The Benefits of Implementing Social Audit in Social Enterprises

Abstract

The purpose of this study is to analyze the benefits of implementing social audit in social enterprises. To achieve this goal, the essential characteristics of social enterprises and social audit are analyzed, some good examples of social enterprises are presented, as well as some unethical practices of social enterprises. Modern community is facing a number of difficulties and challenges. It is known that social enterprises have the ability and potential to bring about positive change, but the implementation of social audit would ensure sustainable economic activity in the name of a social cause, protecting all stakeholders.