Overview

The law of social enterprises consists of the regulations and legal frameworks that govern businesses aiming to achieve social or environmental objectives alongside financial profits. These entities, such as Benefit Corporations (B Corps) and Community Interest Companies (CICs), must legally commit to their social missions. Key aspects include mandatory reporting on social impact, transparency in operations and reinvestment of a significant portion of profits back into their social or environmental goals. Social enterprises often enjoy specific legal benefits, such as tax incentives and eligibility for grants, which support their dual mission. Regulations take care of accountability, requiring these enterprises to demonstrate how they balance profit-making with their social commitments. This legal structure not only differentiates them from traditional for-profit companies but also from non-profits, promoting sustainable business models that drive positive societal change and community development. This book provides comprehensive insights into the field of social enterprises. The topics covered in this extensive book deal with the core subjects of corporate law. It will serve as a valuable source of reference for those interested in this field.

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9781647287214

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