- Social enterprises are organisations that pursue a social mission using market mechanisms. From a policy perspective, they are promising vehicles to create both social and economic value for society in times when public funds are shrinking and the financial viability of charities and non-profit organisations (NPOs) is increasingly at stake. From a civil society perspective, they are an important organisational form to ensure longevity, financial viability, and sustainability of mission-driven organisations. Social enterprises are neither typical charities nor typical businesses but combine aspects of both, using commercial activities as means toward social ends. They are often small or medium-sized1 and do not draw on highly elaborated governance arrangements as do larger for- or non-profit organisations. Governance often resembles a grey zone for these organisations, and the approach social enterprises adopt ranges from formal, legally binding arrangements to more flexible and context-based ones.