What to Be (or Not to Be): Understanding Legal Structure Choices of Social Enterprises from a Resource Dependence Perspective.
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| Authors: | Joy, Simy1 (AUTHOR) simyjoy@iimk.ac.in, Poonamallee, Latha2 (AUTHOR), Scillitoe, Joanne3 (AUTHOR) |
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| Source: | Journal of Social Entrepreneurship. Jul2024, Vol. 15 Issue 2, p712-743. 32p. |
| Subject Terms: | *Social enterprises, *Social structure, *Nonprofit organizations, *Social services |
| Geographic Terms: | New York (State) |
| Abstract: | Choice of legal structures is a key decision that social enterprises make early in their lives. The range of options now includes not only the traditional for-profit and non-profit structures, but also the new hybrid structures. Viewing legal structures primarily as 'governance mechanisms to support the mission', the current social enterprise literature regards 'mission' as the normative basis for legal structure choices. Empirical work in the non-profit and social enterprise literatures, however, surfaces another salient, yet under-theorised concern driving legal structure choices, namely resources. In this paper, we aim to develop resource dependence perspectives as an alternate theoretical lens to understand legal structure choices. In this study of 14 New York based socio-tech enterprises, we uncover how, in an interplay of resource needs, autonomy and legitimacy concerns, legal structures emerge as strategic tools to attract the external resource providers that the social enterprises want to form resource relations with and avoid the ones they are wary of. Our findings contribute to advancing the notion of legal structures as a 'vehicle for resource mobilisation', and to lay the foundations for a resource dependent framework to examine social enterprise legal structure choices. [ABSTRACT FROM AUTHOR] |
| Database: | Entrepreneurial Studies Source |
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| Header | DbId: ent DbLabel: Entrepreneurial Studies Source An: 178024765 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Joy%2C+Simy%22">Joy, Simy</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> simyjoy@iimk.ac.in</i><br /><searchLink fieldCode="AR" term="%22Poonamallee%2C+Latha%22">Poonamallee, Latha</searchLink><relatesTo>2</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Scillitoe%2C+Joanne%22">Scillitoe, Joanne</searchLink><relatesTo>3</relatesTo> (AUTHOR) – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Journal+of+Social+Entrepreneurship%22">Journal of Social Entrepreneurship</searchLink>. Jul2024, Vol. 15 Issue 2, p712-743. 32p. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22Social+enterprises%22">Social enterprises</searchLink><br />*<searchLink fieldCode="DE" term="%22Social+structure%22">Social structure</searchLink><br />*<searchLink fieldCode="DE" term="%22Nonprofit+organizations%22">Nonprofit organizations</searchLink><br />*<searchLink fieldCode="DE" term="%22Social+services%22">Social services</searchLink> – Name: SubjectGeographic Label: Geographic Terms Group: Su Data: <searchLink fieldCode="DE" term="%22New+York+%28State%29%22">New York (State)</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: Choice of legal structures is a key decision that social enterprises make early in their lives. The range of options now includes not only the traditional for-profit and non-profit structures, but also the new hybrid structures. Viewing legal structures primarily as 'governance mechanisms to support the mission', the current social enterprise literature regards 'mission' as the normative basis for legal structure choices. Empirical work in the non-profit and social enterprise literatures, however, surfaces another salient, yet under-theorised concern driving legal structure choices, namely resources. In this paper, we aim to develop resource dependence perspectives as an alternate theoretical lens to understand legal structure choices. In this study of 14 New York based socio-tech enterprises, we uncover how, in an interplay of resource needs, autonomy and legitimacy concerns, legal structures emerge as strategic tools to attract the external resource providers that the social enterprises want to form resource relations with and avoid the ones they are wary of. Our findings contribute to advancing the notion of legal structures as a 'vehicle for resource mobilisation', and to lay the foundations for a resource dependent framework to examine social enterprise legal structure choices. [ABSTRACT FROM AUTHOR] |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=ent&AN=178024765 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1080/19420676.2021.1995030 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 32 StartPage: 712 Subjects: – SubjectFull: Social enterprises Type: general – SubjectFull: Social structure Type: general – SubjectFull: Nonprofit organizations Type: general – SubjectFull: Social services Type: general – SubjectFull: New York (State) Type: general Titles: – TitleFull: What to Be (or Not to Be): Understanding Legal Structure Choices of Social Enterprises from a Resource Dependence Perspective. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Joy, Simy – PersonEntity: Name: NameFull: Poonamallee, Latha – PersonEntity: Name: NameFull: Scillitoe, Joanne IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 07 Text: Jul2024 Type: published Y: 2024 Identifiers: – Type: issn-print Value: 19420676 Numbering: – Type: volume Value: 15 – Type: issue Value: 2 Titles: – TitleFull: Journal of Social Entrepreneurship Type: main |
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