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- W2897779401 abstract "Social enterprises are increasingly being used to distribute income to disadvantaged groups. However, a lack of consensus of what a social enterprise is has prevented researchers from assessing their relative allocative efficiency. I address this gap by extending the standard microeconomic model of a profit‐maximising firm to consider social enterprises as a Social Corporation (SC). I then analyse four types of SC, showing that three can be as allocatively efficient as a for‐profit firm in equilibrium, despite inputs not necessarily being paid their marginal benefit." @default.
- W2897779401 created "2018-10-26" @default.
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- W2897779401 date "2018-10-07" @default.
- W2897779401 modified "2023-09-25" @default.
- W2897779401 title "Are Social Enterprises Efficient? A Theoretical Approach" @default.
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- W2897779401 doi "https://doi.org/10.1111/1759-3441.12232" @default.
- W2897779401 hasPublicationYear "2018" @default.
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