2014
DOI: 10.2139/ssrn.2379012
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The Role of Social Enterprise and Hybrid Organizations

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Cited by 20 publications
(25 citation statements)
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References 9 publications
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“…≥ā, the worker's utility increases byā − a(i). 16 But if a(i) + d(i) <ā, the worker's utility increases only by d(i) <ā − a(i). Using equations (2) and (9), the probability that a(i) + d(i) <ā, is the same as the probability that a < E(a) + 1 2γ for a for-profit firm and a < E(a) + v 2γ for a non-profit.…”
Section: The Entrepreneur's Choice Of Legal Formmentioning
confidence: 99%
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“…≥ā, the worker's utility increases byā − a(i). 16 But if a(i) + d(i) <ā, the worker's utility increases only by d(i) <ā − a(i). Using equations (2) and (9), the probability that a(i) + d(i) <ā, is the same as the probability that a < E(a) + 1 2γ for a for-profit firm and a < E(a) + v 2γ for a non-profit.…”
Section: The Entrepreneur's Choice Of Legal Formmentioning
confidence: 99%
“…In recent years, many forms of hybrid organizations that combine profit and social missions have emerged to address a variety of social problems. In particular, social enterprises, such as microfinance institutions and fair trade social enterprises, are increasingly influential in addressing a variety of development missions, such as facilitating access to capital, improving employment opportunities and productivity and enhancing consumer welfare (see Dees, 2008;Eldar, 2017). These organizations signal a shift from the traditional model of pursuing development through donative funding to more entrepreneurial organizations that transact directly with their beneficiaries.…”
Section: Introductionmentioning
confidence: 99%
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“…8 This led to a renewed scholarly interest on the role of hybrid entities in society. 9 More generally, recent reforms reignited the debate on whether corporate management should maximize shareholder profits or adopt a stakeholder-oriented perspective. 10 While hybrid entities' popularity among businesses and lawmakers is perhaps still limited, disclosure-based approaches have obtained broader support at the international level.…”
Section: Introductionmentioning
confidence: 99%