Social Accounting and Auditing: Assessing the Contribution of Social Capital to Social Enterprise and the Social Economy

doi:10.4324/9780203846070-28

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Social Accounting and Auditing: Assessing the Contribution of Social Capital to Social Enterprise and the Social Economy

ABSTRACT

Across Europe there is a belief that “social capital” should be nurtured to enable inclusive forms of economic development. It has been suggested that what drives social capital within communities are people and not-for-profi t organisations. Their initiatives create employment and strengthen social cohesion-using social capital as a key resource (Kay 2006).