The concept of the social enterprise has gained considerable attention in a limited number of jurisdictions. In the United States, hybrid social enterprise forms, including Delaware’s public benefit corporation, the benefit corporation in over three dozen states, and the private B Corp certification offered by the nonprofit B Lab, have become prominent challenges to the long tradition of shareholder capitalism. In the United Kingdom, Community Interest Companies can benefit from public subsidies in the form of tax preferences. In others, like Germany, a robust welfare state has caused social enterprise to spread much less quickly.
|Title of host publication
|Social Enterprise Law: A Multijurisdictional Comparative Review
|Dana Brakman Reiser, Steven Dean, Giedre Lideikyte-Huber
|Number of pages
|Published - 20 Dec 2023