Benefit Corporations Approach to Environmental, Social and Governance Disclosure: A Focus on Italy

2020 ◽  
Vol 10 (4) ◽  
Author(s):  
Mauro Sciarelli ◽  
Silvia Cosimato ◽  
Giovanni Landi
Keyword(s):  
Qualitative Method ◽  
Positive Impact ◽  
Corporate Structure ◽  
New Approach ◽  
For Profit ◽  
Benefit Corporation ◽  
Benefit Corporations ◽  
Multiple Case ◽  
Governance Disclosure

AbstractOver the last decades, Benefit Corporations arouse as a new corporate structure, alternative to traditional ones and pointing to offer a new approach to the management of business and sustainability issues. These companies' activities are statutory aimed at bridging for-profit and no-profit activities; thus, they intentionally and statutory pursue economic purposes together with social and environmental ones, to create a positive impact on economy, society and environment. Even though, Italian and other national laws set some specific disclosure duties for Benefit Corporations, especially in terms of Environmental, Social and Governance (ESG) issues, the literature still calls for further research on the topic. Therefore, this paper is aimed at contributing to bridge this gap, investigating the way Italian Benefit Corporations approach ESG disclosure. To this end, an exploratory analysis has been conducted, implementing a qualitative method, based on a multiple case study strategy. Even though the descriptive nature of the study, the achieved findings pointed out that the Benefit Corporation structure not necessarily implies a better approach to ESG.

Are Changes in Corporate Governance an Answer?

2021 ◽  
pp. 189-213
Author(s):  
Matt Fischer-Daly
Keyword(s):  
Corporate Governance ◽  
Positive Impact ◽  
The United States ◽  
Detailed Examination ◽  
Due Diligence ◽  
Private Regulation ◽  
For Profit ◽  
Benefit Corporation ◽  
Corporate Entity ◽  
Benefit Corporations

This chapter explores the potential for changes in corporate governance to overcome the decoupling problem in private regulation, through a detailed examination of the case of benefit corporations. In the United States, a benefit corporation is a type of for-profit corporate entity that includes among its goals — in addition to profits — a positive impact on society, workers, the community, and the environment. The chapter argues that the B-Corp movement is a false promise because of the legal limitations of actors to seek remedy if a benefit corporation does not meet its “benefit goals” and because of a variety of issues in the certification process for such a corporation. This argument is supported through the analysis of the private regulation program of a leading benefit corporation, which shows that its status has in no way improved coupling between private regulation practices and outcomes. It would seem that the benefit corporation certification is simply another modern ritual of due diligence, although there is a need for additional research on benefit corporations to confirm this conclusion.

The Local Government of Kulon Progo Regency Innovation in Subduing Capitalism through Community Empowerment

2020 ◽  
Vol 4 (2) ◽  
pp. 229
Author(s):  
Muhammad Eko Atmojo ◽  
Helen Dian Fridayani
Keyword(s):  
Qualitative Method ◽  
Positive Impact ◽  
Community Empowerment ◽  
Case Study Approach ◽  
Study Approach ◽  
The Past ◽  
The People ◽  
District Government ◽  
The Government

