Abstract
AbstractMany Indigenous communities in Canada have established economic development corporations (EDCs) to support economic development that meets community goals. Indigenous EDCs, like social enterprises, typically prioritize multiple socio‐economic goals and may be used to limit political influence on business operations; however, complete separation can be detrimental to success. This article explores formal mechanisms used by Indigenous EDCs to maintain accountability between levels of governance and ensure Indigenous community‐owned businesses remain focused on community objectives. A literature review, interviews and document analysis were used to identify formal mechanisms to maintain accountability in the context of Indigenous community‐owned forestry businesses in British Columbia, Canada.
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