in its classification by the World Bank and government proclamations have led to a reduction in foreign aid, forcing Civil Society Organizations (CSOs) to confront the financial sustainability of their organizations. In this study, we test the typology proposed by Arhin et al. (2018. “Facing the Bullet? Non-Governmental Organisations’ (NGOs’) Responses to the Changing Aid Landscape in Ghana.” Voluntas: International Journal of Voluntary and Nonprofit Organizations 29 (2): 348–60) which finds that CSOs in Ghana are using six different strategies to work toward financial sustainability. Based on an original survey of 42 CSOs, our findings indicate an almost exclusive focus on income generation in the form of social enterprises. The challenges this poses to the sector are discussed.https://doi.org/10.1515/npf-2022-0035financial sustainabilitycsosghanagiving |
| spellingShingle | Oeding Noemí Newby Kara The Social Enterprise Craze: CSO Financial Sustainability in Ghana Nonprofit Policy Forum financial sustainability csos ghana giving |
| title | The Social Enterprise Craze: CSO Financial Sustainability in Ghana |
| title_full | The Social Enterprise Craze: CSO Financial Sustainability in Ghana |
| title_fullStr | The Social Enterprise Craze: CSO Financial Sustainability in Ghana |
| title_full_unstemmed | The Social Enterprise Craze: CSO Financial Sustainability in Ghana |
| title_short | The Social Enterprise Craze: CSO Financial Sustainability in Ghana |
| title_sort | social enterprise craze cso financial sustainability in ghana |
| topic | financial sustainability csos ghana giving |
| url | https://doi.org/10.1515/npf-2022-0035 |
| work_keys_str_mv | AT oedingnoemi thesocialenterprisecrazecsofinancialsustainabilityinghana AT newbykara thesocialenterprisecrazecsofinancialsustainabilityinghana AT oedingnoemi socialenterprisecrazecsofinancialsustainabilityinghana AT newbykara socialenterprisecrazecsofinancialsustainabilityinghana |