Kulon Progo Regency is one of the districts that has many innovations, one of which is community empowerment in collaboration with a modern shop abbreviated as the shop name owned by the people (tomira). This research was motivated by the achievements of the Kulon Progo district government in carrying out development and innovation in the development of the Kulon Progo region by fully involving the Kulon Progo district community through community empowerment. This initiative was taken by the government of Kulon Progo Regency to improve community empowerment and protect the people of Kulon Progo Regency from various economic threats. Considering that in the past few years many modern shops have mushroomed in each district/city, so this is what makes Kulon Progo Regency move quickly to empower the community by collaborating between MSMEs or cooperative with modern shops. This study uses a qualitative method which case study approach. With the empowerment that has been done, the original products of Kulon Progo Regency or local products can be traded in modern stores so that local products in Kulon Progo Regency can compete with national products in these modern stores. The existence of such cooperation will indirectly improve the image of Kulon Progo Regency and lift the original products of Kulon Progo Regency. The lifting of the original products of Kulon Progo Regency will have a positive impact on the community, where indirectly the economy of the community will increase so that there will be prosperity for the community. Kabupaten Kulon Progo adalah salah satu kabupaten yang memiliki banyak inovasi, salah satunya adalah pemberdayaan masyarakat bekerja sama dengan toko modern disingkat nama toko yang dimiliki oleh masyarakat (tomira). Penelitian ini dilatarbelakangi oleh pencapaian pemerintah kabupaten Kulon Progo dalam melakukan pengembangan dan inovasi dalam pengembangan wilayah Kulon Progo dengan melibatkan sepenuhnya masyarakat kabupaten Kulon Progo melalui pemberdayaan masyarakat. Inisiatif ini diambil oleh pemerintah Kabupaten Kulon Progo untuk meningkatkan pemberdayaan masyarakat dan melindungi masyarakat Kabupaten Kulon Progo dari berbagai ancaman ekonomi. Menimbang bahwa dalam beberapa tahun terakhir banyak toko-toko modern telah menjamur di setiap kabupaten/kota, jadi inilah yang membuat Kabupaten Kulon Progo bergerak cepat untuk memberdayakan masyarakat dengan berkolaborasi antara UMKM atau bekerjasama dengan toko-toko modern. Penelitian ini menggunakan metode penelitian kualitatif dengan pendekatan studi kasus, dengan metode yang digunakan adalah dokumentasi. Dengan pemberdayaan yang telah dilakukan, produk asli Kabupaten Kulon Progo atau produk lokal dapat diperdagangkan di toko modern sehingga produk lokal di Kabupaten Kulon Progo dapat bersaing dengan produk nasional di toko modern ini. Adanya kerjasama tersebut secara tidak langsung akan meningkatkan citra Kabupaten Kulon Progo dan mengangkat produk asli Kabupaten Kulon Progo. Pencabutan produk asli Kabupaten Kulon Progo akan berdampak positif bagi masyarakat, di mana secara tidak langsung perekonomian masyarakat akan meningkat sehingga akan ada kesejahteraan bagi masyarakat.

Social Enterprise Law

2017 ◽  
Author(s):  
Dana Brakman Reiser ◽  
Steven A. Dean
Keyword(s):  
Social Enterprise ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Bottom Line ◽  
Social Mission ◽  
For Profit ◽  
Benefit Corporation ◽  
Benefit Corporations ◽  
Contingent Convertible Debt ◽  
Legislative Changes

Social Enterprise Law presents a series of audacious legal technologies designed to unleash the potential of social enterprise. Until now, the law has been viewed as an obstacle to social entrepreneurship, too inflexible to embrace for-profit businesses with a social mission at their core. Legislators have poured resources into creating hybrid corporate forms such as the benefit corporation to eliminate barriers to the creation of social enterprises. That first generation of social enterprise law has not done enough. The authors provide a framework for future legislation to do what benefit corporations have not: create durable commitments by social entrepreneurs and investors to balance financial gains and social mission by putting a speed limit on profits. They show how sophisticated investors need not wait for the advent of these legislative changes, outlining a contingent convertible debt instrument that relies instead on financial engineering to build trust between those with capital and those ready to use it to nurture a double bottom line. To allow social enterprises to harness the vast power of the crowd, they develop a tax regime that would provide crowdfunding platforms the means to screen the commitment of for-profit startups. Armed with these tools of social enterprise law 2.0 and the burgeoning metrics of measuring public benefit, entrepreneurs and investors can navigate even the turbulent waters of exit without sacrificing mission, so that a sale need not mean selling out.

