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Mission Control: Examining the Institutionalization of New Legal Forms of Social Enterprise in Different Strategic Action Fields

In: Social Enterprises

Author

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  • Kate Cooney

Abstract

During the first decade of the 21st century, new legal forms for socially motivated business enterprises have emerged in the UK and in the US creating new options for businesses active in social enterprise activities. In this chapter I examine three efforts to create new platforms for social business: the community interest company or CIC (UK), the low profit limited liability company or L3C (US) and the B Corporation (US) through the lens of social movement theory, exploring the efforts to institutionalize these new legal forms as social movements occurring in different strategic fields of action (Fligstein and McAdam, 2011). Building on recent efforts to bridge social movement analysis with organizational theory (Davis et al., 2005), this chapter includes a stakeholder analysis of each new model to sharpen the comparative focus of the investigation of the early efforts to institutionalize these new legal forms for social enterprise. Such an approach assumes that the institutionalization process is shaped both by specific characteristics of organizational form and by the larger environmental conditions surrounding the efforts to codify new legal forms and promote their use.

Suggested Citation

  • Kate Cooney, 2012. "Mission Control: Examining the Institutionalization of New Legal Forms of Social Enterprise in Different Strategic Action Fields," Palgrave Macmillan Books, in: Benjamin Gidron & Yeheskel Hasenfeld (ed.), Social Enterprises, chapter 9, pages 198-221, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-03530-1_10
    DOI: 10.1057/9781137035301_10
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    Cited by:

    1. Lopez-Cozar, C. & Priede, T. & Rodríguez-Lopez, A., 2015. "Evaluating The Legal Environment For Social Entrepreneurship In America And Europe," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 24(1), pages 101-110.
    2. Tyler Wry & Eric Yanfei Zhao, 2018. "Taking Trade-offs Seriously: Examining the Contextually Contingent Relationship Between Social Outreach Intensity and Financial Sustainability in Global Microfinance," Organization Science, INFORMS, vol. 29(3), pages 507-528, June.
    3. Devine, Anthony & Jabbar, Abdul & Kimmitt, Jonathan & Apostolidis, Chrysostomos, 2021. "Conceptualising a social business blockchain: The coexistence of social and economic logics," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    4. Silvia Blasi & Silvia Rita Sedita, 2022. "Mapping the emergence of a new organisational form: An exploration of the intellectual structure of the B Corp research," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(1), pages 107-123, January.
    5. Ruchita Pangriya, 2019. "Hidden aspects of social entrepreneurs’ life: a content analysis," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 9(1), pages 1-19, December.
    6. McDonald, Robert E. & Masselli, John J. & Chanda, Bob, 2021. "Nonprofit business model innovation as a response to existential environmental threats: Performing arts in the United States," Journal of Business Research, Elsevier, vol. 125(C), pages 750-761.
    7. Silvia Blasi & Silvia Rita Sedita, 2019. "Mapping the emergence of a new research field: an exploration of the intellectual structure of the B Corp research," "Marco Fanno" Working Papers 0236, Dipartimento di Scienze Economiche "Marco Fanno".

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