Management theory has examined static concepts at the level of the social entrepreneur and of the social enterprise. In this contribution, we examine the work of the social entrepreneur at the unit level and the social enterprise at the organizational level. Based on the exemplar of...

The paper examines why capital didn't flow from the rich to the poor. The problems identified are categorized in three broad categories: lack of complementary human capital, information asymmetries and transaction costs for small loan sizes. It explains how moneylenders solve the information...

This is a paper explaining the EU Directive on Taxation of inter-State interest on savings. It concerns situations where the savings of an EU resident are placed in another member-State. The majority of EU States would like information disclosure so that they can tax the income received...

The paper presents a social innovation as an innovitve business model with new social relations and indicates a few short cases to indicate how a social problem was addressed by a social innovation by entrepreneurial actions by microfinance service providers. The cases are from microcredit,...

Type of Paper: Exploratory, descriptive, case study Objectives: In the wake of the global crisis, the role of the financial markets is being questioned and new forms of social innovations focusing on stakeholder governance and cooperation are being experimented. This paper looks into one such...

One way by which microentrepreneurs can increase their ability to take debt is to take equity alongside, thus respecting prudent ratios and reducing stress. But microequity has not developed in most of the developing world. At the same time, since 1983, microequity has been started in France...

The boom of microfinance and its high profits in emerging countries has raised interest in this sector of investors in developed countries. The question to be addressed is how venture capital will help this MFI scale its business and profits? Can developed country investors, facing a lack of...

The purpose of this paper is to improve pedagogical clarity and financial analysis for calculating a firm's sustainable growth rate, a useful concept for firms growing very fast as well as those in finacial distress.The paper is based on a review of literature and text books concerning the...

The failures of the socialist model, evidenced by high unemployment, have led France to reorient itself towards more enterprise creation. These entrepreneurial ventures require financing. However, bankers do not want to assume the high risk of newly created enterprises. Moreover, small...

Both microcredit and sub-prime loans are loans to poor consumers, often in small amounts leading to high interest rates. These high interest rates charged by banks have raised the question whether the poor, often illiterate or with limited literacy, understand the amount of interests they are...