Organizational Identity Formation in Alternative Organizations: A Study of Three Benefit Corporations

2019 ◽  
Vol 33 (4) ◽  
pp. 484-511 ◽  
Author(s):  
Irina M. Kopaneva ◽  
George Cheney
Keyword(s):  
Identity Formation ◽  
Organizational Identity ◽  
Profit Maximization ◽  
The United States ◽  
Bottom Line ◽  
Social Mission ◽  
Benefit Corporation ◽  
Benefit Corporations ◽  
Multiple Case ◽  
New Type

The benefit corporation (BC) in the United States is a new type of corporation legally required to generate profit for its shareholders and to pursue public benefit. BCs explicitly work to balance profit maximization and social mission, which is an ongoing challenge for businesses with an expansive view of the bottom line. This multiple case study extends scholarship on identity formation (IF) in nontraditional organizations, such as BCs, by providing empirical evidence of how identities develop in relation to prevailing cultural sentiments. In particular, we demonstrate how BC struggles over organizational identity (OI) reference broader socioeconomic discourses, identify mechanisms through which perceived pressures suppress alternative interpretations of OI at a micro-level of member interaction, and expose tensions between dominant and alternative frames for business enterprise.

scholarly journals Pendekatan Living Values Education dalam Menanamkan Nilai Karakter Anak di RA Tiara Chandra Yogyakarta

2020 ◽  
Vol 8 (1) ◽  
pp. 125
Author(s):  
Muammar Qadafi
Keyword(s):  
Role Models ◽  
Qualitative Method ◽  
Positive Impact ◽  
Values Education ◽  
Case Study Approach ◽  
Study Approach ◽  
The Past ◽  
Analysis Technique ◽  
Depth Interviews

<p><em>LIVING VALUES EDUCATION APPROACH IN DEVELOPING CHILDREN’S CHARACTER AT RA TIARA CHANDRA YOGYAKARTA. </em><em>This study aims to find out how the Living Values Education (LVE) approach in instilling the character values of children in RA Tiara Chandra Yogyakarta. The research used qualitative method with a case study approach. Data collection techniques carried out through participatory observation, in-depth interviews, and documentation, while data analysis technique are through data reduction, data display, and verification. The results showed that RA Tiara Chandra has used the LVE approach for the past three years, starting with the training given to teachers and staff as role models for children, then involving parents and the community around the school area. Training of adults was the first step to guide children in developing character values. This step was quite effective and had a positive impact on the development of children's character values in RA Tiara Chandra Yogyakarta.</em><em></em></p>

scholarly journals When the Translator Does More than Translate: A Case Study of Translator Roles in a Digital Publishing Initiative

2018 ◽  
pp. 117-137
Author(s):  
Maialen Marin-Lacarta ◽  
Mireia Vargas-Urpi
Keyword(s):  
Qualitative Method ◽  
Positive Impact ◽  
Digital Publishing ◽  
Non Profit ◽  
Professional Boundaries ◽  
Technological Advances ◽  
Cultural Mediators ◽  
Scant Attention ◽  
Digital Initiative

   Recent technological changes have affected translators’ professional boundaries and status. However, scant attention has been paid to the new opportunities that have been created for professional literary translators. Our research focuses on ¡Hjckrrh!, a de facto non-profit self-publishing initiative led by three professional translators who are involved in the publishing of literary translations in ebook format – they share the same professional expertise, but assume different roles in the initiative. An ethnography-inspired qualitative method has been adopted by the researchers. This paper is based on fourteen interviews with participants who have collaborated with ¡Hjckrrh!, comprising eleven translators (including the three founding members of ¡Hjckrrh!), two proofreaders and a graphic designer. The paper aims at studying translators’ roles, production teams and relationships, and pays special attention to the agency and visibility of translators. Our findings show that technology has had a positive impact on translator agency, status and identity among the founding members and collaborators of ¡Hjckrrh!. These translators have used the shifting professional boundaries and technological advances to develop their roles as cultural mediators. The article describes the work of the translators who collaborate in this digital initiative and discusses the ways they relate to each other, the roles they play and how they cross professional boundaries. The conclusions identify the relationships and opportunities created by this new work environment. 

scholarly journals Performance Management in Anti-Corruption Authorities Indonesian and Swedish Cases

INTEGRITAS ◽  
2018 ◽  
Vol 4 (2) ◽  
pp. 29
Author(s):  
Oryza Sativa ◽  
Christos Daskalakis
Keyword(s):  
Performance Measurement ◽  
Performance Management ◽  
Comparative Research ◽  
Qualitative Method ◽  
Management Control ◽  
Management Control System ◽  
Target Setting ◽  
Multiple Case ◽  
And Performance

