Social Investing: What Matters From the Perspective of Social Enterprises?

2018 ◽  
Vol 47 (3) ◽  
pp. 493-513 ◽  
Author(s):  
Judith Mayer ◽  
Barbara Scheck

Due to a massive increase in available social venture capital (SVC), social entrepreneurs often get to choose among various financing options. As financial parameters can easily be adapted or replicated, this article analyzes how social entrepreneurs evaluate the central nonfinancial features of these funders. Based on an experiment with 44 social entrepreneurs, we assess their perception of the five most relevant criteria for evaluating investor attractiveness: business advisory, network access, information rights, control rights, and reputation of the investor. Our analysis of 1,056 hypothetical decisions reveals that the investor’s reputation is the single most important criterion and that the positive effect of support provided through business advisory and network access strongly outweighs the negative effect of oversight via information rights and control rights. These findings indicate that social entrepreneurs perceive the behavior of SVC investors as steward like rather than principal like.

2020 ◽  
Vol 19 (2) ◽  
Author(s):  
Vitalia Fina Carla Rettobjaan

This study aims to analyze the Financial Ratio for Predicting Bankruptcy. The sample used in this study are SMEs according PEFINDO25 period 2013 to 2017. The independent variables in this study is liquidity, profitability, debt structure, solvency and activity ratio; and control variables is size and age, as well as the dependent variable is bankruptcy. The amount of sample in this study 32 companies PEFINDO25 by using purposive sampling. The method of data analysis is done by using logistic regression with SPSS version 23. The result of this research showed that liquidity, profitability and age has significant negative effect on bankruptcy. Debt structure has significant positive effect on bankruptcy. While solvency, activity ratio and size does not significantly effect on bankruptcy


Author(s):  
Marte L. Siegel ◽  
Eva M. Gullestad Binder ◽  
Hanne Sofie J. Dahl ◽  
Nikolai O. Czajkowski ◽  
Kenneth L. Critchfield ◽  
...  

There is uncertainty concerning what the active ingredients in psychotherapy are. The First Experimental Study of Transference interpretations (FEST) was a randomized controlled trial of the effects of transference work (TW) in psychodynamic psychotherapy. Women with low quality of object relations (QOR) showed a large positive effect of transference work, while men with high QOR showed a slight negative effect. The present study aimed to expand the knowledge from the FEST by investigating the therapeutic atmosphere with Structural Analysis of Social Behavior (SASB). Two-way ANOVAs were conducted to investigate differences between SASB cluster scores between subgroups. The therapeutic atmosphere was characterized by Protect–Trust, Affirm–Disclose and Control–Submit. Multilevel modeling was used to assess the relationship between a therapist variable and outcomes for men and women. Contrary to expectations, no significant differences in therapeutic atmosphere between subgroups (with or without TW in women with low QOR and men with high QOR) were observed using the process measure SASB.


Author(s):  
Achilleas Kontogeorgos ◽  
Fotios Chatzitheodoridis

In Europe 160 million people are members of social economy enterprises and mutual societies. Members that work at social enterprises usually are bound with an employee relationship with their organization; on the other hand participating in a social enterprise could be their only chance to find a job, especially for economies that face a long-term recession such as the Greek economy. Social enterprises and entrepreneurs invest in reciprocity which represents that positive actions will inspire reciprocal positive actions. The main objective of this study is to examine the effect of reciprocity on members’ decision either to invest in social enterprises or to work for them acquiring in both cases the necessary shares. For this reason, a survey was conducted among Greek members of social enterprises listed in the Greek Social enterprises directory, to investigate their aspects about reciprocity and if these aspects affect their decision to work in a social enterprise or support financially them. The survey process returned 142 fully completed questionnaires. The analysis identified a sub group (5 over 27 items) of the questions used to measure reciprocity that can be used to classify participants into shareholders - members (investors) and shareholders - workers in social enterprises. It is worth mentioning that sex or other demographic characteristics of the respondents do not affect this classification while there are only aspects of positive reciprocity that have either positive or negative effect on the possibility to work in social enterprises. Social entrepreneurs and the Greek state could use these findings in order to direct and manage their expansion efforts.


