The Future of Corporate Purpose: Merging and Balancing Social, Environmental and Economic Considerations

Stelios Andreadakis ()
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Stelios Andreadakis: Brunel University London

A chapter in Corporate Governance for Climate Transition, 2023, pp 1-20 from Springer

Abstract: Abstract The present chapter deals with the social enterprises’ landscape in the United Kingdom, with emphasis on Certified B Corps, Benefit Corporations and Community Interest Companies (CIC). Although the UK has the reputation of a jurisdiction that supports the shareholder value theory and the shareholder maximisation paradigm, it has introduced special rules for social enterprises and has facilitated the development of Benefit Corporations and B Corps. The UK experience may be significantly different from the United States’ one, but it can operate as an example to follow for countries that aim at becoming more inclusive in terms of corporate social responsibility and social purpose.

Keywords: B-Corps; CSR; Corporate purpose; CIC; Social enterprises (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-26277-7_1

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DOI: 10.1007/978-3-031-26277-7_1

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