Corporate Social Entrepreneurship

2013 ◽  
Author(s):  
Christine A. Hemingway
Keyword(s):  
Social Entrepreneurship ◽  
Corporate Social

From NPO to social enterprise: the story of Schwab awardee, Sharanjeet Shan

2019 ◽  
Vol 9 (4) ◽  
pp. 1-23
Author(s):  
Kerryn Ayanda Malindi Krige ◽  
Verity Hawarden ◽  
Rose Cohen
Keyword(s):  
South Africa ◽  
Social Entrepreneurship ◽  
Social Enterprise ◽  
Social Entrepreneur ◽  
Financial Sustainability ◽  
Social Investment ◽  
Content Type ◽  
Corporate Social ◽  
Corporate Social Investment

Learning outcomes This case study introduces students to the core characteristics of social entrepreneurship by teaching Santos (2012) positive theory. The case allows students to transition from comprehension and application of what social entrepreneurship is, to considering how they operate. Druckers (2005) argument that social organisations will never have sufficient resources to do their work because they operate in an environment of infinite need is the catalyst for a conversation on resource dependency theory and the risks of mission drift. Students are introduced to the funding spectrum that can be used to understand the type of income that comes to an organisation, and to apply this to the case. By the end of their studies, students should be able to apply the Santos (2012) definition to social enterprises and social entrepreneurs, have insight into the complexity of operating in an environment of infinite need and able to apply the funding spectrum as a tool to manage to understanding financial sustainability. Case overview/synopsis The case tells the story of Sharanjeet Shan, a globally recognised social entrepreneur, and recipient of the Schwab Foundation’s Social Entrepreneur of the Year award in 2015. Shan moved to South Africa as the country moved into democracy, and has spent the past 20-plus years building the skills of Black African school children in mathematics and science through the organisation she leads, Maths Centre. But the country remains at the bottom of world rankings for the quality of its maths and science education, despite spending more per capita on education than any other country in Africa. Maths Centre has seen a dip in donations despite steady growth in the amount of money that businesses are investing in social change in South Africa through corporate social investment. But does Shan really need more donor income? Or are there other ways that she can build the financial sustainability of Maths Centre? Complexity academic level This case study is aimed at students of non-profit management, entrepreneurship, social entrepreneurship, women in leadership, corporate social investment, development studies and sustainable livelihoods. It is written at an Honours / Masters level and is therefore also appropriate for use in customised or short programmes. The case study is a good introduction for students with a background in business (e.g. Diploma in Business Administration / MBA / custom programmes) who are wanting to understand social enterprise and apply their learning's. Supplementary materials A list of supplementary materials is provided in the Teaching Note as Table I, which includes video's, radio interview recordings and a book chapter. Subject code CSS 3: Entrepreneurship.

SOCIAL ENTREPRENEURSHIP AND IMPACT INVESTING

2013 ◽  
Vol 78 (2) ◽  
pp. 209-221
Author(s):  
Maarten J. Verkerk
Keyword(s):  
Financial Institutions ◽  
Social Entrepreneurship ◽  
World View ◽  
Economic Prosperity ◽  
Social Entrepreneurs ◽  
Impact Investing ◽  
Environmental Objectives ◽  
Accounting Scandals ◽  
Corporate Social ◽  
Global World

The financial crisis and accounting scandals in large companies have stimulated a thorough assessment of the contribution of enterprises and financial institutions to the greater public good and economic prosperity. This assessment has led to a revaluation of the ideas of social entrepreneurship and impact investing. In this article we explore the nature and character of these ideas by a philosophical analysis and by comparison with profit-driven organizations and corporate social responsibility. We show that social entrepreneurs and impact investors distinguish themselves by their social and environmental objectives, their focus on the justified interests of all stakeholders, and their values and world view. We also make a reasonable case that in the coming decade social entrepreneurs and impact investors will play an important role in the development of the global world.

Corporate Social Entrepreneurship

2019 ◽  
pp. 305-331 ◽  
Author(s):  
M. del Rocío Vallejo-Fiallos
Keyword(s):  
Social Entrepreneurship ◽  
Business Strategy ◽  
Social Innovation ◽  
Good Governance ◽  
Spillover Effect ◽  
Vital Role ◽  
Social Value ◽  
Sustainability Analysis ◽  
Corporate Social Innovation ◽  
Corporate Social

Entrepreneurship is a strategic opportunity for human development, on which MNCs play a vital role in the spillover effect. This chapter aims (1) to illustrate corporate social entrepreneurship (CSE) practices to generate social value and (2) to explore their ethical constraint alleviation. Using an internet-mediated research, a sustainability analysis of seventy companies from different countries and sizes evidenced that CSE is a tool for economic growth and good governance. This study brings new insights to the field of CSR and its role in sustainability by incorporating the entrepreneurship discipline. A corporate social innovation business model is proposed as a core business strategy. Also, Ecuadorian CSE practices and their different perspectives can serve as references for future studies.

