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Legal framework for social enterprise : Lessons from a comparative Study of Italy, Malaysia, South Korea, United Kingdom, and United States

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  • Legal framework for social enterprise
  • Triponel, Anna; Agapitova, Natalia
  • World Bank Group


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Title Legal framework for social enterprise
Similar Titles
Sub Title

Lessons from a comparative Study of Italy, Malaysia, South Korea, United Kingdom, and United States

Material Type Reports
Author(English)

Triponel, Anna; Agapitova, Natalia

Publisher

Washington, DC, U.S. : World Bank Group

Date 2016-12
Pages 42
Subject Country United States(Americas)
Malaysia(Asia and Pacific)
South Korea(Asia and Pacific)
United Kingdom(Europe)
Italy(Europe)
Language English
File Type Link
Subject Social Development < Social Welfare
Holding World Bank Group
License

Abstract

Social enterprises are emerging as a new area of public policy: several countries seek to stimulate private sector contribution to development outcomes, and social enterprises could be important players in that agenda. However, those seeking a middle ground between for-profit and non-profit sectors to enable social enterprise have found legal frameworks to be lacking. This has triggered a range of legal developments over the past ten years, with a number of countries seeking to implement appropriate legal frameworks that can support and stimulate the development of social enterprise. These legal frameworks can both define social enterprise as well as to structure it, through the creation of new legal forms and regulations. The objective of this study is to analyze various definitions and forms under which social enterprises operate in five countries and the implications for public policies. (The rest omitted)