Dieser Beitrag stellt mit Hilfe der Ordonomik einen systematischen Zusammenhang zwischen zwei unterschiedlichen Literaturen her, deren Fragestellungen zunächst inkommensurabel erscheinen: zwischen der akteurszentrierten Social Entrepreneurship- Literatur und der auf Institutionen ausgerichteten...

The winner of the Nobel Peace Prize outlines his vision for a new business model that combines the power of free markets with the quest for a more humane world--and he tells the inspiring stories of companies that are doing this work today. In the last two decades, free markets have swept the...

This research discusses the role of social entrepreneurship as an important feature of the moral economy, i.e., a socially responsible business practice. Developing countries, e.g., Georgia, a post-Soviet country, differ from those in the West in this aspect. The author aims to identify...

In this paper, we investigate whether capital structure differs between for-profit and nonprofit sectors by focusing on two key aspects of the latter: the non-distribution constraint and the stakeholder oriented governance system. We develop a theoretical model and show that the former...

This paper analyzes how social investors evaluate the integrity of social entrepreneurs. Based on an experiment with 40 professionals and 40 students, we investigate how five attributes of the entrepreneur contribute to the assessment of integrity. These attributes are the entrepreneur's...

Social innovation is booming as a political buzzword. However, the concept still lacks scientific analysis, a common epistemology and a clear-cut definition. This thesis takes a step towards a better theoretical and conceptual understanding of corporate social innovation by detaching the concept...

We develop a model that explains variation in adoption patterns of Corporate Social Responsibility (CSR)-related business practices in cases after multinational corporations (MNCs) have acquired social enterprises. Existing approaches that seek to explain these differences remain theoretically...

How do barely incentivized norms impact incentive-rich environments? We take social enterprise legislation as a case in point. It establishes rules on behalf of constituencies that have no institutionalized means of enforcing them. By relying primarily on managers' other-regarding concerns...