This paper investigates how Anti-Corruption Authorities (ACA) make use of performance measurement in order to improve performance management. The research framework has been developed from Ferreira and Otley (2009). The authors used a qualitative method with multiple case study in order to perform comparative research. Indonesia’s Komisi Pemberantasan Korupsi and Swedish National Anti-Corruption Unit were chosen as the sample of the study. The research found that both of the authorities has a greatly different performance management system and performance measurement. It can be seen from the use of key performance indicators and its role in the management control system, as well as the target setting, performance evaluation, and rewards.

scholarly journals Women During General Community Quarantine (GCQ): A Case Study

2021 ◽  
Vol 3 (11) ◽  
pp. 79-83
Author(s):  
Pearl Lettee Maunes
Keyword(s):  
Qualitative Method ◽  
Women Empowerment ◽  
Sustainable Development Goal ◽  
Case Study Design ◽  
Multiple Case ◽  
Philippine Government ◽  
General Community ◽  
Main Factor

The Philippine government has imposed General Community Quarantine (GCQ) measures to slow the risk of the spread of COVID-19. This study seeks to identify the problems women encountered during this period and determine solutions to address those problems. Descriptive qualitative method multiple case study design was used. With thematic analysis, results found out that women are burdened by family security and financial capability, which contributes to the triple role of women. Moreover, resiliency has emerged as the main factor in solving these burdens. This study contributes to the fifth Sustainable Development Goal, gender equality, and women empowerment.

scholarly journals Investigating the “queen bee” phenomenon in Indonesia: a case study

2019 ◽  
Vol 2 (1) ◽  
pp. 41 ◽  
Author(s):  
S Suharnomo ◽  
Devita Permatasari
Keyword(s):  
Qualitative Method ◽  
Negative Impact ◽  
Positive Impact ◽  
Preferential Treatment ◽  
Case Study Approach ◽  
Study Approach ◽  
Depth Interview ◽  
Work Atmosphere ◽  
Negative Impacts

The purpose of this research was to explore the experience of some informants regarding the phenomenon of queen bee in Indonesia. Our study used qualitative method with case study approach. Data was gathered using in-depth interview on seven informants. The result shows that the queen bee leader did intimidating and mostly not supporting the career of her subordinate woman. Besides, the queen bee leader make distance not only to her subordinate which are female, but also to her female colleagues at work. Queen bee leader tend to give preferential treatment to men. This phenomenon has more negative impacts than positive impacts. The negative impact caused by the queen bee phenomenon is that it can cause victim to be feel intimidatied and stressed, the work atmosphere becomes less conducive, uncomfortable, disrupts the operations of the company. While the positive impact of the existence of the queen bee leader is the job need to be due became quicker to be completed.

scholarly journals Community Use Zone (CUZ) Model and Its Outcome in Malaysia Case Study from Crocker Range Park, Sabah

2016 ◽  
Vol 6 (3) ◽  
pp. 25
Author(s):  
Peter Voo ◽  
Abrar J. Mohammed ◽  
Makoto Inoue
Keyword(s):  
Positive Impact ◽  
Local People ◽  
Forest Governance ◽  
Community Members ◽  
New Approach ◽  
People Participation ◽  
Positive Externality ◽  
Rule Making ◽  
Structured Questionnaire

<p>The Sabah Parks has been experimenting with a new approach to forest governance, namely Community Use Zone (CUZ), in order to safeguard the forests from ongoing degradation while simultaneously providing opportunities for the affected communities to improve their living conditions and livelihoods. Despite the ongoing discourse to expand this approach, there is limited systematic study to understand the changes in governance as well as linking it to forest and livelihood outcomes. By conducting structured and semi-structured questionnaire interview to CUZ and non-CUZ community members as well as Crocker Range Park staffs, this study clarifies the changes in involvement of local people in rule making and implementation of diverse forest management activities and governance decisions as well as forest and livelihood outcomes from CUZ. The result showed that local people participation in rule making and implementation is enhanced after implementation of CUZ. While the forest outcome remains mixed, the CUZ has brought positive impact to the livelihood of the participants. CUZ also has positive externality to neighboring community in terms of their attitude towards the program.</p>

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