Author(s):  
Chen Liu

This chapter discusses funding and financing issues of small and micro social enterprises (SEs) following a systematic approach. It conducts a systematic review of the SE financing literature and proposes a systematic model to examine the SE financing ecosystem. Specifically, the chapter discusses some traditional financing sources of SEs, including internal money, donations, government grants, and conventional debt and equity and examines SEs' advantage and challenges in securing financing using these traditional ways. To address the challenges of SE financing, this chapter proposes a systematic approach of solution and discusses some new and innovative sources of financing for SEs, such as the social impact bonds and the social venture capital. It then discusses crowdfunding and its best use for various types and stages of SEs. The chapter also suggests a list of future research ideas.


2017 ◽  
Vol 1 (1) ◽  
pp. 1-13
Author(s):  
Indah Fajrotuz Zahro

This study aims to determine the effect of empathy training through emotional expression cards on helpful behavior and aggressive behavior in preschool children. The subjects of this study are the group B children of Bina Anak Sholeh kindergarten Tuban. It uses purposive random sampling technique. A total of 28 children were sampled and divided into 14 children as experimental and control group. The instruments used are image tests of helpful behavior and aggressive behavior. Data were analyzed by using Mann Whitney U Test to test two independent samples using SPSS 16 for windows. From the data analysis, it is known that hypotheses 1, 2, and 3 are accepted, namely 1) The positive effect of empathy training through emotional expression cards on helpful behavior and aggressive behavior in experimental and control group; 2) The positive effect of empathy training through emotional expression cards on helpul behavior of preschool children; 3) There is a negative effect of empathy training through emotional expression cards on aggressive behavior of preschool children.


2020 ◽  
Vol 5 (2) ◽  
pp. 1-15
Author(s):  
Teguh Permana ◽  
Andriani Puspitaningsih

The results showed that third party funds, profit sharing rates, and problematic financing had a significant effect on musharaka financing, while inflation was not significant. Third party funds have a positive effect, while the profit sharing rate and problematic financing have a negative effect on musyarakah financing. Research also shows that there are different interceptions between BUS / UUS and BPRS where the BPRS intercept is greater than the BUS / UUS intercept. This shows that BPRS are more attractive to the public than BUS / UUS. The findings of this study imply that to increase the capacity of musharaka financing, efforts to increase community savings in third party funds are needed, promote a fair / appropriate profit sharing rate, and control problematic financing.Keywords: musharaka, dpk, profit sharing, financing problems, inflation.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Uzeyir Kement ◽  
Sinan Çavuşoğlu ◽  
Bülent Demirağ ◽  
Yakup Durmaz ◽  
Aziz Bükey

PurposeThis study analyzes the desires and behavioral intentions of tourists within the scope of perception of COVID-19 and nonpharmaceutical intervention during the COVID-19 pandemic.Design/methodology/approachThe population of the research consists of people on a touristic trip in Turkey. Because of the pandemic, questionnaire data was collected online between 25 April and 15 May 2020. The research was carried out with 712 questionnaire forms. The data obtained were analyzed by structural equation modeling in the SM-PLS statistics program.FindingsPerception of COVID-19 significantly and positively affects NPI and negatively and significantly affects desire. Perception of COVID-19 and NPI do not have a significant positive/negative effect on behavioral intention. Finally, desire has a significantly positive effect on behavioral intention.Research limitations/implicationsSince the research has limitations in terms of time, cost, accessibility and control difficulties, the entire population could not be reached. The study was carried out with only 712 tourists traveling in Turkey.Practical implicationsThe obtained results will impact, particularly the decisions taken in Turkey's tourism sector. Moreover, if tourism companies know the decisions of the consumers during the pandemic process, they can use the appropriate marketing techniques.Social implicationsThe result may give an idea about the decision-making process of the consumers on traveling during the pandemic. In this way, psychologically different research can be developed.Originality/valueThere has not been any study made in Turkey that investigated the context of the current research model. Therefore, this research is original.


Author(s):  
Devi Akella ◽  
Niveen Eid

This chapter critically examines the servant leadership style of social entrepreneurs. Qualitative data from social enterprises in Palestine and Lukes third dimension power framework are used to explore the intricate forces of power, manipulation, and domination hidden within the service and follower-oriented model of servant leadership. Insights are provided on how the concept of ‘service', the focal aspect in both social enterprises and servant leadership, could be another facet of soft and insidious power exercised by the social entrepreneurs over their followers. A political model of servant leadership is developed that demonstrates how social entrepreneurs could be imposing power and control over their followers under the guise of social mission, creation of social value, serving and empowering their followers and the community.


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