Third Sector Performance: Management and Finance in Not-for-profit and Social Enterprises

Global financial crisis and colossal sovereign debt has resulted in the need for radical cuts in public expenditure in many countries.

Against this background, the contributions in Third Sector Performance acknowledge that, as a result, more imaginative ways of delivering public services are being sought.

In countries like the UK, the new concept of The Big Society envisages third sector, or not-for-profit, or charitable organizations and social enterprises stepping in to mitigate the loss of vital public services.

This development also gives rise to the likelihood that third sector financial institutions such as credit unions and a possible 'Big Society Bank' will grow in importance.

The performance of all these enterprises looks set to become a much more critical issue than it has been in the past.