From Corporate Social Responsibility to Social Entrepreneurship

2016 ◽  
pp. 78-92
Author(s):  
Eva Asensio ◽  
Jesús Perán ◽  
Yolanda Rodríguez
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Social Entrepreneurship ◽  
Business Models ◽  
Negative Impact ◽  
Point Of View ◽  
Economic Changes ◽  
Creating Shared Value ◽  
Unethical Practices ◽  
Corporate Social

Corporate Social Responsibility has become more significant among companies and other institutions. Nevertheless, the traditional approach of corporate social responsibility, based on preventing the possible negative impact of irresponsible and unethical practices, is no longer enough. The profound socio-economic changes, accelerated as a result of the global economic crisis, demand a further step respect to corporate social responsibility paradigm linking to the so-called social entrepreneurship, understood here as the incorporation of new social demands to business models. This chapter aims to redefine the concept of social entrepreneurship from an eclectic point of view and present a methodological approach for their measurement as a tool for business strategic planning. The theoretical proposal of social entrepreneurship tries to link creating shared value concept with the stakeholder theory, paying special attention to the Social Return on Investment (SROI) method, together with neuroscientific approach, as tools for the measurement of social value.

Social Entrepreneurship and Corporate Social Responsibility in the Russian Federation

2020 ◽  
pp. 199-218
Author(s):  
Ruslan Sadyrtdinov
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Nonprofit Organizations ◽  
Social Entrepreneurship ◽  
Cost Benefit Analysis ◽  
Social Activity ◽  
Social Enterprises ◽  
Corporate Behavior ◽  
Success Stories ◽  
Corporate Social

Implementing social entrepreneurship and corporate social responsibility (CSR) concepts in Russia is discussed in this chapter. CSR and social enterprises have been developing dynamically in Russia since the mid-2000s, and the author believes that they can be used to foster further social and economic transition. The issues related to the Russian success stories of social enterprises and socially responsible corporate behavior are outlined. An emphasis is made on identifying government and private institutions and instruments supporting the social activity of profit and nonprofit organizations. Techniques for evaluating CSR in Russia are described. Due to incomplete data in nonfinancial reports it is difficult to derive a cost-benefit analysis for CSR projects. Instead, indicators for nonfinancial reports are selected and indices are constructed by measuring the quality and frequency of their disclosure. The chapter concludes by outlining the main challenges and potential drivers to promote further development.

scholarly journals Transforming corporate governance through effective corporate social responsibility (CSR) and social entrepreneurship orientation in Nepal

2019 ◽  
Vol 1 (1) ◽  
pp. 26-49 ◽  
Author(s):  
Seeprata Parajuli ◽  
Srijana Rajbhandari ◽  
Ashok Joshi ◽  
Sujan K.C. ◽  
Udbodh Bhandari
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Social Entrepreneurship ◽  
Well Being ◽  
General Situation ◽  
Corporate Sector ◽  
Corporate Policies ◽  
Development Interventions ◽  
Present Context ◽  
Corporate Social

Background: Different studies and development interventions have con­firmed that socio-economic progress of a society is largely influenced by the exhibited level of corporate social responsibility (CSR) and social entrepre­neurship orientation taken into account. This reality may serve in the same magnitude in context of present Nepalese corporate sector. However, differ­ent studies indicate that only a limited number of organizations are involved in such activities in the present context of Nepal. On the other hand, truthful participation with corporate social responsibility (CSR) related initiatives has been made mandatory in many countries thereby governing the CSR initiatives by defined rules and regulations. Objectives: The thrust of this paper was to understand the magnitude and direction of CSR and social entrepreneurial orientation of the Nepalese corporate sector, its current state, issues, challenges and ways forward. Methods: Accomplished on qualitative paradigm of study as a blend of guided literature reviews, seminar discourses and general situation ob­servation and analyses, it may be claimed as a developmental discourse. Results: The Nepalese corporate sector has been positively inclined to­wards enhancement of brand image, reputation and societal relationship by means of truthful engagement in CSR and societal entrepreneurship initiatives. Conclusions: The attainment of socio-economic well-being can be wit­nessed by implementing effective CSR and social entrepreneurship ini­tiatives. Insufficient preparedness of the public agencies with lack of fol­low-up, financing crises, traditional corporate policies and procedures have been the impeding issues affecting the design and execution of CSR and social entrepreneurship initiatives at present in Nepal. Implications: Required strict policy regulations at governing level and ef­fective programming at implementation at corporate or industry level.

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