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The Future of Corporate Purpose: Merging and Balancing Social, Environmental and Economic Considerations

In: Corporate Governance for Climate Transition

Author

Listed:
  • Stelios Andreadakis

    (Brunel University London)

Abstract

The present chapter deals with the social enterprises’ landscape in the United Kingdom, with emphasis on Certified B Corps, Benefit Corporations and Community Interest Companies (CIC). Although the UK has the reputation of a jurisdiction that supports the shareholder value theory and the shareholder maximisation paradigm, it has introduced special rules for social enterprises and has facilitated the development of Benefit Corporations and B Corps. The UK experience may be significantly different from the United States’ one, but it can operate as an example to follow for countries that aim at becoming more inclusive in terms of corporate social responsibility and social purpose.

Suggested Citation

  • Stelios Andreadakis, 2023. "The Future of Corporate Purpose: Merging and Balancing Social, Environmental and Economic Considerations," Springer Books, in: Carolina Machado & João Paulo Davim (ed.), Corporate Governance for Climate Transition, pages 1-20, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-26277-7_1
    DOI: 10.1007/978-3-031-26277-7_1
    as

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